Tag Archives: Credit

REALTORS® Recognize Credit Union as Valuable Member Benefit

Since it opened in May 2009, the REALTORS® Federal Credit Union has created quite a buzz, becoming a benefit among National Association of REALTOR® members. The union offers a portfolio of services and products, and was recently rated the fastest…

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Confronting the Credit Crunch

At the height of the real estate boom in the mid-2000s, brokers began realizing that to sustain business for the long-term, they would need to climb aboard the “one-stop shopping” bandwagon. At the center of the full-service real estate model?…

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Update on First Time Homebuyer Credit and Tax Refunds

RISMEDIA, March 26, 2011—The IRS recently released information on processing issues that are impacting a small percentage of tax returns involving repayment of the First Time Homebuyer Credit (FTHB), primarily involving 2008 home purchases. While most of these returns are…

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Credit Quality a Mixed Bag: 3 Tips for Securing Rental Tenants

RISMEDIA, March 3, 2011—Everyone knows that The Great Recession has taken its toll on the housing market. Foreclosures have been at historical highs and we have all heard the personal and devastating stories of displaced homeowners. But there is a…

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FICO Predicts Credit Demand Will Outpace Supply

FICO’s fourth quarter survey results of bank risk professionals indicate a future supply and demand issue with credit. While the general opinion is that lending will remain tight for the better part of 2011, the good news is that bankers believe de

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  1. The Latest Shadow Inventory and Housing Supply Rates…
  2. Supply More Than Demand: Means Short Sale
  3. Lenders Demanding We Drop Short Sale Contingencies that Protect the Seller…”Say What?”

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