Buy this super-green California home, get a free Tesla

Posted November 30, 2015 / No comments

Over the years, we’ve seen some creative efforts when it comes to trying to sell a home. About this time last year, the owner of a 16,000-square-foot mansion in Dallas offered up a free 2015 Bentley to the real estate agent or Realtor who secured a buyer for their home – in addition to their

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Buy this super-green California home, get a free Tesla

Posted November 30, 2015 / No comments

Over the years, we’ve seen some creative efforts when it comes to trying to sell a home. About this time last year, the owner of a 16,000-square-foot mansion in Dallas offered up a free 2015 Bentley to the real estate agent or Realtor who secured a buyer for their home – in addition to their

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Fannie Mae: Mortgage Serious Delinquency rate declined slightly in October

Posted November 30, 2015 / No comments

Fannie Mae reported today that the Single-Family Serious Delinquency rate declined slightly in October to 1.58% from 1.59% in September. The serious delinquency rate is down from 1.92% in October 2014, and this is the lowest level since August 2008. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Note: These are

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Fannie Mae: Mortgage Serious Delinquency rate declined slightly in October

Posted November 30, 2015 / No comments

Fannie Mae reported today that the Single-Family Serious Delinquency rate declined slightly in October to 1.58% from 1.59% in September. The serious delinquency rate is down from 1.92% in October 2014, and this is the lowest level since August 2008. The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59%. Note: These are

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More confusion in the bond market

Posted November 30, 2015 / No comments

The Fed is again sending conflicting signals about what the future holds, and those who are trading bonds don’t quite know what to make of it….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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HUD watchdog issues warning on fraudulent, inflated reverse mortgage appraisals

Posted November 30, 2015 / No comments

In the run-up to the financial crisis, fraudulent appraisal schemes ran rampant in the housing industry, eventually leading to the complete overhaul of the property appraisal system and the rise of appraisal management companies. As it turns out, schemes like that have not been completely forced out of the industry. Source: Housing Wire

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HUD watchdog issues warning on fraudulent, inflated reverse mortgage appraisals

Posted November 30, 2015 / No comments

In the run-up to the financial crisis, fraudulent appraisal schemes ran rampant in the housing industry, eventually leading to the complete overhaul of the property appraisal system and the rise of appraisal management companies. As it turns out, schemes like that have not been completely forced out of the industry. Source: Housing Wire

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Restaurant Performance Index indicates faster expansion in October

Posted November 30, 2015 / No comments

Here is a minor indicator I follow from the National Restaurant Association: Restaurant Performance Index Rose in October Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October. The RPI – a monthly composite index that tracks the

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Restaurant Performance Index indicates faster expansion in October

Posted November 30, 2015 / No comments

Here is a minor indicator I follow from the National Restaurant Association: Restaurant Performance Index Rose in October Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October. The RPI – a monthly composite index that tracks the

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