OUR MARKET

ALOHA ALL,

WE ARE POSTING THE LATEST FIDELITY NATIONAL TITLE NEWSLETTER.  WE WISH ALL OF YOU A HAPPY AND SAFE HOLIDAY WEEKEND. 

As you read about other parts of the country note that Maui is experiencing a huge boom in sales.  We will post some additional information regarding what is projected for Maui’s economy in the next BLOG coming tomorrow. 

A HUI HOU!

THE HANSEN OHANA

 

 

 
Newsdesk | Volume 3 | Issue 246 | September 4, 2009


Top News
Fed minutes: Officials more hopeful in August – USA Today – – With the U.S. economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others, according to documents released Wednesday.
U.S. private job losses fall, factory orders rise – CNBC via MSN Money – – NEW YORK (Reuters) – The United States lost fewer private sector jobs in August than in July while companies planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.
Trying to get help frustrates homeowners – CNN – – The Obama administration’s Making Home Affordable program was designed to help homeowners like Mark Kollar and Angela Baca-Kollar keep their homes. When the recession hit, the Arizona couple’s income plummeted.
BofA, Wells plan to cash IOUs – Houston Business Journal – – Citi (NYSE: C), Bank of the West and Union Bank — along with some community banks and many credit unions — have been accepting their customers IOUs. But the state Treasurers office advises IOU holders to check with their bank or credit union on how
Wells Fargo plans to repay TARP money ‘shortly’ – Los Angeles Times – – No big bank wants to be the last one in the TARP pit.On Tuesday, as Bank of America Corp. was reported to be working on a plan to repay part of its federal capital injection under the Troubled Asset Relief Program
Market News
The First American Corporation Celebrates 120-Year Anniversary as it Prepares for – Reuters – – The First American Corporation Celebrates 120-Year Anniversary as it Prepares for Split Into Two Publicly Traded Companies – Separation of Financial Services Companies from Information Solutions Companies Will Enable Both to Grow and Prosper – SANTA
Survey: Mortgage Rates Fall to 5.15%, FHA Market Share Rises – Wall Street Journal Online – – Mortgage rates fell last week to 5.15% from 5.24% the week before, moving closer to the record lows seen earlier this year. Still, mortgage activity was off last week
Week-to-week mortgage applications fall 2.2%: MBA – MarketWatch – – CHICAGO (MarketWatch) — Mortgage applications filed last week decreased a seasonally adjusted 2.2% compared with the week before, even though mortgage rates improved somewhat, the Mortgage Bankers Association reported on Wednesday.
New home sales blast past expectations – CNN Money – – More people are buying: Sales of new homes hit their highest level since last September. NEW YORK (CNNMoney.com) — Sales of newly constructed homes leaped unexpectedly in July to hit their highest level since last September.
Pending US Home Sales Soar to a Two-Year High in July – CNBC – – Pending sales of previously owned U.S. homes raced to a two-year high in July, a real estate trade group said Tuesday, giving more evidence that a recovery in the housing market was under way.
Technology News
Zillow.com(R) and the Seattlepi.com Launch Co-Branded Real Estate Web Site – Biz Journals – – SEATTLE, Sept. 1 /PRNewswire/ — Real estate Web site Zillow.com and leading news and information destination, seattlepi.
Google says routine upgrades to blame for Gmail outage – Computer Weekly – – Google is blaming load miscalculations during routing server upgrades for the widespread failure of its email service Gmail for almost two hours last night. Millions of users of the free Gmail and paid for business version of the service were faced with
and cafes.
For more information about Newsdesk please visit www.productcenter.fntg.com or email Newsdesk@fnf.com

 

 

 

