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LOS ANGELES Studley Taps Media Services Exec as Managing Director Studley promoted office specialist Robert Cavaiola to managing director. The former associate director is based in West Los Angeles and works with companies in the entertainment, media and technology-related industries. Cavaiola’s 15-year tenure at Studley started after he completed his studies at UCLA. His accomplishments [...]
A new report released by the Aite Group examines the home loan market from the perspective of regulated financial institutions—namely banks and credit unions. It analyzes the value proposition of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, explores the existing home mortgage portfolio and bond market, considers alternatives to existing structural and regulatory [...]
[update 1: includes more discussion of Ginnie Mae's repurchase policy] Ginnie guarantees the timely payment of interest and principal to investors in MBS collateralized by Federal Housing Administration and Veterans’ Affairs mortgages. The FHA directed servicers last week to place borrowers into a three-month trial before providing a permanent modifications if they meet a specific [...]
West Chester, Pa. Creativity is nothing new for Chester and Delaware County, PA realtor Don Dowd. Don has become a top realtor in Delaware and Chester Counties through a combination of unique marketing techniques like luxury magazine listings, real estate broker open houses with giveaways of valuable merchandise, and strategic alliances with top professionals from [...]
The inventory of Freddie Mac REOs and Fannie Mae foreclosures for the first quarter of the current year, along with distressed properties from the U.S. Federal Housing Administration (FHA) for January-February 2011, has declined in the U.S. compared with the previous three months. However, when compared with one year ago, inventories were actually up by [...]