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MetroList MLS adds Dwellicious

By Inman News, Wednesday, April 29, 2009.

MetroListMLS.com, a public-facing real estate search portal created by a multiple listing service in California, has integrated Dwellicious, a real estate tool that allows consumers to "bookmark" properties they find online.

MetroList Services Inc., an MLS that provides service to about 25,000 real estate professionals in Sacramento, Placer, El Dorado, Yolo, San Joaquin, Stanislaus and Merced counties, draws about 300,000 visitors per month to its consumer Web site.  more...

Brokers OK'd to negotiate loan mods

By Inman News, Wednesday, April 29, 2009.

The number of real estate brokers authorized by California regulators to collect advance fees for negotiating loan modifications and short sales on behalf of homeowners has grown from less than two dozen in mid-November to almost 600.

California requires real estate brokers who negotiate with lenders to enter into agreements with borrowers detailing the services they will provide if they plan to collect their fees upfront. Fees collected in advance are placed in a trust account can only be drawn down as services are performed.  more...

Zillow debuts iPhone app  Premium Content

By Matt Carter, Wednesday, April 29, 2009.
Zillow's iPhone application

Imagine strolling through your neighborhood and, with a glance at your iPhone, finding out instantly how much just about any home you walk by last sold for.

What if your iPhone could also display your location on a map that pinpoints nearby homes for sale and any that have recently changed hands?  more...

New rules for Fannie, Freddie appraisals

By Inman News, Wednesday, April 29, 2009.

Many lenders aren't prepared to comply with new rules going into effect Friday governing appraisals on loans to be purchased by Fannie Mae and Freddie Mac, according to a company that offers software for managing the appraisal process.  more...