Sengdao Vongruksukdi's Blog

Newport Beach, CA --Homeowners struggling with their mortgages and desperately trying to avoid foreclosures can expect more customer assistance from their lenders as major lending institutions heed calls from Congress to improve their service. Last week, the L.A. Times reported that Bank of Ameri...

 It is that time of year again where everyone is wondering: What will happen with the real estate market in 2011? Many predictions are being thrown about but smart buyers and sellers need to consider the sources of these predictions before taking them too seriously. It never ceases to amaze me ho...

Newport Beach, CA --The growth in employment, no matter how slight, will spur the demand for apartment living in the multi-family real-estate segment.  In turn, investments in the apartment sector of the commercial property market will heat up in the coming year, industry analysts reportedly say ...

Newport Beach, CA --It seems like the once high-flying commercial property investment unit of Morgan Stanley has come down to earth.  This major investor has developed a less aggressive strategy than the one it adopted during the real-estate boom when it went on a spending spree with billions of ...

Newport Beach, CA --Fannie Mae and Freddie Mac announced yesterday that owners of foreclosed homes will not be evicted during the period from December 20 to January 3 even though the government lending agencies have not formally released the news. Between the two of them, Washington-based Fannie ...

Newport Beach, CA --With the economy showing modest signs of recovery, mortgage rates are also starting to bounce back from the lowest they've ever been for more than three decades. The average rate for 30-year fixed mortgages has risen to 4.46% from 4.40% a week ago, cited the government lending...

Newport Beach, CA --Real-estate appraisers pay attention.  An updated version of the "Interagency Appraisal and Evaluation Guidelines" was published Thursday, jointly by the National Association of Federal Credit Union (NCUA) and the government offices of the Federal Reserve Board, FDIC, Office o...

Newport Beeach, CA -- Mortgage-backed securities holders are pushing for a resolution of a 50-state probe of foreclosure practices, attorneys general in Iowa and Arizona said as talks with lenders and servicers expand to include investors. "The mortgage backed securities are worth pennies on the ...

After falling dramatically in October, the rate of commercial delinquencies went back on an upward trend in November, according to figures published in the Wall Street Journal, supplied by commercial mortgage information source, Trepp LLC.  Fresh data showed that last month as much as $60.3 billi...

Newport Beach , CA --Recommendations submitted by the White House bi-partisan deficit reduction commission included a proposal to lower mortgage interest deductions for the middle-class. At a press conference yesterday, Democrat Erskin Bowles and Republic Alan Simpson, revealed that the mortgage ...