Can Realtors become catalysts for change in the downtrodden market? The answer, according to one industry veteran, founder of The Distressed Property Institute in Austin, Texas, Alex Charfen is: Yes, if they acquire the knowledge to help homeowners avoid foreclosure.Mr. Charfen is calling on thousands of Realtors across the country to do just that. Since seven out of 10 homes go into foreclosure without any professional intervention, he says, Realtors who are certified as distressed property experts must and can help. Realtors skilled at home pricing can help owners avoid foreclosure. CDPE training and certification is a way for Realtors to not feel "painted into a corner."
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The national delinquency rate dropped 16 basis points to 3.39% last month, according to the Intercontinental Exchange's latest first look report.
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The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.
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Seven federal agencies rescinded a 2022 guidance that encouraged creditors to offer special purpose credit programs to underserved communities.
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Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.
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The company last week introduced a temporary shareholder rights plan to curb any attempt by Garg to use supervoting shares and reinstall himself as CEO.
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A pension fund can relitigate claims that Freddie Mac and its leaders misled investors over the government-sponsored enterprise's exposure to subprime loans.
August 24








