RISMEDIA, August 20, 2007—(MCT)—The stock markets fell in early trading Thursday in part because a financial analyst raised concerns about the liquidity of Countrywide Financial, the nation’s largest home lender by volume. The dramatic shift in fortunes for what Wall Street had long considered the most stable mortgage company came in the wake of the… Continue reading What If Your Lender Goes Bust?
Author: Beth McGuire
Recently promoted to Vice President, Online Editorial, Beth McGuire oversees the editorial direction and content of RISMedia’s websites, and its daily, weekly and monthly newsletters. Through her two decades with the company, she has also contributed her range of editorial and creative skills to the company’s publications, content marketing platforms, events and more.
How Market Jitters Could Affect You
RISMEDIA, August 20, 2007—(MCT)—The Federal Reserve last Friday tried to ease investor concerns by pumping $38 billion into the financial system. Banks have become averse to taking risks following the meltdown of so-called subprime loans, which were given to borrowers with weaker credit histories. But Wall Street is still jittery. Does this mean it will… Continue reading How Market Jitters Could Affect You
HomeVestors Issues Free Report on Seven Secrets of Successful Real Estate Investing
RISMEDIA, August 20, 2007—Psst. It’s a secret to many, but one company is sharing why plenty of people are still buying houses and finding success in residential real estate investing across the U.S. despite the fluctuating economy. HomeVestors of America, the company famous for its “We Buy Ugly Houses®” billboards, has released a free special… Continue reading HomeVestors Issues Free Report on Seven Secrets of Successful Real Estate Investing
How to Retain Good Employees
By Gregg Gregory RISMEDIA, Dec. 29, 2007—Vickie left the mortgage company she worked with for several years for a competitor and a promotion. No one could blame her for leaving; after all, she had
NAR PULSE: Learn to Become a Billion Dollar Agent
RISMEDIA, August 17, 2007—“Billion Dollar Agent – Lessons Learned” is a new book based on interviews with 70 top real estate agents who have sold over $1 billion in their career, or are on track to do so. Imagine saving 5-10 years of trial and error by building a solid business, delegating to others, and… Continue reading NAR PULSE: Learn to Become a Billion Dollar Agent
Countrywide Draws Down Credit Line to Fund its Business
By Greg Morcroft RISMEDIA, August 17, 2007—(MarketWatch)—Troubled mortgage lender Countrywide Financial said it has been forced to tap an $11.5 billion credit facility to fund its operations as difficulty raising money in the credit markets threatened its business. The firm also said it has accelerated its plans to migrate its mortgage production operations into Countrywide… Continue reading Countrywide Draws Down Credit Line to Fund its Business
The Nation’s Mayors Take Action on Subprime Mortgage Foreclosures
RISMEDIA, August 17, 2007—The United States Conference of Mayors, under the leadership of Conference President Trenton Mayor Douglas H. Palmer, is calling on the Federal Reserve Board to use its authority under the Home Ownership and Equity Protection Act (HOEPA) to protect homeowners from abusive practices which often result in mortgage foreclosures. In the letter… Continue reading The Nation’s Mayors Take Action on Subprime Mortgage Foreclosures
Why It Makes ‘Cents’ to Include a New Garage Door in Your Home Remodeling Project
RISMEDIA, August 17, 2007—According to an online survey, 71% of homeowners who recently replaced their garage door believe it increased the value of their home. And when real estate agents were shown “before” and “after” photos of houses that upgraded with new, stylish garage doors, they increased the estimated list price of the home anywhere… Continue reading Why It Makes ‘Cents’ to Include a New Garage Door in Your Home Remodeling Project
Condos Add Pet-Friendly Amenities
RISMEDIA, August 17, 2007—(MCT)—When Georgia Tech chemistry professor Steven Giradot decided to find a new home closer to his job, he had to account for something besides his own preferences in choosing the next place to live. He had to think about Junior and Sidney. Especially Sidney, who is an energetic Jack Russell terrier. Giradot… Continue reading Condos Add Pet-Friendly Amenities
Got Mold? Mold Remediation Gives You A Tax Deduction
RISMEDIA, August 17, 2007—Did you know that if you are a landlord or a homeowner and you have to have mold removed from your home, it is tax deductible? It qualifies as a repair that has to be done to protect the investment of your home. The costs that you will incur from removing mold… Continue reading Got Mold? Mold Remediation Gives You A Tax Deduction