Sengdao Vongruksukdi's Blog

New evidence is out from RealtyTrac (and CNBC) that the banks ARE sitting on homes that...in a normal world...would of been long since been sold as REOs. In other words, the ‘Shadow Inventory' is growing.... Nationwide the average defaulted owner is staying in their home, PAYMENT FREE for 400 day...

Good news college grads. As you and an estimated 1.6 million of your classmates graduate you'll be facing the best job market for entry-level positions since 2008. According to the National Association of Colleges and Employers (NACE), employers indicate they plan to hire 19.3 percent more gradua...

Perhaps, one day we will all look back at the past two years and say, "Boy, that was a great time to buy a house - prices were so low, and so were rates." Well, we know the rate part is correct, as for whether we've reached a bottom in home values, the jury is still out. We all keep seeing report...

Social networking sites have opened a whole new range of opportunities for ethical problems on the job. Inappropriate comments and disclosures are just a few easy keystrokes away and employees have become desensitized to the visibility, 'searchability' and longevity of their online words and imag...

The primary units that private equity group TPG Capital acquired from MacDonald, Dettwiler and Associates will be grouped together and run under the brand name DataQuick. The units formerly known as MDA Lending Solutions, MDA DataQuick and MDA MindBox will integrate into one entity, with former M...

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.46 percent, down from 4.53 percent at this same time last week. This is the lowest average rate reported on Zillow Mortgage Marketplace in 22 weeks. The 30-ye...

Short sales rose from 17% of all sales in Feb to 19.6% of all sales in March and continue to outpace REO's. This is good news for Realtors and homeowners and I take it as an indicator of a couple positive trends.  1. Buyers are more willing than ever to consider short sales as options for them to...

So, if you're wondering what is happening at the highest levels in the mortgage servicing world, here it is! The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to align their guidelines for servicing delinquent mortgages they own or guarantee.  According to the FHFA...

The debate over how (and if) servicing compensation should be changed continues to rage on - quietly, that is. Our sources tell us that Fannie Mae appears to be the one driving this truck with Freddie Mac and Ginnie Mae sitting in the back seat, shouting, "Slow down." In short, Freddie and Ginnie...

Strategy always gains from specificity. It's even more important to be specific when planning and conducting the implementation of the strategy. A key role of the strategic leader is to move from general assertions to specific expressions of intent and then on to the actual plan of implementation...