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