Unofficial: Realty One Group News

10/08/2022

12/06/2019

06/06/2014

Fannie Mae expands HomePath for Short Sales website- taken from housingwire.com

FanneMae is expanding the functionality of its HomePath for Short Sales website.
The HomePath site is designed to “help real estate professionals efficiently
complete short sales and resolve challenges directly with FannieMae.” The site is
open to any real estate professional working on a short sale of a Fannie-owned
loan.
The site’s new functionality will allow agents to contact Fannie directly earlier in
the short sale process in an effort to preempt potential challenges, which the GSE
says will decrease the need to escalate concerns as the short sale process
progresses.

Through the expanded HomePath Short Sale portal, listing agents can work
directly with FannieMae to;
Request list price guidance prior to listing a property
View the status of submitted cases
Negotiate and receive first lien approval on a short sale directly from
FannieMae. This feature will be rolled out over the next few month through
individual servicers.

Home Prices Continue Upward Climb in April- taken from dsnews.com

In its latest Home Price Index, CoreLogic reported that home prices continue to
rise across the nation, with more increases to come in 2015.

The company reported that home prices, including distressed sales, increased
10.5% in April from the previous year. The company projects home prices will
continue to increase by 1% month-over-month in May. Futhermore, national
home prices are expected to rise by 6.3% from April 2014 to April 2015.

Including distressed sales, the five states registering the largest year-over-year
home price appreciation in April were California (15.6%), Nevada (14.8%), Hawaii
(14.1%), Oregon (11.8%), and Michigan (11.3%).

All information deemed reliable but not guaranteed. For investment, ownership or tax advice we suggest y

06/03/2014

The top and bottom 5 markets for housing recovery- 6-2-14
taken from housingwire.com b.swanson

It is official: completed foreclosures are officially at the lowest level since the
Great Recession, and the impact is filtering into states across the nation. As
completed foreclosures rise, certain states rise to the top, paving the way for its
recovery.

Over the last year, foreclosures fell to 599,000, and the current pace of completed
foreclosures, and given the foreclosure inventory, it will take 14 months to move
the foreclosed inventory through the pipeline, Sam Khater, deputy chief
economist for CoreLogic said.

“We have now registered two and a half years of continuous decreases in the
number of homeowners who are in some stage of the foreclosure process. This
consistent decline means fewer Americans are experiencing the distress of
delinquency and default,” said Anand Nallathambi, president and CEO of
CoreLogic. “The recovery may be slow, but it is steady.

Bottom 5 states with the lowest number of completed foreclosures for the past
12 months;
5. Montana: 936, serious delinquent rate 1.7%
4. Alaska: 844, serious delinquent rate 1.5%
3. Wyoming: 718, serious delinquent rate 1.8%
2. West Virginia: 718, serious delinquent rate 2.9%
1. North Dakota: 352, serious delinquent rate 1.1%

Top 5 states with the highest number of completed foreclosures for the past 12
months:
5. Georgia: 32,000, serious delinquent rate 4.5%
4. California: 33,000, serious delinquent rate 2.4%
3. Texas: 38,000, serious delinquent rate 3.2%
2. Michigan: 46,000, serious delinquent rate 3.4%
1. Florida: 121,000, serious delinquent rate9.9%

All information deemed reliable but not guaranteed. For tax, investment or ownership advice we suggest