Sengdao Vongruksukdi's Blog

I wonder if the MBA (mortgage Bankers Association) regrets inviting Sheila Bair, the FDIC Chairman to keynote at their annual servicing summit this week.  Bair, who has been criticized for the alleged mishandling of the FDIC IndyMac takeover, came out with a vengeance Wednesday in Washington D.C....

Good News. According to NEW YORK (CNNMoney) -- The number of Americans filing for initial unemployment benefits tumbled last week, the government reported Thursday, resuming a downward trend that could signal an improved job picture. There were 404,000 initial jobless claims filed in the week end...

THIS JUST IN: First off, what we've been hearing regarding a change to Fannie Mae, Freddie Mac and GNMA servicing fees is all preliminary. But rest assured, government proposals (if you can call them that) soon will be revealed. And which agency might do the revealing? Well, that's a different ma...

There was a time not long ago when the real estate community was a bit peeved, if not up in arms, about the perceived "unfair" competition of the budding franchises touting their "discount services," and there seemed to be a slew of such companies.Some of the firms were courting the Internet for ...

Good news for our Real Estate Realtors according to NEW YORK (CNNMoney) -- Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday. Previously-owned home sales climbed 12.3% in December to an annual rate of...

Housing starts fell to a new yearly low in December with builders breaking ground on just 417,000 single-family units annualized, according to new government figures released Wednesday morning. However, the apartment sector showed signs of life with multifamily starts coming in at 102,000 units a...

Financial concerns are paramount for homebuyers 55 years old and older, replacing design considerations, a study from the National Association of Home Builders and the MetLife Mature Market Institute found. Previous studies had found that these buyers had depended on the sale of their old home to...

Bank investors are getting hit with a wave of buyer's remorse. Finance stocks tumbled Tuesday after Citigroup (C) posted a weak fourth quarter and Comerica (CMA) agreed to purchase Sterling Bancshares (SBIB) in a push to expand its reach in fast-growing Texas. Citigroup tumbled 5% following the r...

Welcome to 2011! As has been true for the last several years, few areas in ethics or the law are changing as rapidly as those related to the use and maintenance of electronic documents. Case law is rapidly evolving and, even so, it still lags behind the ever-changing uses and abuses of electronic...

According to Laura Duggan.  In today's market it's a price war and a beauty contest. Home staging is more important now than ever because there is so much competition for the eye of a buyer. The house has to "wow" the buyer right from the beginning.  And, research shows that staged homes sell mor...