Newsflash

Quick Search MLS

Search Tennessee and Virginia MLS, Enter Criteria Below

Min Price  
Max Price  

Bedrooms Bathrooms

Address      
City      
MLS#       Keyword      
Type            

Lake Properties

Boone Lake Properties
Cherokee Lake Properties
Douglas Lake Properties
Patrick Henry Lake Properties
South Holston Lake Properties
Watauga Lake Properties

Top Links

Search TriCities MLS
Foreclosure Properties
Short Sale Properties
Golf Course Properties
Farms and Mini Farms
Site Map of Listings
Neighborhood Guide
Setup Your Daily Home Finder
View My YouTube Channel
"Follow Me" on Twitter
Find me on Facebook
Your Area Realtor

TriCitiesAgent on Facebook

Updated Daily

My Website is updated dailly and has over 9000 TriCities TN VA home and property listings to browse. View homes and property in Bristol, Kingsport, Johnson City, and surrounding area. I cover the entire region and can show you any property on this website.

Josh Taylor
Affiliate Broker - RE/MAX Results
423.366.2353
Call, Text, or Email Anytime.
Home arrow Blog arrow Mortgage News
Mortgage News
Record Low Rates Likely to Rise PDF Print E-mail
At 3.91 percent, the average 30-year, fixed-rate mortgage was lower than ever previously recorded.

Fifteen-year and adjustable-rate mortgages also reached new lows.

But Treasury market activity points to higher rates in the next set of reports.
Read more...
 
Senator Calls for Criminal Probe of GSE Execs PDF Print E-mail
After being sued last week by the Securities and Exchange Commission, the former chief executive officers of Fannie Mae and Freddie Mac could face a criminal investigation if a U.S. senator has his way.

The SEC lawsuit was filed against six executives including former Fannie CEO Daniel Mudd and former Freddie chairman and CEO Richard Syron.

Now, Sen. Scott Brown (R-Mass.) has written a letter to SEC Commissioner Mary Schapiro calling for a criminal investigation.
Read more...
 
Chase Hirings Hundreds in Louisiana PDF Print E-mail
JPMorgan Chase & Co. plans to hire hundreds of new mortgage employees for two document management facilities in Louisiana.

One facility handles mortgage records for borrowers across the nation.

The new staff at the second facility will take documents inherited from acquisitions and digitize them as images.
Read more...
 
Fannie Revises Requirements, Raises Fees to Sellers PDF Print E-mail
Fannie Mae said it will immediately permit master or blanket insurance policies that combine insurance coverage for multiple condominiums as long as the coverage meets certain specific criteria.

The selling guide was updated to clarify that sellers can't delegate their authority to execute a note endorsement.

The Washington, D.C.-based firm is raising the cost of reviewing a lender's financial statements.
Read more...
 
LPS Hit With Robo Signing Class Action PDF Print E-mail
A Nevada lawsuit filed this week against Lender Processing Services Inc. alleges that the foreclosure process used by the Jacksonville, Fla.-based company was tainted. In addition to voiding notices of default and suspending tainted foreclosures, the lawsuit seeks unspecified actual damages, punitive damages and attorney's fees. Class-action certification is sought for potentially thousands of borrowers who faced foreclosure.

Five borrowers who are or were in the process of foreclosure filed the lawsuit in Clark County District Court.

Other defendants named in the complaint include Bank of America, IndyMac Mortgage Services and Regional Service Corp.
Read more...
 
Huge Settlement Over Countrywide Discrimination PDF Print E-mail
Alleged lending discrimination at Countrywide Financial Corp. will cost Bank of America Corp. more than $300 million.

Countrywide is accused of charging higher rates and fees to black and Latino borrowers than similarly qualified white borrowers.

BofA sought to distance itself from such alleged practices by clarifying that they occurred before it acquired Countrywide.
Read more...
 
Some Signs of Improvement in Shadow Inventory PDF Print E-mail
The inventory of distressed loans that are lurking in the shadows has declined 16 percent over the past year.

The most-recent inventory of shadow inventory would take five months to clear out.

Another report last month indicated that the total supply of distressed properties in the third-quarter would take two months less to sell than the second-quarter supply.
Read more...
 
Overall Delinquency Down Despite Uptick in Securitized 1sts PDF Print E-mail
The rate of 90-day delinquency on all home loans was 10 basis points lower in November than in October.

The decline marked the second consecutive month of improvement.

A separate report indicated that delinquency on just first mortgages included in private-label residential mortgage-backed securities climbed 9 BPS during the same period.
Read more...
 
Seconds Outperform First Mortgages PDF Print E-mail
The rate of 90-day delinquency on first mortgages during November was 9 basis points higher than in October.

Another report on 30-day delinquency suggests that the 90-day rate could climb higher.

But on second mortgages, 90-day delinquency fell 3 BPS.
Read more...
 
More...
<< Start < Prev 1 2 Next > End >>

Results 1 - 19 of 33
[ Back ]

Translate My Website

Remember This Site

 
 

Equal Housing

Equal Housing - Realtor
 

Quick Contact

Josh Taylor - Affiliate Broker RE/MAX Results
981 Volunteer Parkway. , Bristol TN 37620
Bristol, Kingsport, Abingdon, Johnson City Realtor
Mobile: 423.366.2353  Call or Text
Office: 423.793.1130
Fax: 423.793.1136 Email Me
Licensed in Tennessee & Virginia
© Copyright 2012 TriCitiesAgent.com
Each Office Independently Owned & Operated 
 
Bristol, Johnson City, Kingsport, Realtor