 Dubbed a "groundbreaking agreement" by Shaun Donovan, national institutions representing 75% of the REO marketplace say they will give NSP grantees the first crack at bank-owned properties. | MBA: Commercial Delinquency Levels Vary By Investor GroupsSep. 2, 2010 Delinquency rates for commercial/multifamily mortgage investor groups in the second quarter were mixed, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report. The delinquency rate for loans held in commercial mortgage-backed securities (CMBS) is the highest since the [read more] GSEs Sound Off On Responsible REO Salesby John Clapp, Sep. 2, 2010 Selling real estate owned (REO) properties to owner-occupants and buyers who qualify for publicly funded housing programs remains an overarching goal of the government-sponsored enterprises (GSEs), according to two articles written by GSE executives and published this week. Despite [read more] | | | | | | | News | Polk County FC Sales Move OnlineSep. 2, 2010 Richard Weiss, Clerk of the Circuit Court in Polk County, Fla., has launched a new foreclosure sale site that he says will increase the number of potential buyers for [read more] MBA: Refinance Index Hits New HighSep. 1, 2010 The Mortgage Bankers Association's (MBA) Market Composite Index for the week ending Aug. 27 increased 2.7% on a seasonally adjusted basis from one week earlier and 2.3% on an [read more] | | | | | | | | |