Sengdao Vongruksukdi's Blog

Question: I am having a hard time getting repeat business from real estate agents and builders. My loans take too long and my customers are very unhappy with me. I want to build my repeat referral business with agents and builders, but they are not willing to give me another try. What can I do to...

A former Rhode Island state senator and North Providence real estate attorney has been sentenced to 27 months in federal prison for bank fraud. Christopher Maselli pleaded guilty in U.S. District Court in Providence last November to eight counts of bank fraud admitting that he falsified bank and ...

Alarmed by significant deficiencies uncovered as part of a regulatory review of residential servicing practices, federal banking agencies are preparing formal enforcement actions against the largest players in the receivables market that they hope will set de facto standards across the industry, ...

The national residential delinquency rate fell by 10% in the fourth quarter to 8.22%, the lowest reading in two years, according to figures released Thursday morning by the Mortgage Bankers Association. But although late payments showed a strong improvement on a sequential basis, residential fore...

I knew that I could count on Ben Bernanke and the other Fed governors to let us down. In spite of a slow recovery and continued high unemployment, Bernanke and the other voting members of the Federal Open Market Committee unanimously decided to stay the course and continue buying treasuries. The ...

In a community protected by Tinkerbell's fairy dust, Mickey Mouse's happy and smiling face and magical snow falling on 80 degree December nights, the depredation of our nation's foreclosure epidemic continues  to destroy lives and prove that no one or no place is protected.      Imagine Utopia.  ...

The day has finally come when a California appeals court with 3 ruling judges  found U.S. Bank guilty of making false promises to a loan customer, Claudia Aceves.  Banks have upheld the theory that oral promises are not binding in the past.  However, this recent ruling may have far stretching eff...

Interesting research from PEW Local Trends that goes into great detail about Strategic Defaults.. What will be surprising to many is the dramatic increase in the number of homeowners willing to walk away from their underwater home. Just 3 years ago when we started reporting on this phenomena simi...

Agents, the next time you think you have difficult to sell listing...remember this story from the New York Times. This mansion is well known to locals due to the ...gangs who occasionally take up residence...ghosts who haunt...aliens who use the ground to land their space crafts...as an indian bu...

That is the trillion dollar question. According to Case-Shiller home values will continue to fall well into 2012. Here are the top 15...biggest losers: #15 Prescott, Ariz. Forecast change 2010:Q2 to 2012:Q2: -14.3%Forecast change from peak to 2012:Q2: -49.9%Median home price today: $170,000Median...