According to the NAtional Association of Realtors, after four months of gains homes sales fell in August but still remain slightly above one year ago. Read article here
Monthly Archives:: September 2009
Could Banks Bail Out FDIC?
Big banks have been approched about loaning billions to the FDIC fund.Read article here.
Foreclosure prevention plan won’t help ARM resets
At a meeting held on mortgage fraud this Thursday, two state attornery generals recommended immediate improvements to the government’s current foreclosure prevention initiatives due to the onslaught of impending ARM resets. Read the artcle here
WATCH OUT FOR SCAMS!!!
Due to some recent events in the news and some fraudulent ads we have recently uncovered in Craigslist, the following is a blog post to remind us all to be very careful during these turbulent times in the real estate market. Read blog here
Wells Fargo Accused of Home Loan Fraud
A new class action lawsuit alleges Wells Fargo fraudulently suspended and reduced limits on home equity lines of credit. Read the article here
Wells Fargo Home Mortgage performs well on servicer ratings
Wells Fargo Home Mortgage performs well on servicer ratings. The positive ratings are a result of experienced management, technological advancements, quality control, internal procedures and increases in staff and training. Read article here.