ARCHIVED BLOG POSTS
2010
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(3) - Dec
REO selling agents for Fannie Mae and Freddie Mac have been given the go ahead to restart transactions that had been suspended due to potential problems with the legal paperwork, known as the "Robo-signer" scandal. The GSEs were forced to temporarily halt the sale of certain properties two months...
11/30/2010
REO selling agents for Fannie Mae and Freddie Mac have been given the go ahead to restart transactions that had been suspended due to potential problems with the legal paperwork, known as the "Robo-signer" scandal. The GSEs were forced to temporarily halt the sale of certain properties two month...
11/30/2010
Home sales are down in October from 2009 for most of the country. Most areas of Florida also saw decreases in home sales. A number of reasons were cited, including the boost in 2009 from the home buyer tax credit, and new stricter mortgage lending guidelines. Interestingly, nationwide 29% of home...
11/29/2010
According to a recent article, the number of REO/bank forclosures on the market could increase by as many as 4 million in the next 24 months. Much of this is attributed to the "shadow inventory", foreclosed properties the banks have yet to put on the market and homes they have yet to foreclose on...
11/24/2010
Rainer
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15,803
Rodney Forbes
Palm Beach County Waterfront Specialist