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Mortgage Rates Ease Back a Little This Week
McLean, VA - December 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its (PMMS®), which found that both fixed-rate mortgage rates eased slightly this week. The 5-year hybrid ARM dropped back slightly, but the 1-year ARM rates were up
Freddie Mac Issues Monthly Volume Summary for November 2010
McLean, VA - December 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for November 2010. The summary, available on the company's Web site at, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management and delinquencies, including data on seriously delinquent mortgage loans in related mortgage Participation Certificate (PC) pools.
Susan Alt Sentenced to Nine Years in Prison for 14.7 Million Dollar Mortgage Fraud...
CLEVELAND, OH - December 20, 2010 - (RealEstateRama) -- Cuyahoga County Prosecutor Bill Mason and the Cuyahoga County Mortgage Fraud Task Force operating under authorization of Ohio Attorney General Richard Cordray and Ohio’s Organized Crime Investigations Commission announced that Susan Alt was sentenced to nine years in prison and ordered 2 million dollars in forfeiture
Bankrate: Mortgage Rates Rise Significantly
NEW YORK, N.Y. - December 20, 2010 - (RealEstateRama) -- Mortgage rates increased again this week, with the average conforming 30-year fixed mortgage rate now 4.62 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points.
Freddie Mac Extends Foreclosure Protection for Service Members Through 2011
McLean, VA - December 20, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today instructed its servicers to delay initiating foreclosure for at least nine months for financially troubled service members who are released from active duty through the end of 2011 and have Freddie Mac-owned mortgages. Freddie Mac is one of the nation’s largest investors in conforming, conventional mortgages
MRG Document Technologies Prepares Mortgage Documents for 2011 Regulations
DALLAS, TX - December 17, 2010 - (RealEstateRama) -- MRG Document Technologies (MRG), a provider of mortgage document preparation software and compliance technology to banks, credit unions and other lenders nationwide, has developed the forms needed for compliance with upcoming 2011 regulations that mandate changes to both the Truth in Lending Act (TILA) and risk-based pricing disclosures. Both updates are meant to provide consumer clarification in regards to loan decisioning and final terms.
Agents: Don’t Let Your Funny Bone Go Into Foreclosure
Atlanta, GA - December 17, 2010 - (RealEstateRama) -- Realtors,it’s been a tough year. Don’t let your funny bone go into foreclosure. Why notend the year on a positive note? Have a few laughs and save money at the sametime. Work Like A Dog Books has temporarily created short salepricing on its popular real estate book, AllIn A Day’s Work for Real Estate Agents—Humorous & Heartwarming Stories.The Next Generation Indie Book Awards humor/comedy category finalist featuresmore than 100 funny, crazy, bizarre or touching stories of real-life thingsthat happened to agents in the line of duty. Agents from 44 states have their“war” stories included in the book
Bankrate: Mortgage Rates Hit 5%
NEW YORK, N.Y. - December 16, 2010 - (RealEstateRama) -- Mortgage rates soared again this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate rising to 5 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.
Mortgage Rates Continue to Climb
McLean, VA - December 16, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that both fixed- and short-term mortgage rates continued to rise this week. This was the fifth week in a row where fixed-rate mortgage rates were up
Steve Travers of Kentwood Real Estate Contributes to 2011 Colorado Business Economic Outlook
REENWOOD VILLAGE, CO - December 16, 2010 - (RealEstateRama) -- Steve Travers, a top-producing real estate professional with Kentwood Real Estate’s Denver Tech Center office, was a contributor to the 46th Annual Colorado Business Economic Outlook just released by the University of Colorado’s Leeds School of Business. Travers was invited to assist with the 2011 report’s residential real estate section due primarily to his diverse business background and comprehensive knowledge of the real estate industry in Colorado
Freddie Mac Will Not Issue a Reference Notes® Security on December 15, 2010
McLean, VA - December 15, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it will not issue a Reference Notes® security on December 15, 2010. The company’s 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securiti
Denver B-cycle Announces Partnership with Kentwood City Properties
DENVER, CO - December 14, 2010 - (RealEstateRama) -- Denver B-cycle today announced its partnership with Kentwood City Properties. In addition to branded B-cycles and annual memberships for employees, Kentwood City Properties will also have the capabilities to utilize B-cycles when showing property, a convenient option to get to downtown properties. Kentwood City Properties’ sponsorship support of Denver B-cycle arrives as the bike sharing system closes down for the winter in its inaugural season. Denver B-cycle reopens March 2011.
