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Mar

23
2007

David Lereah, chief NAR meteorologist

By Matt Carter, Friday, March 23, 2007.
With all the turmoil in the housing market affecting home sales -- home price appreciation (or the lack thereof), mortgage rates (and the sudden return of underwriting standards), consumer sentiment ("Is it REALLY a great time to buy?") -- NAR...  more...

Oh no, Canada

By Glenn Roberts, Jr., Friday, March 23, 2007.
The Competition Bureau (Canada's equivalent to the U.S. Justice Department's Antitrust Division) is investigating the possible anticompetitive effects of multiple listing service amendments proposed by the Canadian Real Estate Association (Canada's equivalent to the National Association of Realtors). The U.S....  more...

Subprime lendings's political windfall

By Matt Carter, Friday, March 23, 2007.
When Sen. Chris Dodd invited executives from five top subprime lenders to testify before the Senate Banking Committee this week, Inman Blog wondered what kind of turnout he'd get. Well, almost everybody Dodd invited came -- HSBC, Countrywide, WMC Mortgage,...  more...

The long tail of short sales

By Jessica Swesey, Friday, March 23, 2007.
"Short sale" tops the list of "Recent Searches" at InmanWiki by a landslide. According to the tally, the term has been searched 1,323 times, while other top search contenders are clocking only 93 searches, 12 searches, and smaller. Looks like...  more...

TMS - Come Out, Come Out - Wherever you are!

By kenjenny@sbcglobal.net, Friday, March 23, 2007.
What has happened to TMS - transaction management services? Several of the bigger players have either abandoned or given up on providing such services through the brokerage industry. Why? The question of who pays is why. The place for all...  more...