Aug 3, 2012
House Passes RESPA Clarification The RESPA Home Warranty Clarification Act would remove home warranties from the list of settlement services under RESPA, meaning real estate professionals could market them more easily to consumers once again....
Aug 2, 2012
In Nearly Every Major City, Buying Trumps Renting In the majority of U.S. cities, home buyers would have to own a home for only three years — or even less — to “break even” financially than if they chose to rent the property instead....
Aug 1, 2012
At the August meeting for the Cache-Rich Association of REALTORS®, the Bylaws committee proposed the following changes: That the elective year for the CRAR be January through December, a calendar year (Article XI, Section 4(d), Page 19) That installation for the newly...
Aug 1, 2012
FHFA Says Fannie, Freddie Will Not Reduce Mortgage Balances Despite mounting pressure from the Obama administration and lawmakers, the FHFA announced it will not allow Fannie and Freddie to lower the mortgage principal of underwater home owners. Its decision quickly...
Jul 31, 2012
Short Sale Rush Is On With short sales already up 25 percent year-over-year, housing experts are predicting a drastic rise in short sales for the remainder of the year. ___________________________________________________________________________________ Refi Plan That...
