The nation’s largest mortgage lenders Wells Fargo ($33.00 -0.12%) and JPMorgan Chase ($42.72 -0.5%) originated more mortgages in the first quarter as each inch toward a cleaner portfolio. Both banks beat earnings estimates during the quarter. Wells’ mortgage originations totaled $129 billion in those three months, up from $84 billion last year. Chase’s originations grew 6% over the same period to $38.4 billion in the first quarter. Wells CEO John Stumpf said in a conference call with investors Friday the […]

Residential and Commercial Sales. We specialize in lake properties in and around Eufaula. Our office is ideally located in Porum Landing. Come and enjoy the blue water, island, sandy beaches and the cut! You’re going to love it! Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions:   Specialties: Lake front properties, Lake houses, weekend retreats   View Doug’s Complete Profile & Contact His Immediately by Clicking Here Occasionally we’ll feature one of […]

When choosing a domain name for their Web site, real estate agents should consider incorporating the name of their market, keeping in mind that domain names with large cities likely have been taken already. Rather than using their own name, they should incorporate keywords to help boost the site’s ranking in Google. In addition to the market or city name, they would be wise to use such terms as condos, homes, real estate, or realty. Once they have created a […]

The Consumer Financial Protection Bureau announced it will be offering up new rules for mortgage servicers aimed at making monthly mortgage statements more transparent in disclosing fees or changes in a loan. “For too long, mortgage servicers have not been held accountable to their customers, and the result has been profoundly punishing to home owners in distress,” says Richard Cordray, director of the consumer bureau. “It’s time to put the ‘service’ back in mortgage servicing.” Servicers will be required to […]

Colby , Realtor & Signature Properties pledge to donate a portion of every commission earned to the charity of our client’s choice! Colby is an active member in the community & supports multiple GLBT Organizations & Efforts. Support an Agent that Supports you! Buying or Selling, Colby , Realtor & Signature Properties are there for you! Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions: Member National Association of Realtors […]

The U.S. economy is sliding sideways with consumer sentiment down on higher gasoline prices and economists realizing a mild winter stimulated early economic activity, according to CoreLogic. A weather-related upswing in economic activity during the winter can result in a sluggish spring since buyers spend earlier, creating a potential drop off in spring activity. Meanwhile, the housing sector continues to reflect two opposing trends: On one hand, household growth increased a slight 0.6% in 2011, said Mark Fleming with CoreLogic. […]

Mortgage applications declined 2.4% for the week ending April 6 as refinancing and home purchase activity slowed, an industry trade group said. The Mortgage Bankers Association released its market composite index Wednesday, which measures weekly mortgage loan application volume. The group’s refinance index, which measures all refinancing activity, declined 3.1% from the previous week, while the seasonally adjusted purchase index fell a slight 0.5%. Refinancing activity declined overall with its share of mortgage activity dropping for the eighth straight week […]

“Strength in Real Estate” With great experience in real estate as well as intimate local area knowledge, I work extensively to help buyers and sellers meet their real estate goals. As a listing agent in Orange county, my extensive marketing plan gives a homeowner the opportunity to get the maximum value for his/her property. For buyers, I help negotiate the best possible deal and search until I find the perfect property. Nothing satisfies me more than seeing the smiles that […]

The Federal Housing Administration rescinded and will delay a rule that as of April 1 prohibited borrowers with more than $1,000 in disputed collections accounts from getting a federally backed mortgage, according to a notice sent late Friday. FHA postponed the rule until July, and will take public comment from lenders, builders and others in the industry until then to clarify guidance. “There is clearly a bigger ripple effect here than the Department of Housing and Urban Development might have […]

Mortgage servicers started modifications on 63% of eligible second liens under the Home Affordable Modification Program, according to Treasury Department data released Friday. Through February, servicers participating in 2MP started 71,133 second-lien workouts of the 113,774 eligible loans. More than 15,600 of them have been fully extinguished. More than one-third of the second-lien mods occurred in California, according to the Treasury. Of the $29.9 billion allocated for HAMP, roughly $2.7 billion is set aside for modifying second liens, according to […]