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Industry News From REALTOR® Magazine

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Updated: 22 min 12 sec ago

California Sued for Diverting Housing Funds

Mon, 03/17/2014 - 00:00

Three home owner counseling organizations are accusing the state of California of diverting $369 million in funds to help struggling home owners...

CFPB Ready to Take on 'Zombies'

Mon, 03/17/2014 - 00:00

The Consumer Financial Protection Bureau is targeting "zombie" foreclosures, a growing problem where borrowers may unknowingly still own...

Senate Passes Flood Insurance Bill

Fri, 03/14/2014 - 00:00

The U.S. Senate voted 72-22 yesterday to approve the bipartisan Homeowner Flood Insurance Affordability Act that curtails flood insurance rate...

4 Million Renters Say They’re Eager to Buy

Fri, 03/14/2014 - 00:00

The dream of home ownership remains very much alive: 10 percent of U.S. renters say they want to buy a home in the next year, according to a new...

Justice Dept. Faulted in Mortgage Fraud Probes

Fri, 03/14/2014 - 00:00

A new report accuses the Department of Justice of overstating the success of its mortgage fraud program. 

A Fallout to the Refinancing Bubble?

Fri, 03/14/2014 - 00:00

Home owners who refinanced when fixed mortgage rates inched in record territory below 4 percent may be less likely to sell their homes as interest...

Mortgage Rates Take a Bump Up This Week

Fri, 03/14/2014 - 00:00

The 30-year fixed-rate mortgage edges up to a 4.37 percent average this week, Freddie Mac reports. 

RE/MAX Urges Buyers to 'Dream' in New Ad Campaign

Fri, 03/14/2014 - 00:00

RE/MAX will roll out a new marketing campaign March 17 that encourages home buyers to dream about their next home but check it with reality.

Major Home Warranty Acquisition OK'd

Thu, 03/13/2014 - 00:00

American Home Shield, the largest home warranty company in the nation, has been approved by regulators to acquire HSA Home Warranty.

Major Home Warranty Acquistion OK'd

Thu, 03/13/2014 - 00:00

American Home Shield, the largest home warranty company in the nation, has been approved by regulators to acquire HSA Home Warranty.

Free — and Legal — Embed for Getty Photos

Thu, 03/13/2014 - 00:00

Looking to spice up your website and blog with more photos? Getty Images, the world’s largest photo service, has opened the doors to its...

Why Mansions Become Meth Labs

Thu, 03/13/2014 - 00:00

Meth producers are more likely to choose vacant properties in high-end enclaves. Here's why.

Ex-Fannie Employee Accused of Soliciting Kickbacks

Thu, 03/13/2014 - 00:00

A former Fannie Mae employee allowed a real estate broker to "cherry-pick" prime foreclosure listings in return for 20 percent of the...

HAMP Borrowers Face Rate Increases

Thu, 03/13/2014 - 00:00

Home owners who got loan modifications through the federal government’s Home Affordable Modification Program can soon expect mortgage-rate...

Report: Despite Price Gains, Homes Still Undervalued

Thu, 03/13/2014 - 00:00

Home prices are undervalued relative to incomes, and "there is no need to fear a bubble for at least a few years to come, if at all,"...

Generational Differences Drive Housing Preferences?

Wed, 03/12/2014 - 00:00

Younger home buyers tend to view their home as a strong investment, more so than older buyers who tend to view their homes as a match to their...

Fannie, Freddie Restructuring Plan Unveiled

Wed, 03/12/2014 - 00:00

The Senate Banking Committee's plan preserves the federal backstop and encourages private capital.

Prescription Drug Addicts Target Open Houses

Wed, 03/12/2014 - 00:00

A coalition of real estate professionals and businesses in San Diego is trying to raise awareness about prescription drug abusers who prey on open...

Commercial Sales Post an 8% Boost

Wed, 03/12/2014 - 00:00

The commercial real estate market continues to rebound, with sales volume rising 8 percent in the fourth quarter compared to a year ago.

MBA: Rising Interest Rates Soften Loan Demand

Wed, 03/12/2014 - 00:00

Mortgage applications fell 2.1 percent on a seasonally adjusted basis compared to the prior week as interest rates were on the rise again.

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