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BofA Offering Up to $30K in Relocation Assistance for Short Sales

DSNews — Sat, 19 May 2012 00:38:00 +0000

Just days after Bank of America officially announced its nationwide program offering up to $30,000 in relocation assistance for short sales, a Massachusetts-based real estate company revealed in a blog that one of its clients was approved to receive $10,000.

Judicial States Will Lag Behind Recovery: Capital Economics

DSNews — Fri, 18 May 2012 21:11:00 +0000

While the housing market it starting to show signs that it is strengthening, for some states, recovery still seems to be in the very distant future. According to a report from Capital Economics, one factor that will determine the speed of recovery for individual states is the type of foreclosure procedure.

MGIC Files Lawsuit Against Freddie Mac and FHFA Over Pool Dispute

DSNews — Fri, 18 May 2012 20:40:00 +0000

MGIC Investment Corporation announced Thursday that its Mortgage Guaranty Insurance Corporation subsidiary filed a lawsuit against Freddie Mac and its conservator, FHFA. The lawsuit was filed in federal court in Milwaukee, Wisconsin, and the dispute is in regards to a disagreement over aggregate loss limit under certain pool insurance policies.

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MGIC Files Lawsuit Against Freddie Mac and FHFA Over Pool Dispute

Median Home Prices Rise in April: RE/MAX

DSNews — Fri, 18 May 2012 20:26:00 +0000

The RE/MAX: National Housing Report found that the national median home price rose for the third straight month in April, indicating that the housing recovery in 2012 is continuing.

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Median Home Prices Rise in April: RE/MAX

Gerner & Kearns Appoints New Associate

DSNews — Fri, 18 May 2012 19:44:00 +0000

Gerner & Kearns, Co., L.P.A.

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Gerner & Kearns Appoints New Associate

American InfoSource Acquires Ascension Capital Group

DSNews — Fri, 18 May 2012 18:55:00 +0000

American InfoSource LP: (AIS) announced that it has acquired substantially all of the assets of Ascension Capital Group, Inc., (ACG).

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American InfoSource Acquires Ascension Capital Group

Cityside Hires Chief Business Development Officer

DSNews — Fri, 18 May 2012 01:36:00 +0000

Clinton Alcorn joined Cityside Management Corporation as chief business development officer.

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Cityside Hires Chief Business Development Officer

As Economy Improves, Prices to Hit Bottom in 2013 After Dropping: Fitch

DSNews — Fri, 18 May 2012 00:58:00 +0000

Fitch Ratings released a report projecting another 7.8 percent drop in U.S.

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As Economy Improves, Prices to Hit Bottom in 2013 After Dropping: Fitch

Story of Recovery Will Lack Uniformity: Demand Institute

DSNews — Thu, 17 May 2012 22:41:00 +0000

While the U.S. housing market appears to be on the road to recovery, it will be a rather patchy one, with some regions seeing home prices rise as high as 5 percent and others falling flat, according to a report released from the Demand Institute, which is jointly operated by The Conference Board and Nielsen. According to the report, three variables will indicate the speed of recovery for individual states: state-level unemployment rates, the proportion of foreclosure inventory relative to total inventory, and the extent of recent price declines.

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Story of Recovery Will Lack Uniformity: Demand Institute

Southern California Home Sales Figures Rise

DSNews — Thu, 17 May 2012 21:35:00 +0000

According to numbers released by DataQuick, last month’s home sales numbers in Southern California experienced a modest climb from last year.

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Southern California Home Sales Figures Rise