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Default Servicing News (DS News)

DS News Webcast: Monday 10/20/2014

The Consumer Financial Protection Bureau on Monday announced the finalization of a rule proposed in May that would allow companies that limit consumer data-sharing to post privacy notices online instead of delivering them individually. Financial institutions can now post privacy notices online under the new CFPB rule instead of sending paper copies if they meet ...

The post DS News Webcast: Monday 10/20/2014 appeared first on DSNews.

FHFA Director Watt Wants to Expand Credit Availability, Manage Risk to GSEs

The Federal Housing Finance Administration (FHFA) is working to expand availability for mortgage credit in an attempt to give the housing market a lift, and is also working on ways to mitigate risk to GSEs Fannie Mae and Freddie Mac, FHFA director Mel Watt said in a speech delivered on Monday.

The post FHFA Director Watt Wants to Expand Credit Availability, Manage Risk to GSEs appeared first on DSNews.

Maryland Charter Bank Shuts Down

Chartered as a national bank in 1880, NBRS converted to a Maryland charter in 2002. Following the financial crisis of last decade, the bank took years of losses from non-performing assets and was never able to find enough capital to return to sound condition, said Acting Commissioner Gordon Cooley of the state's financial regulation office.

The post Maryland Charter Bank Shuts Down appeared first on DSNews.

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Blog Posts

The Power of a Comparative Market Analysis When Selling Your Home

Posted by Michael Collins, CDPE, SFR, BPOR on October 2, 2014 at 4:08pm 0 Comments

The Power of a Comparative Market Analysis When Selling Your Home

Most of the general public has access to various price lists when trying to sell an object. Online automobile databases offer average prices for used cars, auction sites can list recent sale of various electronics and even boats have a value listing guide. However, when selling a home it is better to get a comparative market analysis (CMA) from a local real estate agent or Realtor®. Here are some of the…

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An Ounce of Prevention is ALWAYS worth a pound of cure!!!

Posted by Vanessa Calhoun on October 1, 2014 at 10:31am 0 Comments

It's no secret that our current real estate market in Newnan is fast and furious....even now, during the "slow" months, properly priced homes are selling at record pace. Now...given this information, it's important that Buyer agents are diligent in representing their client's interest to the fullest.

 

Here's the scenario....

 

I have an absolutely…

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Wisconsin August 2014 Housing Statistics

Posted by Michael Collins, CDPE, SFR, BPOR on September 25, 2014 at 11:59am 0 Comments

The Wisconsin housing statistics are in for August of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home…

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Beautiful Two Story Traditional In the Heart of Tyrone W/ Full Basement For Only $249,900!!!!

Posted by Vanessa Calhoun on September 22, 2014 at 9:53pm 0 Comments



$249,900, 4Bd/2.5Ba Single Family House, 2234 sqft.…


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Either Love It or Leave It......Just Don't Lowball It!!!

Posted by Vanessa Calhoun on September 22, 2014 at 12:28pm 0 Comments

The concept seems pretty simple.....in theory. You're in the market for a home, find one that you ABSOLUTELY fall in love with, and make every attempt in the world to try to get it for as little as humanly possible by submitting an offer considerably less than the list price and its market value.

 

Here's the reality...

1) Unless you're dealing with an Institutional Seller (Banks, Credit Unions, Investors, Etc) and the person on the other end is just some number cruncher…

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What does a real estate agent do to sell a home?

Posted by Michael Collins, CDPE, SFR, BPOR on September 5, 2014 at 2:00pm 0 Comments

What do Real Estate Agents do to Sell a Home?

Outside of the legal and medical professions, most industries are filled with people that work their tails off without the general public understanding their line of work. This is quite common for people that work in the real estate industry. Here are some of the many things that an agent does to sell a home for a new listing.

Extensive Photos…

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Michael Collins, CDPE, SFR, BPOR posted a blog post

The Power of a Comparative Market Analysis When Selling Your Home

The Power of a Comparative Market Analysis When Selling Your HomeMost of the general public has access to various price lists when trying to sell an object. Online automobile databases offer average prices for used cars, auction sites can list…See More
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