October 11, 2011

In This Issue

Mortgage Interest Deduction

MID: Witnesses Say No Cuts Now

National Flood Insurance Program

Congress Extends Flood Insurance until Nov. 18

Mortgage Interest Deduction

MID: Witnesses Say No Cuts Now

On October 6, 2011, the… Read More View full post on RSS feed for Items tagged ‘Washington Report’

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“Mega-Lenders” Lagging Smaller Ones in Processing Time

Posted To: MND NewsWire

Small and medium-sized lenders and community banks appear to be closing loans for refinancing faster than their “mega-lender” counterparts according to the Origination Insight Report for April released Wednesday by Ellie Mae. The company, which samples loan applications that are processed through its loan management software, reported that, “While the average refinance going through our platform took five days longer in April than in March, it still only took 47 days.” Ellie Mae contrasted this to a report from The Wall Street Journal which recently said that the largest retail lenders are now quoting timelines as long as 60 to 90 days for refinancing. Insight , which covers approximately 20 percent of U.S. loan originations, reported that the share of refinance applications actually dropped…(read more)

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View full post on Mortgage News Daily

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The Founder of TreeHugger and His Apartment of the Future

It may be that the house of the future is an apartment in a century-old tenement building on Sullivan Street.




View full post on NYT > Real Estate

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Biltmore Home Listings Now Available via LREP Mobile and MyAzHomeSales.com

Luxury Real Estate Partners today announced a partnership with Smarter Agent to provide Biltmore Home listings on smart phones and tablets. (PRWeb May 17, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9477833.htm View full post on real estate – Yahoo! News Search Results

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US foreclosure trends improved April, but state-level data point to more repossessions ahead

LOS ANGELES – National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process. View full post on pennsylvania foreclosures – Yahoo! News Search Results

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