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Newsdesk | Volume 3 | Issue 254 | October 6, 2009


Top News
Happy first birthday, TARP – CNN – Foreclosure help: Treasury said it will not get any money back from a foreclosure mitigation program called Making Home Affordable. Treasury has spent $22.3 billion so far and will eventually
Personal bankruptcies up 41 percent – MSNBC via MSN Money – – soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday. September filings totaled 124,790, the fourth-highest month –
3 more bank failures bring 2009 total to 98 – MarketWatch via Yahoo! – (HBAN 4.45, -0.02, -0.45%) has agreed to assume the failed bank’s deposits, the FDIC said. The FDIC said in a statement that the Warren Bank’s failure will cost the federal deposit-insurance fund $275 million. 
 
Market News
Real Estate Weekly: The foreclosure next door – MarketWatch – – t miss these top stories: This week, we published a story with the headline ‘How to find the foreclosure of your dreams.’ One reader comment: ‘Open your front door, lean out and look at your neighbor’s house. There, you found it.’ Indeed, in many markets
Fidelity Completes Merger With Metavante, Launches New Brand – Credit Union Times – – Information Services. FIS is now the largest provider of payments, core processing and online bill payments to credit unions with over 3000 credit unions using at least on of the company’s suite of services. “With the completion of this strategic
First American CoreLogic Introduces “2X” Fraud Prevention Guarantee – DSNews.com – – Enter your email to receive Daily Email Updates: First American CoreLogic, a member of The First American Corporation famil
U.S. Treasury set to finalize home “short sales” plan (Reuters) – Yahoo! News – – to do is move some of these foreclosures in the pipeline, and bring them to a resolution before (foreclosure) happens,’ said Lisa Marquis Jackson, a vice president at Irvine, California-based John Burns Real Estate Consulting. ’12 percent of these being y of companies headquartered in Santa Ana, Califo rnia, is now guaranteeing that its newly patented mortgage fraud technology will
Technology News
Tarasoft links MLSs in NorCal, SoCal – Inman – – be confused with efforts already under way to accomplish those goals. MRMLS is already a member of California Real Estate Technology Services (CARETS), a data aggregation service serving 30 Realtor associations and more than 100,000 members in Southern
4 Ways Real Estate Professionals Can Use Zillow.com – RIS Media – -Zillow is a media site, or a marketing platform that real estate professionals can utilize to connect with buyers, sellers, and each other. Each month more than 8 million users come to Zillow with one common interest, real estate. According to the
Other News
Most and Least Affordable Housing in the U.S. – BusinessWeek – – its gross income on housing. The housing costs were calculated using new and existing sales records supplied by First American Real Estate Solutions and include principal, interest, estimated property taxes, and insurance. It’s based on a 30-year
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