Survey Shows Split in Real Estate over 2011
WASHINGTON, D.C. - December 14, 2010 - (RealEstateRama) -- The New Year will ring in better times in the U.S. real estate market, according to one out of three people surveyed. The opinion poll found that the majority of respondents, however, aren’t so enthused about real estate when it comes to the calendar advancing to 2011
Peterson Companies and The Bozzuto Group Announce Partnership to Bring First Apartment Development to...
WASHINGTON, Dec. 13, 2010 /PRNewswire/ -- The Peterson Companies and The Bozzuto Group, two D.C. area-based and family-owned development companies, announced today a joint venture that will bring the first apartment community to National Harbor
Clear Capital™Reports Third Straight Month of U.S. Home Price Declines
TRUCKEE, CA - December 13, 2010 - (RealEstateRama) -- Clear Capital www.clearcapital.comreleased its monthly Home Data Index™ (HDI) Market Report, providing the most current (through November 2010) and granular analysis of how local markets performed compared to the national downward trend in home prices
Denver home search made easy with IDX enabled real estate website and search function
EUGENE, OR - December 10, 2010 - (RealEstateRama) -- A custom IDX solution is now available on the Denver, Colorado real estate website of Carl Borrmann. Thanks in part to the revolutionary IDX, Inc. technology, thousands of Metrolist Denver MLS (MTOMLS) listings are seamlessly integrated onto the search page Borrmann represents. With IDX Broker software, Borrmann can utilize a dynamic set of search functions online, in an effort to supply his clients with a comprehensive and complete property search conveniently on his website.
Go for it! at THE PRO EXPO Presented by Pella(SM) event
PELLA, IA - December 10, 2010 - (RealEstateRama) -- As builders, remodelers, contractors, architects and students prepare for a new year – predicted to be challenging for the housing industry – Pella Corporation wants to help them "Go for it!"
Luxury Real Estate Announces Partnership with Luxury Financial Solutions
SEATTLE, WA - December 10, 2010 - (RealEstateRama) -- Luxury Real Estate announced today its expansion with Richard Provost of Luxury Financial Solutions. Having begun his career in the mortgage industry, Provost continued onward to provide financing for Resorts such as the Ritz-Carlton and Trump Tower.
U.S. INDUSTRIAL REAL ESTATE AVAILABILITY RATE EXPECTED TO DROP TO 13.1% IN 2011
Boston, MA - December 9, 2010 - (RealEstateRama) -- The U.S. industrial real estate sector’s national availability1 rate is expected to fall to 13.1% in 2011, down from 14.0% in the third quarter of 2010, according to new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the industrial availability rate is expected to continue declining during 2012, ending the year at 11.8%. The national industrial availability rate peaked at 14.1% in 2Q 2010.
Lori Ebeling and Coldwell Banker Residential Brokerage Selected to Represent The Estates at Point...
La Quinta, CA - December 9, 2010 - (RealEstateRama) -- Coldwell Banker Residential Brokerage in La Quinta and Lori Ebeling have been selected to represent the Estates at the historic Point Happy Ranch. Coldwell Banker Residential Brokerage agent Lori Ebeling consistently ranks among the top NRT agents nationwide, and was chosen by the new owners of Point Happy Estates as the listing agent for the sales and marketing of the15 estate homes.