The Federal Housing Administration announced that starting April 1 it will not insure mortgages to borrowers who have an ongoing credit dispute of $1,000 or more on their file.
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Realtor.com recently released its picks for top investment markets, based on February 2012 data of 146 markets on housing inventories, price trends, and unemployment rates.
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Ultra-low interest rates have helped the average American to save more than $3,000 a year, according to a USA Today analysis.
Interest payments on mortgages have contributed to some of the largest savings. USA Today reports that mortgage interest payments have fallen 30 percent since peaking in 2007.
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The economy still has a long way to go, Federal Reserve Chairman Ben Bernanke said Monday.
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A New York homeless advocacy group allegedly has been training homeless people how to squat in empty city properties, media outlets are reporting.
A board member with the nonprofit group, Picture the Homeless, is being accused of teaching at least 20 homeless people about “homesteading” and occupying a vacant property permanently.
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Trepp, which recently updated its Commercial Mortgage Maturities outlook with data from last year’s October-through-December period, now estimates that $362 billion of commercial real estate debt will mature this year — an increase from $346 billion in 2011.
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Do neighborhood watch programs lower crime rates? Social scientists aren’t sure, but they think they do. In 15 of 18 studies reviewed by the U.S. Department of Justice, crime dropped after a neighborhood watch was implemented.
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Do you or someone you know volunteer in your community? Apply for the 2012 REALTOR Magazine Good Neighbor Awards and you could earn $10,000 for your charity. The deadline for nominations is May 18.
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Got an interesting approach to cold calling? Are your farming techniques second-to-none? Are your social media selling skills bringing you new business?
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