by Heather | Apr 29, 2013 | TSBOR, TSMLS
The Federal Housing Finance Agency (FHFA) recently directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to Dec. 31, 2015. The program was set to expire Dec. 31, 2013. In addition, FHFA will soon launch a nationwide...
by Heather | Apr 25, 2013 | TSBOR, TSMLS
Bank of America recently issued a new Short Sale Agent Update that revises certain short sale requirements for short sales involving non-government-sponsored enterprise loans in which the homeowner is eligible for HAFA. Key enhancements include: The Short Sale...
by Heather | Apr 24, 2013 | NAR, TSBOR, TSMLS
Freddie Mac is now offering a free, online CreditSmart® tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart® is a comprehensive,...
by Heather | Apr 23, 2013 | C.A.R., TSBOR, TSMLS
Commercials, radio spots, and banner ads for the 2013 C.A.R. consumer advertising campaign are now live! But if you haven’t seen the ads yet, don’t worry – California consumers are definitely watching. This year’s campaign will be seen or heard more than 86 million...
by Heather | Apr 22, 2013 | C.A.R., TSBOR, TSMLS
Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
by Heather | Apr 17, 2013 | C.A.R., NAR, TSBOR, TSMLS
In its quarterly survey of U.S. bank risk professionals, FICO found lenders more bullish on the housing recovery than at any point in three years, with 71 percent of respondents saying home prices are “rising at a sustainable pace” in the context of mortgage lending...
