Cash Buys Continuing

Cash Buys Continuing : June 27, 2011
 

June 27, 2011
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Featured Story Groups File Discrimination Lawsuit Against Cornerstone
By Amilda Dymi Shortly after Cornerstone Residential Management company settled a class-action lawsuit claiming discrimination against families with minor children, the housing developer was hit by another lawsuit alleging it has violated Fair Housing Act protections for people with disabilities for decades. Free Advertisement Hard Work and Knowing the Right Questions to Ask
By Brad Finkelstein The No. 4 producer on our list, Bradley Cohen of EagleBank, Potomac, Md., had a very simple reason for what drove his business success in 2010—the need to make his own mortgage payment. Free with Registration Advertisement Cash Buys Continuing
By Brian Collins Fannie Mae chief economist Doug Duncan believes cash purchases of homes will continue at "quite high levels" for the rest of this year as investors and even some homebuyers bypass the traditional mortgage process. Free NAHB Report: Lower Loan Limits Will Hurt Housing Market Recovery
By Evan Nemeroff A report from the National Association of Home Builders found that a decrease in loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration set to take effect on Oct. 1 would have a negative impact for the housing market. Free with Registration Advertisement OCC: Banks Tighten SF Loan Standards 4th Consecutive Year
By Brian Collins A new Office of Comptroller of the Currency survey will give home builders and Realtors more reason to complain that banks are continuing to tightened their underwriting standards and choke off credit to homebuyers. Free Military Housing Faces a Tough Market
By Paul Burton Amid a lackluster housing market, additional downgrades of military base projects and budgetary uncertainty, adjustment was the theme Thursday at The Bond Buyer's sixth annual military housing privatization conference. Free with Registration Advertisement
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  Thanks!
Curtis D. Harris, BS, CGREA, REB
Bachelor of Science in Real Estate, CSULA
State Certified General Appraiser
Real Estate Broker
ASTM E-2018 Commercial Real Estate Inspector
HUD 203k Consultant
HUD/FHA Real Estate Appraiser/Reviewer
FannieMae REO ConsultantCTAC LEED CertificationThe Harris Company, Forensic Appraisers and Real Estate Consultants
*PIRS/Harris Company and the Science of Real Estate-Partners*1910 East Mariposa Avenue, Suite 115
El Segundo, CA. 90245
310-337-1973 Office
310-251-3959 CellWebSite: http://www.harriscompanyrec.com Resume: http://www.harriscompanyrec.com/rESUME2011.pdfCommercial Appraiser Blog: http://harriscompanyrec.com/blog/IT'S THE LAW-Designation Discrimination is Illegal [FIRREA, Sec. 564.6]: Professional Association Membership http://www.orea.ca.gov/html/fed_regs.shtml#Statement7 Membership in an appraisal organization: A State Certified General Appraiser may not be excluded from consideration for an assignment for a federally related transaction by virtue of membership or lack of membership in any particular appraisal organization, including the appraisal institute.CONFIDENTIALITY/PRIVILEGE NOTICE: This transmission and any attachments are intended solely for the addressee. The information contained in this transmission is confidential in nature and protected from further use or disclosure under U.S. Pub. L. 106-102, 113 U.S. Stat. 1338 (1999), and may be subject to consultant/appraiser-client or other legal privilege. Your use or disclosure of this information for any purpose other than that intended by its transmittal is strictly prohibited and may subject you to fines and/or penalties under federal and state law. If you are not the intended recipient of this transmission, please destroy all copies received and confirm destruction to the sender via return transmittal From: Origination News and Broker Universe [mailto:[email protected]]
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Subject: Cash Buys Continuing