by Noteworthy | Apr 20, 2011 | Topics
Homebuilder confidence is falling — a good sign for buyers of newly-built homes. According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It’s the 5th time in 6 months that the index read 16 —...
by Noteworthy | Apr 20, 2011 | Topics
by ANDY LEDDYThe Texas House of Representatives passed a bill that sets up new disclosure requirements for mortgage servicing companies operating in the state of Texas. House Bill 213 requires mortgage servicers to maintain written or electronic records of each...
by Noteworthy | Apr 19, 2011 | Topics
Mortgage markets improved last week, buoyed by two days of out-sized gains. Mortgage rates bounced off their 8-week highs on much weaker-than-expected inflation data, and debt concerns abroad. It’s an abrupt change in mortgage rate momentum. Since the Federal...
by Noteworthy | Apr 19, 2011 | Topics
by Stuck in CustomsA bill introduced in the U.S. House of Representatives would waive early distribution penalties on certain qualified retirement plans if the funds are used to buy a house that has been in foreclosure for a year or more. Bill Posey (R-Fla.)...
by Noteworthy | Apr 18, 2011 | Topics
by State Library of New South Wales collectionStartup advertising firm Adzookie has latched on to a high-profile way to publicize itself: by turning homes into massive billboards. In exchange, Adzookie says it will pay the house owner's mortgage every month for...
by Noteworthy | Apr 17, 2011 | Topics
by The U.S. National ArchivesJPMorgan Chase Bank (JPM: 44.89 -0.18%) failed in its attempt to get a temporary restraining order or an injunction against Ben-Ezra & Katz foreclosure law firm this week. This is the second time in two weeks that Ben-Ezra — which was...
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