Sengdao Vongruksukdi's Blog

Tokyo (CNN) -- The most powerful earthquake to hit Japan in at least 100 years struck offshore the island nation on Friday, collapsing buildings, touching off widespread fires and unleashing walls of water up to 30 feet high. The waves swept across rice fields, engulfed towns, dragged houses onto...

When the National Association of Independent Housing Professionals sued the Federal Reserve on Monday, the trade group kept it "all business" by naming the agency only. But not the National Association of Mortgage Brokers. In its lawsuit seeking to derail the coming loan officer compensation rule...

I was walking home from school when Gary, a kid from my third grade class, fell in beside me and started chatting. I'd never spoken with him before, and I had no idea why he was talking to me, but I enjoyed it. Here was someone, who I did not know, who was interested in me; it was a new experienc...

There is a new resource for consumers to turn to when they are seeking information about how credit scores work. The website www.creditscorequiz.org is a joint project of the Consumer Federation of America and VantageScore Solutions Inc. The online quiz is the outgrowth of a joint survey the two ...

Field Asset Services, a provider of field services including property preservation, maintenance and repair in the REO industry, is offering banks new inspections services to improve quality and performance for their REO properties. The new services will combine trained inspectors with several yea...

Every few years we see some analyst/advisor issue a report that says M&A deals are usually a waste of time and are rarely worth the money spent on them. Boy oh boy, does that ever apply to Bank of America and its purchases of both Countrywide Financial Corp. (the house that Angelo built), and Mer...

Advertising practices in the reverse mortgage segment have dodged one form of scrutiny as the Federal Reserve Board pulled its proposed rulemaking in this area. But that is only temporary, as it said it will leave the task for the new Consumer Financial Protection Bureau. Reverse mortgage ads hav...

The only thing we hear at this point is that Fannie executives like the idea of a flat "fee for service" payment to mortgage bankers, while Freddie is (sort of ) saying, "Let's stop and think about this some more." Both, of course, will have to run it past their dad over at the Federal Housing Fi...

"Children want to feel instinctively that their father is behind them as solid as a mountain, but, like a mountain, is something to look up to." ~ Dorothy Thompson This article isn't really about real estate...but it is. It's kind of a second eulogy to my Dad but it's also a lesson for all of us ...

 That seemingly innocent phone call from an attorney that many real estate agents can expect to get at some point in their career is not always the simple matter it might seem at first glance. Even if the matter the attorney is calling about appears not to directly affect you or your firm, your r...