Charlotte REO Specialist – Nancy Braun

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Entries Tagged as 'Charlotte foreclosure homes'

HomePath Mortgage and HomePath Renovation Mortgage Enhancements

December 29th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News

The following is an announcement from Fannie Mae regarding new Homepath Mortgage & Renovation Mortgage Enhancements: HomePath Mortgage and HomePath Renovation Mortgage Enhancements “Based on lender feedback and REO market needs, we have enhanced both our HomePath Mortgage® and HomePath Renovation Mortgage®. Enhancements are effective for loans delivered on or after February 1, 2011. For [...]

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CoreLogic Estimates $11B Lost to Mortgage Fraud in 2010

December 29th, 2010 · No Comments · In the News

The research firm CoreLogic has released its official assessment of the monetary toll mortgage fraud has had on the industry in 2010. According to the CoreLogic Fraud Index, fraud losses for this year are estimated to be $11 billion. That figure is actually down from $14 billion in fraud losses during the 2009 calendar year [...]

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“For Sale By Owner” Not as Successful in 2010

December 20th, 2010 · No Comments · Charlotte Real Estate Investment

Homes sold without the help of a real estate professional dropped to a record low over the past year. According to the 2010 NAR Profile of Home Buyers and Sellers, unrepresented sellers made up only 11 percent of the market, down from 13 percent in 2009. Owners who sell their home without the help of [...]

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CDPE CEO Alex Charfen on CNBC Discusses Rising Interest Rates

December 16th, 2010 · No Comments · In the News

CNBC.com To speak with a Certified Distressed Property Expert, click here.

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New Regulatory Rule to Support Foreclosure-Ridden Neighborhoods (DSNews)

December 16th, 2010 · No Comments · Charlotte Foreclosures, In the News

The federal bank and thrift regulatory agencies on Wednesday announced changes to the Community Reinvestment Act (CRA) parameters in support of stabilizing communities affected by high foreclosure levels. The final rule was issued by the Federal Reserve, FDIC, Office of the Comptroller of the Currency, and the Office of Thrift Supervision, and it encourages depository [...]

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Interest Rate RoundUp, Mortgage Rates on the Rise

December 15th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, How to Find Foreclosures, In the News

The election is over and so is the need to keep interest rates artificially low. If we absorb the pain now, we’ll be less likely to remember it during the 2012 election. Don’t wait! Rates are rising! Interest Rate Roundup for Dec. 2, 2010 from Bankrate.com Mortgages 4.71% (30-year fixed) 0.36 (average points) Here’s a [...]

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Mortgage rates continue to rise

December 13th, 2010 · No Comments · Charlotte Real Estate Investment, In the News

Mortgage rates have continued their month-long climb, with long-term rates rising for the fourth consecutive week. A 30-year fixed-rate mortgage averaged 4.61 percent in the week ending Dec. 9, according to Freddie Mac (OTCBB:FMCC), up from 4.46 percent last week. A 15-year fixed-rate mortgage averaged 3.96 percent, up from 3.81 percent a week ago. The [...]

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First HUD Home Workshop: A SUCCESS!

December 9th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment

Yesterday evening, December 8, 2010, Showcase Realty held the first of monthly workshops to inform the local agents and community about buying and selling distressed properties. The workshop was titled, “Success in Distress”. It was a free event, but donations for the Boys & Girls Club were taken up. There were 50 people in attendance, [...]

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Research Firm Says Housing Currently Undervalued by 14% to 17%

December 7th, 2010 · No Comments · In the News

The following is an excerpt from an article in DSNews by Carrie Bay. The sharp fall in residential property prices in the third quarter means that housing in the United States has become even more undervalued, according to the analysts at Capital Economics. Based on the latest S&P Case-Shiller index, Capital Economics has concluded that [...]

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Forecast for Housing and the Economy: Dim

November 30th, 2010 · No Comments · In the News

The following is an excerpt of the article, “Moody’s Forecast for Housing and the Economy: Dim” by Carrie Bay for DSNews: The analysts at Moody’s Investors Service are downbeat in their outlook for both the U.S. economy and the housing market. In the agency’s ResiLandscape report issued last week, they warn that there’s a stronger [...]

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