RECENT BLOG POSTS
New Bill Calls for Refinancing of 30 Million GSE Mortgages Legislation to stabilize the foreclosure crisis through the federal government's conservatorship of Fannie Mae and Freddie Mac was introduced in the U.S. House of Representatives Tuesday by Congressman Dennis Cardoza (D-California). The H...
09/29/2010
Regulatory Report Shows Increases in Completed Foreclosures and Mods The credit quality of first-lien mortgages serviced by the nation's largest banks and thrifts remained steady during the second quarter of 2010, according to a new regulatory report.The study conducted by the Office of the Comp...
09/28/2010
Analysts Say 0.5% Drop in FHFA Price Index Is "Worse Than It Looks" Home prices in the United States fell 0.5 percent on a seasonally adjusted basis between June to July, according to the monthly House Price Index released by the Federal Housing Finance Agency (FHFA) last week. The FHFA monthly ...
09/28/2010
What is the Safe Browsing API? The Safe Browsing API is an experimental API that enables client applications to check URLs against Google's constantly updated blacklists of suspected phishing and malware pages. Your client application can use the API to download an encrypted table for local, cl...
09/28/2010
BlackBerry maker offers tablet aimed at businesses AP - This product image provided by Research In Motion, shows the new Playbook. ANDREW VANACORE, AP Business Writer Andrew Vanacore, Ap Business Writer - Mon Sep 27, 9:50 pm ET NEW YORK - The company that gave us the BlackBerry - still the do...
09/28/2010
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Home price growth slows in July...Twenty-city Case-Shiller index reveals price pickup of 0.6% Home price growth in 20 major U.S. cities slowed in July, showing that both transactions and prices have been impacted by the expiration of a key tax credit. The Case-Shiller index rose 0.6% in July comp...
09/28/2010
Toys R Us to hire 45,000 workers for holidays http://www.comcast.net/articles/finance/20100928/US.Toys.R.Us.Holidays/ This should be good news for many who are getting a holiday break but, moreso, for the unemployed that can fill the gap with some pocket change. It's a tough world out there and...
09/28/2010
New GSE Requirements for Appraisal Reporting Expected by Year-End According to a statement released by Freddie Mac and Fannie Mae, the companies are in the process of developing the Uniform Appraisal Dataset (UAD) to improve the quality and consistency of appraisal data on loans delivered to the ...
09/27/2010
News Release September 23, 2010 Fannie Mae Announces New Incentives for HomePath® Properties Up to 3.5 Percent Seller Assistance; Selling Agent Receives $1,500 Bonus WASHINGTON, DC - Fannie Mae (FNMA/OTC) today announced a seller assistance incentive on Fannie Mae-owned properties l...
09/27/2010
Fed lays groundwork for possible further stimulus http://www.comcast.net/articles/finance/20090810/BUSINESS-US-USA-FED/
09/21/2010