We're having a all-hands meeting on Thursday, April 22 from 6:30 PM - 9:30 PM at the Applied Education Offices to discuss the ins and outs of HAFA, what the financial incentives are for sellers, and what the new requirements are for borrowers and lenders.
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Fannie Mae reported on Tuesday that in Q4 2009, the serious delinquency rate for conventional single-family mortgages rose 26 basis points to 4.98 percent. A year earlier, the rate was 1.89 percent. According to the Reuters report, the multifamily serious delinquency rate dipped 1 basis point ...
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Bloomberg reports that with 3.9 million notices sent to homeowners in default in 2009, The U.S. has set a record for the second straight year. Foreclosure filings exceeded 300,000 for the ninth straight month in November.
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Mortgage loan delinquency rose for the 11th straight quarter in Q309, according to market research by credit bureau TransUnion.
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The Wall Street Journal reports that a growing percentage of foreclosures in June came from the top tier of the local housing market.
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Applied Education, the premiere real estate investor education company serving the greater New York metropolitan area, is pleased to announce the launch of its new interactive Web site. The new site kicks-off an exciting fall schedule of core and advanced classes, as well as several complimentary seminars to be held throughout the region.
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New home sales rose sharply in the Northeast in June over May, thanks in part to buyers hoping to move fast enough to take advantage of a federal tax credit.
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