News / Features

Government REO Housing Inventory Down 18 Percent, Tom Plant on Loop 610 Region

By Peter Ricci According to analysis of government documents, the three big government housing institutes – Fannie Mae, Freddie Mac and the Department of Housing and Urban Development (HUD) – have decreased their REO housing inventory by more than

Delinquency Rate Declines 10 Percent in MBA’s National Delinquency Survey

By Peter Ricci The seasonally adjusted delinquency rate for mortgage loans on one-to-four unit residential properties declined by 10 percent year-over-year in 2012’s second quarter, according to the Mortgage Bankers Association’s (MBA) latest National Delinquency Survey. Though the delinquency rate

Asking Prices in Trulia Price Monitor Increase for Sixth Straight Month, Shannon Register on Appraisal Issues

By Peter Ricci Real estate website Trulia is reporting that, boosted by fewer housing vacancies and relatively impressive job growth, asking prices have risen in its Trulia Price Monitor for the sixth straight month. A leading indicator on home

New Report From Fannie Mae Shows Brighter Future

Mortgage giant Fannie Mae released the findings of its second-quarter financial report earlier today, highlighting its net income, loan volumes and, naturally, its continuing health in the recovering mortgage markets. Overall, the GSE reported a net income of $5.1

NAR’s Federal Credit Union Merges with Northwest Federal Credit Union

By Peter Ricci The National Association of Realtors completed the long-anticipated merger of its virtual Realtors Federal Credit Union (FCU) with the Northwest Federal Credit Union on August 1, effectively opening to its members a new range of financial

Homebuyers in Texas Will Pay the Most in Mortgage Closing Costs

By Stephanie Sims Home mortgage rates are hovering near a record low. And home prices are still lower than a few years ago. But that doesn’t mean Texans are getting a break when it comes to some of the

CoreLogic Home Price Index Rises 2.5 Percent in June

By Peter Ricci National home prices increased 2.5 percent year-over-year in CoreLogic’s Home Price Index (HPI) for June, marking the fourth consecutive month of yearly gains for the index. In addition, the index, which is used by the Federal

Despite Economic Importance, Issue of Housing Nowhere on the Presidential Campaign Trail

When it comes to the  housing market and the real estate industry, few things could be more clear – the two are among the most important contributors to economic growth. Indeed, the amount of economic activity involved in a

Housing Vacancy Rate Shows Improvement, Drops 5 Percent

The housing vacancy rate is among the most important measures of the real estate recovery. After all, excess supply was one of the big side effects of the housing boom, as the preponderance of vacant homes wrecked havoc on property

5 Tips for Summer Home Selling, Mike Pushkin on Keeping Things Light

By Peter Ricci In case you haven’t noticed, it’s hot outside – quite hot, in fact! All throughout the Midwest, temperatures have been raging (they hit 107 in Evansville, Indiana in June), and they’ve made the home searching process

HUD PSA Highlights New Resources for Homeowners

The $25 billion mortgage settlement received quite a bit of press when the documents were signed back in February, and for good reason. Encompassing several states attorneys general and the largest financial institutions in the country, the settlement was

Agent Publishing Founders Marci Sepulveda, Anne Hartnett on Tastytrade’s Bootstrapping in America

Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of

NAR Takes its Message to Cyberspace with Email Campaign, Christi Borden on ‘Unsung Heroes’ of Real Estate

In a new strategy to generate buzz among consumers and Realtors, the National Association of Realtors (NAR) has launched a wide-ranging email campaign on homeownership. According to a description of the campaign on NAR’s website, the campaign began last

What’s Happening with NAR’s Realtor Party

By Peter Ricci In an effort to better mobilize Realtors for the coming elections in November, the National Association of Realtors (NAR) has formed the Realtor Party, a group that aims to forgo party politics in the name of

Mortgage Complaints Dominate CFPB Semi-Annual Report

By Peter Ricci Mortgage complains reigned supreme in the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, comprising 43 percent of the 55,300 complaints the agency received from consumers in its first 11 months of existence. The make-up of

Agent Publishing Founders Marci Sepulveda, Anne Hartnett on Tastytrade’s Bootstrapping in America

Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of

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