Archive for May, 2013


Freddie Mac Issues Statement On Extension Of Home AffordableModification Program

(RTTNews.com) – Freddie Mac (FMCC.OB) issued a statement on extension of Home Affordable Modification Program through 2015. Tracy Mooney, Senior Vice President of Single Family Servicing and REO at Freddie Mac said, “Thanks to today’s action by the Obama Administration, Freddie Mac will extend HAMP to financially troubled borrowers through 2015. We have helped more […]

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Carol Kreindel achieves national recognition

Prominent Properties Carol Kreindel Carol Kreindel, sales professional with Prominent Properties’ Fort Lee office, has been awarded the Accredited Buyer’s Representation (ABR) designation by the Real Estate Buyer’s Agent Council of the National Association of Realtors. Carol Kreindel joins more than 30,000 real estate professionals in North America who have earned the ABR designation. All […]

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Signed contracts to buy US homes at 3-year high

by The Associated Press Published: May 30, 2013 Tags: contracts, home sales, housing market, National Association of Realtors, pending homes sales 1:12 pm Thu, May 30, 2013 The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home […]

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Nader: U.S. has duty to Fannie, Freddie investors

By Ruth Mantell, MarketWatch WASHINGTON (MarketWatch) — The federal government has a moral obligation to Fannie Mae and Freddie Mac shareholders and needs to end the current state of limbo, activist and consumer advocate Ralph Nader tells MarketWatch in an interview. “They should put out a statement saying that whatever organization or reorganization there is […]

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Dispenza awarded by County Board of Realtors

Bonita M. Saletta, Broker/President of Midtown Realty, Fredonia, is proud to announce that for the eighth consecutive year, Lou Dispenza, licensed real estate agent with Midtown, has been awarded top honors by the Chautauqua County Board of Realtors. At its annual general membership meeting held recently at Moon Brook Country Club in Jamestown, Dispenza was […]

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April Pending Home Sales Index Hits 3-year High

WASHINGTON –  Pointing to housing-market growth, pending sales of homes ticked up 0.3% in April, with gains in the Northeast and Midwest, but decreases in the South and the West, the National Association of Realtors reported Thursday. Despite April’s slight gain, the pending-sales gauge increased 10.3% from April 2012, hitting the highest level in three […]

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Investors Pump GSEs Again: Financial Winners

NEW YORK (TheStreet) — The Fannie Mae (FNMA) and Freddie Mac (FMCC) roller coaster continued on Friday, with shares of both companies rebounding after two days of significant losses. Shares of Fannie Mae rose 21% on Friday to close at $2.10. The shares had suffered a decline of 58% over the previous two sessions though […]

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Realtor association awarded $2.7 million in copyright suit

The Key West Association of Realtors Inc. (KWAR) was awarded $2.7 million by a federal district court for a copyright suit it brought against an individual who ran websites, including KeyWestMLS.com, with unlicensed data, content and images from a multiple listing service (MLS) maintained by KWAR. The judge in the case said he set the penalty high […]

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ERA Real Estate Reveals Under the Radar Vacation Markets

MADISON, NJ–(Marketwired – May 30, 2013) – The summer season has started and what better time to check out some “under the radar” vacation markets. With the National Association of Realtors reporting that vacation home buyer activity is on the rise, ERA Real Estate presents some places that are off the beaten path but packed with […]

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Freddie Mac, Fannie Mae and FHLB 2013 note calendar | Reuters

Wed May 29, 2013 9:00am EDT

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