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Feds press for permanent loan mods

By Inman News, Monday, November 30, 2009.

The Obama administration is increasing pressure on mortgage lenders to convert temporary loan modifications for high-risk borrowers to permanent ones by the end of the year.

The U.S. Department of the Treasury and Department of Housing and Urban Development will require lenders to submit a schedule for how they will decide whether or not a loan would be permanently modified and to report any obstacles borrowers face in moving to the permanent phase.  more...

RE/MAX adds RealtyTrac info to Web site

By Inman News, Monday, November 30, 2009.

RE/MAX is the first national real estate franchise to carry U.S. foreclosure listings provided by data company RealtyTrac, the companies announced today.

Deal-seeking homebuyers can now access information for 1.3 million foreclosed properties nationwide at remax.com through the agreement with RealtyTrac.

RealtyTrac gathers data on bank-owned (REO) properties and other types of distressed properties in about 2,200 counties, or more than 90 percent of U.S. households.  more...

DocuSign offers Realtor discount

By Inman News, Monday, November 30, 2009.

The National Association of Realtors says its 1.2 members will receive special pricing and offers from electronic signature services provider DocuSign as a result of NAR's investment in the company.  more...