Fannie Mae outsourcing scandal. Fannie Mae is outsourcing U.S. loss mitigation jobs to India! Entire companies are being shut down here because apparently the “government sponsored entity”, Fannie Mae is getting a better deal elsewhere. Leave your comment below if you have any knowledge about this and if you think this policy deserves media attention! [...]
If you are investing in real estate in the Dallas Fort Worth area, you might be delighted to know that Zillow has called the bottom of the market in this area. In a release from April 2012, the real estate tracking service determined that Dallas, along with Boston, Denver, Miami, Orlando, Philadelphia, Phoenix, Pittsburgh, St. [...]
The latest update of the Case Shiller Index leaves analysts guessing about the future trend of real estate markets, and the doors wide open to media reports and industry propaganda that continue to pick-and-choose according to agenda. Here is a collection of today’s headlines (emphasis added): Home prices flat in March: Case-Shiller (Market Watch) Home [...]
The number of completed foreclosures is down both nationwide and within the state of Texas. Real estate tracking service CoreLogic reports that the nationwide numbers for March 2012 were down 19% compared to the same month a year earlier. As foreclosure inventory is decreasing as well, analysts believe that more defaulted mortgage cases are solved [...]
Foreclosure activity in April 2012 has reached it’s lowest level since July 2007. According to this report by real estate research firm RealtyTrac, 188,780 U.S. properties where in foreclosure that month. According to Brandon Moore, CEO of RealtyTrac, “Rising foreclosure activity in many state and local markets in April was masked at the national level [...]
