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Broker Wins Appeal Against A&E in ‘Flip This House’ Lawsuit

Richard C. Davis, a South Carolina real estate broker with a specialty in flipping homes, won a $4 million court appeal against A&E’s “Flip This House,” a TV series he appeared on during its first

New Bill to Streamline Short Sales

A new bill introduced earlier this week aims to change long lender delays with short

Texas Foreclosure Activity Decreases in Q1

RealtyTrac released yesterday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Feds Settle with Major Lenders

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

Pew Poll Shows Americans Still Value Homeownership

Amidst one of the worst economic recessions in American history, a recent telephone poll conducted by the Pew Research Center shows that the majority of Americans still place a great deal of value in their

Mortgage Apps Decrease in Latest Weekly Survey

Mortgage applications decreased from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8,

FHA’s Mortgagee Review Board Enforces New Regulations

The Federal Housing Administration’s Mortgagee Review Board (MRB) has announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their

U.S. Government Speeding Foreclosure Resales Up

The U.S. government is taking action to speed the resale of foreclosed properties by temporarily expanding access to Federal Housing Administration mortgage insurance, U.S. housing officials

NAHB Hopeful Housing Market Will Rebound This Year

The National Association of Home Builders hopes that this is the year for a rebound. There is reportedly more interest from potential buyers, the organization said, and new housing construction has increased during the month of

MBA Reports Decrease in Mortgage Applications

The Mortgage Bankers Association (MBA) released yesterday its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from

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