Finance & Mortgage
Real Estate News
IRS Demands More Info From Small Businesses
May 26, 2011
The Internal Revenue Service is asking small businesses being audited to produce exact copies of electronic records kept in their business software programs, which has many proprietors upset.
Real Estate News
NAR Pushes for Comprehensive GSE Strategy
May 26, 2011
In testimony to a Senate Committee, NAR President Ron Phipps stressed the importance of action on GSE reform by Congress.
Real Estate News
Mortgage Rates Clinging to Lowest Levels
May 26, 2011
This past week, mortgage rates have been clinging to their lowest levels of 2011 with little to no movement happening.
Real Estate Finance & Mortgage
Delayed payments on Australian mortgage upturns
May 26, 2011
Delayed payments on Australian mortgage had increased in the first quarter at its highest. It is now considered a big blow to the country’s thriving property market.
Real Estate News
FHA Plays a Critical Role in Home Financing
May 26, 2011
In Congressional testimony today, NAR leaders voiced support for higher loan limits and low down payment requirements with better monitoring of risk for FHA-insured loans.
Real Estate News
Banks' Liability Grows Over Foreclosure Errors
May 26, 2011
Time is ticking. If five of the nation's largest banks can't reach a settlement with state and federal regulators over improper foreclosure practices soon, they may face at least $17 billion in civil lawsuits.