Top News
Fed minutes: Officials more hopeful in August – USA Today – – With the U.S. economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others, according to documents released Wednesday.
U.S. private job losses fall, factory orders rise – CNBC via MSN Money – – NEW YORK (Reuters) – The United States lost fewer private sector jobs in August than in July while companies planned fewer layoffs, suggesting modest improvement in the beleaguered U.S. labor market.
Trying to get help frustrates homeowners – CNN – – The Obama administration’s Making Home Affordable program was designed to help homeowners like Mark Kollar and Angela Baca-Kollar keep their homes. When the recession hit, the Arizona couple’s income plummeted.
BofA, Wells plan to cash IOUs – Houston Business Journal – – Citi (NYSE: C), Bank of the West and Union Bank — along with some community banks and many credit unions — have been accepting their customers IOUs. But the state Treasurers office advises IOU holders to check with their bank or credit union on how
Wells Fargo plans to repay TARP money ‘shortly’ – Los Angeles Times – – No big bank wants to be the last one in the TARP pit.On Tuesday, as Bank of America Corp. was reported to be working on a plan to repay part of its federal capital injection under the Troubled Asset Relief Program
Market News
The First American Corporation Celebrates 120-Year Anniversary as it Prepares for – Reuters – – The First American Corporation Celebrates 120-Year Anniversary as it Prepares for Split Into Two Publicly Traded Companies – Separation of Financial Services Companies from Information Solutions Companies Will Enable Both to Grow and Prosper – SANTA
Survey: Mortgage Rates Fall to 5.15%, FHA Market Share Rises – Wall Street Journal Online – – Mortgage rates fell last week to 5.15% from 5.24% the week before, moving closer to the record lows seen earlier this year. Still, mortgage activity was off last week
Week-to-week mortgage applications fall 2.2%: MBA – MarketWatch – – CHICAGO (MarketWatch) — Mortgage applications filed last week decreased a seasonally adjusted 2.2% compared with the week before, even though mortgage rates improved somewhat, the Mortgage Bankers Association reported on Wednesday.
New home sales blast past expectations – CNN Money – – More people are buying: Sales of new homes hit their highest level since last September. NEW YORK (CNNMoney.com) — Sales of newly constructed homes leaped unexpectedly in July to hit their highest level since last September.
Pending US Home Sales Soar to a Two-Year High in July – CNBC – – Pending sales of previously owned U.S. homes raced to a two-year high in July, a real estate trade group said Tuesday, giving more evidence that a recovery in the housing market was under way. 
Technology News
Zillow.com(R) and the Seattlepi.com Launch Co-Branded Real Estate Web Site – Biz Journals – – SEATTLE, Sept. 1 /PRNewswire/ — Real estate Web site Zillow.com and leading news and information destination, seattlepi.
Google says routine upgrades to blame for Gmail outage – Computer Weekly – – Google is blaming load miscalculations during routing server upgrades for the widespread failure of its email service Gmail for almost two hours last night. Millions of users of the free Gmail and paid for business version of the service were faced with
 
For more information about Newsdesk please visit www.productcenter.fntg.com or email Newsdesk@fnf.com

Newletter Post from Fidelity Title

Newsdesk | Volume 3 | Issue 245 | September 1, 2009


Top News
Home prices on the upswing – CNN Money
– – very important, but we also have high unemployment.’ And, he added, ‘the government has not yet handled the foreclosure problem.’ Increased bank repossessions could unleash of flood of new supply on the market, which could dampen prices. Plus, is al
Bank failure tally tops 84 – CNN Money – – Bank’s $383 million in deposits and will purchase ‘essentially all’ of its $452 million in assets, the FDIC said. In Minnesota, the eight branches of Mainstreet Bank of Forest Lake will be taken over by Stillwater-based Central Bank. Central will pay a
Market News
Real Estate Weekly: Renters want amenities they can wash and wear – MarketWatch – – cited as the most important apartment amenities for renters during the summer, according to the results. Read more real estate news in this week’s pages, including how to avoid foreclosure if you lose your job, what the latest FICO scoring model will
LPS` Real Estate and Living Media Network Expands – DSNews.com – – Lender Processing Services, Inc. (LPS) recently announced that Leading Real Estate Companies of the World, a global network of more than 600 premier real estate firms, is the first worldwide organization
F5 Helps The First American Corporation Enhance Virtualized Infrastructure and Improve Service… – Forbes.com – – and convenient access to enterprise applications. First American provides customers with online information in five primary industry segments: Title Insurance
Technology News
Google could be adding mortgage info soon – CNET News.com – – list of potential services that might soon appear on Google’s Web site. noticed a lawsuit pending between LendingTree, the online mortgage quote service, and a company called Mortech, which helps LendingTree run its site. The connection to Google is that
ForeclosureU Introduces New Web Based Software to Help Troubled Property Owners Obtain Mortgage… – Forbes.com – – to provide foreclosure solutions, LoanMod Creator was built to address the needs of property owners needing loan and mortgage modifications. To learn more about LoanMod Creator and view an online demonstration of the software visit www.
Other News
Wells Fargo/Wachovia Tops Commercial Servicers List – DSNews.com – – The Mortgage Bankers Association (MBA) recently released its midyear rankings of commercial and multifamily mortgage servicers. The top spot on the list is held by Wells Fargo/Wachovia Bank with $476.3 billion in master and primary servicing. PNC Real
Tax Breaks Beneficial for Buyers, Sellers and Owners – RIS Media – – homes were foreclosed may be able to exclude the mortgage debt that was forgiven in connection with the foreclosure. This provision applies to debt forgiven in calendar years 2007 through 2012, of up to $2 million is eligible for this exclusion ($1
Mortgage modifiers must be licensed under new Florida law – South Florida Sun-Sentinel – – Extract not available.
For more information about Newsdesk please visit www.productcenter.fntg.com or email Newsdesk@fnf.com

