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Resistance to Principal Reduction Plans: Industry News for 4/11/2012

Posted on 4/11/2012 by Administrator Account in industry news
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Help on the way for underwater homeowners, fraud concerns on the rise in the real estate market, a look at how antique furnishings can impact a home, and more in today's industry news round-up!

Big Numbers Still Don't Sway DeMarco Towards Principal Reduction l DSNews.com

While arguments continue to be made that Fannie Mae and Freddie Mac should apply principal reductions to keep underwater borrowers from going into foreclosure, Edward DeMarco, FHFA acting director, still has plenty of ammo to defend his highly criticized stance.

Underwater owners get promise of help l CNN Money - Real Estate

If falling prices have left you with a mortgage bigger than your home's value, you may soon be able to refinance at a lower rate.

Survey: Fraud concerns up across industry segments l The Title Report

We all read the stories and hear the experts discuss the state of fraud in the real estate industry and the causes and solutions and preventive measures that exist or should exist. But what does the industry itself think about the problem?

A Home to House Antiques l Wall Street Journal - Real Estate

This 6,177-square-foot Nantucket shingle-style home, located on a narrow stretch of the Miles River in southeastern Maryland, is flush with the owners' collection of antique furnishings.
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