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Why the LIBOR Scandal Affects Everyone 14 Aug 2012 | 07:44 am
LIBOR stands for the London Interbank Offered Rate, and it is charged by banks when they borrow from other banks. Various forms of fraud and collusion have come to be referred to as the LIBOR scandal....
Understanding Flood and Earthquake Insurance 14 Aug 2012 | 03:15 am
(TheNicheReport) — Most standard homeowners’ policies don’t protect you from floods or earthquakes. Although these types of natural disasters are rare, any homeowner living in a high-risk earthquake o...
Predatory Lending: Refinancing & Personal Guarantees 14 Aug 2012 | 01:32 am
(TheNicheReport) — After the mortgage meltdown in late 2007 and 2008, many small community banks suddenly found their commercial loan portfolio was under-collateralized. The better banks gave borrower...
Ex-Fannie Mae CEO Mudd Must Defend SEC Suit, Judge Rules 14 Aug 2012 | 12:16 am
(Business Week) — Former Fannie Mae (FNMA) Chief Executive Officer Daniel Mudd must face a lawsuit in which the U.S. Securities and Exchange Commission accuses him of misleading investors about the co...
The U.S. recovery may take longer than anticipated 13 Aug 2012 | 11:39 am
(TheNicheReport) — Encouraging reports from real estate analysts indicate an uptick of median home prices in many metropolitan areas, as well as a curtailing of foreclosures and even shortages of list...
Fredrik Eklund of BRAVO TV’s Million Dollar Listing NY 27 Jul 2012 | 03:23 am
Daring, dashing and cunning; Find out what it takes to sell a billion dollars in real estate (TheNicheReport) — Fredrik Eklund is our featured interview this month, and he doesn’t disappoint. He ...
Cognitive Options Group Expands Mortgage ComplianceServices to Credit Unions 27 Jul 2012 | 02:34 am
Durham, NC (July 24, 2012)– Cognitive Options Group, a national consulting firm specializing in mortgage complianceand loan due diligence reviews, announced it is now providing the firm’s operational ...
Rock Holdings’ Title Source Moving 1,500 Team Members to Downtown Detroit’s First National Building 27 Jul 2012 | 02:31 am
Rock Affiliated Companies to Have More Than 6,500 Team Members Working in Woodward’s Technology District at Campus Martius DETROIT, July 25, 2012 – Downtown Detroit’s First National Building became h...
Strategic Default Not Best Option for Underwater Mortgages 27 Jul 2012 | 01:07 am
71 Percent of Surveyed Economists Would Not Strategically Default, According to June 2012 Zillow Home Price Expectations Survey SEATTLE, July 26, 2012 /Zillow/ – If faced with a deeply underwater mor...
HUD Issues Final Ruyle Aimed at Preserving Public, other HUD-Assisted Housing 27 Jul 2012 | 01:03 am
Rental Assistance Demonstration to preserve tens of thousands of public, HUD-assisted housing units (HUD) – With the publication of the Rental Assistance Demonstration (RAD) final rules in today’s Fe...