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DAVID BRENTON'S TEAM
RE/MAX Select, REALTORS
48 N Emerson Ave Ste 600
Greenwood, IN 46143
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317-882-7210 - Office
317-888-7201 - Fax
888-882-7210 - TollFree

  

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DAVID BRENTON'S TEAM

Real Estate News
AP - Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.
Thursday, March 11, 2010
AP - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market.
Thursday, March 11, 2010
AP - FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago.
Thursday, March 11, 2010

In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)AP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.
Thursday, March 11, 2010

A pre-foreclosure sign is displayed outside a home in Miami, Florida in 2009. The US home mortage sector remains under siege -- as recent huge losses reported by government-run Fannie Mae and Freddie Mac show -- from high unemployment and troubled loans.(AFP/Getty Images/File/Joe Raedle)AP - The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
Thursday, March 11, 2010

In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Thursday, March 11, 2010

In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Wednesday, March 10, 2010
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
Wednesday, March 10, 2010
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
Tuesday, March 09, 2010
AP - Real estate investment trust Glimcher Realty Trust said Monday it has extended and changed its agreement for its $470 million unsecured credit facility with its lenders, including KeyBank National Association and Bank of America NA.
Monday, March 08, 2010
Reuters - The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.
Monday, March 08, 2010
AP - The Treasury Department was forced Friday to reiterate its financial support for Fannie Mae and Freddie Mac after a key lawmaker rattled investors by pointing out that their debt does not enjoy the explicit guarantee of the federal government.
Friday, March 05, 2010
AP - A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government's struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.
Friday, March 05, 2010
Reuters - U.S. employers cut fewer jobs than expected during snow-battered February and the unemployment rate held steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs.
Friday, March 05, 2010
Investor's Business Daily - Housing markets rife with foreclosures can still present great deals for investors, but also stiff competition and pitfalls for the inexperienced.
Thursday, March 04, 2010
McClatchy Newspapers - WASHINGTON — California is broke, its 12.1 percent unemployment rate is among the highest in the nation, housing prices have plunged, home foreclosures have skyrocketed and a drought is threatening the state's dwindling water supply. There also are plenty of other issues for would-be U.S. senators to debate, including the battered economy and a massive effort to overhaul the nation's health care system.
Thursday, March 04, 2010
Reuters - Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.
Thursday, March 04, 2010
Reuters - Four top executives of Thornburg Mortgage improperly paid themselves handsome bonuses just before the mortgage lender filed for bankruptcy last year, and stole money and ideas from Thornburg to secretly launch a new firm, the bankruptcy trustee in charge of liquidating the lender alleged in a lawsuit.
Thursday, March 04, 2010
AP - Homebuilder KB Home said Thursday that billionaire investor Ron Burkle will not stand for re-election to the company's board at its next annual meeting.
Thursday, March 04, 2010
U.S. News & World Report - After its historic decline brought the global economy to its knees, the U.S. housing market is gearing up for a long-awaited recovery. Real estate experts expect home prices to hit bottom in late 2010 or early 2011 before--finally!--heading north again. But what shape will the rebound take? Are we in for another boom? Or will we have to settle for sluggish growth? Here's the outlook for home price appreciation through 2020.
Thursday, March 04, 2010

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