Sengdao Vongruksukdi's Blog

ATLANTA-Concerns about the volatility in the marketplace led the people behind the VantageScore algorithm to develop its newest model, the head of VantageScore Solutions said in an interview during the Mortgage Bankers Association's annual convention here. VantageScore 2.0 takes advantage of the ...

The pattern continues. Two more corroborating  releases issued this week from franchisors; Zip Realty announced they were closing out of many major markets, instituting referral marketing in another large marketing area, and ‘changing their focus to the experienced agent.' As you may know, Zip pr...

NEW YORK (CNNMoney) -- You've heard of McMansions, but what about Frankenhouses? These are homes that have been "renovated" to feature things like pipes running through living rooms, bedrooms strung together like garlic cloves, and fluorescent floors. It's scary what people do to their homes. Hom...

THIS JUST IN: April 1 is getting closer and mortgage brokers - and their trade reps -- are getting desperate, urging the Federal Reserve Board to delay the effective date of its LO compensation rule. The common compliant of the National Association of Mortgage Brokers and Mortgage Bankers Associa...

Most Americans are likely to cringe at the thought of accelerating the pace of foreclosures. Steep drops in home prices and property values, along with uncertainty about the exact number of homes in foreclosure, continue to stifle consumer confidence. Still, U.S. housing leaders are tasked with i...

A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term. That's according to the results of a National Association of Realtors® survey of 3,793 adults conducted online by Harris Interactive. The American Attitudes About Homeow...

Going forward, this year and most probably the next, the market is expected to go through a cathartic jump in foreclosure filings mostly due to "unexpectedly mixed" activity during the last quarter of 2010.RealtyTrac's Year End 2010 U.S. Foreclosure Market Report shows a record 2.9 million proper...

Remodeling may seem passé as the mortgage market and the economy at large strive to recover from the crisis, but research findings along with insider's expectations show it is anything but. Far from a stagnant activity it is "poised for growth."That is the main finding of the latest report by the...

Mortgage servicers that provide troubled borrowers with a 'single point of contact' to help them through loan modifications and workouts avoid costly delays and customer confusion, according to a Fannie Mae executive. "We have seen the single point of contact model work," said Fannie senior vice ...

NCUA told a federal court that it will add new charges against directors and officers of WesCorp FCU, even as its efforts to hold leaders of the corporate credit union accountable for the failure of the $34 billion corporate may be slipping away. NCUA said members of WesCorp's budget and asset/li...