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Archives: August 2011


Evolution of the Broker Pricing Opinion

RISMEDIA, July 12, 2011—Executives within the default Industry are required to make decisions on a variety of dispositions that vary from loss mitigation to REO pricing strategies. The Broker Pricing Opinion (BPO) is an integral component of the decision making… … Read more

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New Foreclosure Study Finds the More That’s Owed, the Longer the Defaulter Can Stay

RISMEDIA, July 13, 2011—Homeowners living in houses worth over 7,000 can live in their homes mortgage-free without fear of foreclosure for more than a year, but those in the less valuable homes are getting thrown out in 300 days or… … Read more

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Monthly Survey Report Assesses Opinions about Owning a Home, Renting a Home, and Household Finances

RISMEDIA, July 13, 2011—Fannie Mae’s (OTC Bulletin Board: FNMA) new monthly national consumer attitudinal survey report provides eleven indicators offering a window into the opinions of Americans across the country. These behavioral insights convey what consumers think about the… RISMedia … Read more

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National Association of REALTORS Bans Sexual Orientation Discrimination

RISMEDIA, July 13, 2011—The National Association of REALTORS® recently added language to its code of ethics banning discrimination based on sexual orientation. Article 10 of NAR’s REALTORS® Code of Ethics previously prohibited the “denial of its professional services to any… … Read more

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Rand on Real Estate: A Closer Look at Colorado Springs

RISMEDIA, July 13, 2011—Greg Rand (@gsrand), CEO of OwnAmerica.com hosts “Rand on Real Estate” on 770 WABC where this week he discusses the Colorado Springs real estate market with RISMedia’s Real Estate Information Network® (RREIN) Member… RISMedia » Real Estate

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95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages

In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released yesterday. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their… RISMedia … Read more

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MONEY Magazine Reveals Annual “MONEY’s 100 Best Places to Live in America”

“MONEY” magazine has revealed the 2011 list of “MONEY’s 100 Best Places to Live in America,” highlighting small towns across the country with populations of 50,000 or less. For the annual cover-story, on sale August 19, MONEY looked for places… … Read more

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5 Inexpensive Home Updates to Complete before Listing Your Home

RISMEDIA, August 11, 2011—There is no perfect formula for selling your home efficiently, but by following these five tips prior to listing you can increase your chances to close quickly at a higher price. 1.) Update your old garage door(s).… … Read more

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Hard Working High School Seniors Receive Scholarships from Diane Turton, REALTORS

RISMEDIA, July 15, 2011—Continuing the annual tradition, Diane Turton, REALTORS® has awarded two accomplished area High School seniors with college scholarships. “Our life long thirst for knowledge coupled with hard work are true keys to success,” says Diane Turton, founder… … Read more

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5 Inexpensive Home Updates to Complete before Listing Your Home

RISMEDIA, August 11, 2011—There is no perfect formula for selling your home efficiently, but by following these five tips prior to listing you can increase your chances to close quickly at a higher price. 1.) Update your old garage door(s).… … Read more

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