 

NEWSLETTER FROM FIDELITY NATIONAL TITLE

 
Newsdesk | Volume 3 | Issue 242 | August 20, 2009 


Top News
Economic Preview: Housing hits a bottom – MarketWatch – – builders are gradually becoming more hopeful, even though surveys show most builders are still very discouraged. The builders’ housing market index has risen in four of the past five months. Housing starts have increased in four of the past five months
Colonial’s failure could make mortgages more scarce – CNN Money – – to get. NEW YORK (CNNMoney.com) — The collapse of Colonial BancGroup poses another hazard to the still-shaky housing market: Mortgages could become even harder to get. The Southern regional bank, based in Montgomery, Ala., was the largest remaining
New Century Investigation Drags On in Silence – California Real Estate Journal – – Daily Journal Staff Writer In early 2007, the audit committee at New Century Financial Corp. convened in Irvine for what some would later describe as an ‘ugly’ meeting. Management at the subprime mortgage lending giant had quietly changed its accounting
Personal Bankruptcy Filings Rise 34 Percent – Washington Post – – Association of Consumer Bankruptcy Attorneys, said people had traditionally chosen to file for Chapter 13 to stave off foreclosure. But doing so does not decrease their monthly mortgage payments. Now that so many homeowners face higher interest rates and
BofA, Capital One See Defaults On Credit Cards Rise in July – CNBC – – Capital One Financial and Bank of America’s U.S. credit-card defaults and delinquencies rose in July, as more Americans lost jobs and struggled to pay their debts. The trend differs from American Express’ comments
Market News
Real Estate Weekly: Home sales inch up in second quarter – MarketWatch – – on borrowers who are underwater on their mortgages. While there have been some recent positive signs for the housing market, Humphries was quick to note that there are also lingering challenges to home-price stabilization in the months ahead. ‘Despite
Will The Real Fidelity Please Stand Up? – Inman – – corporate history. Thankfully several timelines made my job quite easy; here are my findings: It all started when Fidelity National Financial (FNF) acquired Chicago Title and Trust Co. in 2000. Finalized on March 20th, the acquisition set FNF up to host
Technology News
TomTom For iPhone Spells An End To Standalone GPS – PC World– – The new TomTom app that turns an iPhone into a spells the beginning of the GPS. Not everywhere, but at least on dashboards, where a smartphone can now do everything a GPS can do and cost less than
Other News
Homebuyers Hurry to Beat Deadline for $8,000 Tax Credit – CNBC – – at the highest rate in more than a quarter century, most economists agree. But various federal stimulus offers, mortgage rates that sank to record lows in April and pockets of economic strength make home buying more fathomable. Odete Gomes, a 30-year old
U.S. home builders’ confidence is highest since June 2008 – MarketWatch – – time in the past year, but most of them still think the market is poor, according to the housing market index released Monday by the National Association of Home Builders. The home builders’ index climbed to 18 in August from 17 in July. It’s the highest
For more information about Newsdesk please visit www.productcenter.fntg.com or email Newsdesk@fnf.com