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In an unprecedented program, one of the nation’s largest mortgage investors is reaching around its servicers and engaging with Realtors directly in an effort to get more short sales closed. Traditionally, investors are neither seen nor heard in the short sale transaction. Through Fannie’s new Short Sale Assistance Desk, a direct connection between the investor [...]
Special Industry Broadcast Fannie Mae takes major steps to improve the short sale approval process for agents! Thursday, June 23 at 4:00 pm EDT With the recent launch of the Fannie Mae Short Sale Assistance Desk, agents now have a new resource to resolve issues that are slowing down – or stopping – their Fannie [...]
You probably already know that rentership is on the rise (and if you don’t, read this), but did you know that in more than 500 American cities, the percentage of homes for rent versus owner-occupied has increased? The question is: Is your city one of them? Some people look at this situation with pessimism. For [...]
The median income last year for real estate professionals associated with NAR has fallen to $34,100. That’s down 4.5% from 2009, according to a recent report by the National Association of Realtors. It’s enough to make one nostalgic for the golden years of the housing boom. Thousands of people gave up their day jobs to [...]
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