Archive for June, 2017


Why Bob Goldberg, NAR’s New CEO, Has Some Convincing To Do

Reposted with permission from Rob Hahn. In the middle of the afternoon on Friday, June 23 — a curious time to be releasing such major news — NAR announced that it had chosen NAR Senior VP Bob Goldberg to be the next CEO, replacing the retiring Dale Stinton. As you can imagine, I’ve had more than […]

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The housing market has become ‘lopsided’ — and it’s bad news for first-time buyers

Flickr/Franco Folini Investors and wealthier shoppers are pricing first-time homebuyers out of the market. After the 2008 reset of the housing market, prices have recovered — but at a much faster pace than wages. The SP Dow Jones index that tracks home prices in 20 major cities like San Francisco and Chicago set a record […]

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Pending home sales tumble as supply crisis hits sales – CNBC.com

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Appeals court rules in favor of Fannie Mae in foreclosure case

SUMTER COUNTY — The 5th District Court of Appeal recently ruled in favor of Fannie Mae in a foreclosure case involving Black Point Assets Inc. Fannie Mae had filed a foreclosure against Mary S. Cehi, who was the original homeowner. The note was made out to Countrywide Bank FSB, and Fannie Mae’s complaint included assignments […]

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Fannie Mae completes two credit insurance risk transfers on single …

Most Read The Many Ways to Be Relieved of Your Timeshare Obligations While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated […]

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Senate Considers Breaking Up Fannie Mae and Freddie Mac

Shutterstock photo (Washington) In a topic that has been written about very little recently, Bloomberg is now reporting that the Senate is mulling a plan which would break up Fannie Mae and Freddie Mac. The push is a bipartisan one and is being advanced because of the desire to create more competition in the secondary […]

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Why Chinese millionaires will be bidding on a NJ mansion this week

What does an 18,000-square-foot hilltop estate in suburban New Jersey have in common with a Ritz-Carlton penthouse in New York City, a plantation in Fiji, and a 300-acre Wyoming ranch? Besides their multi-million-dollar price tags, that is? By the end of the month, they may all be owned by Chinese millionaires. The Cresskill estate, last on […]

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Nelson Eugene Tubbs

Wichita Falls(Photo: Nelson Eugene Tubbs) Nelson Eugene Tubbs, 71, of Wichita Falls, Texas, died on Sunday, June 25, 2017. Funeral services will be held at 10 a.m. Friday, June 30, 2017, in the chapel of Lunn’s Colonial Funeral Home with Father Peter Kavanaugh officiating. Interment with military honors will follow at Rosemont Cemetery. A rosary […]

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NAR Promotes New CEO

Bob Goldberg The National Association of Realtors named Bob Goldberg as its new CEO. Goldberg will succeed Dale Stinton, who is retiring after 36 years at NAR, 12 of which he served as CEO. Goldberg has been with NAR since 1995 and will be the 12th CEO for the association, which was founded in 1908.  […]

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BRIEF-Fannie Mae announces 2 credit insurance risk transfer transactions on $19.8 billion of single-family loans

DIARY-Emerging Markets Economic Events to Sept 5 Guide to economic indicators ———————————————————– This Diary is filed daily. ** Indicates new events ———————————————————– WEDNESDAY, JUNE 28

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