QRM

Areas Hit Hardest By Crisis Were Positively Effected By Freddie Mac’s Take Root Program

  Today’s News Synopsis:   The homeonwership rate decreased in the second quarter to its lowest in almost 50 years at 63.4%.  The program established by Freddie Mac after the housing crisis called the Take Root Program has proven very useful in areas hit hardest by the crisis.  The House Committee is reviewing Dodd-Frank to …

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I Survived Real Estate 2014

I Survived Real Estate 2014 Part 4 #409

On Friday, October 24, the Norris Group proudly presented its 7th annual award-winning black-tie event I Survived Real Estate. An incredible lineup of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research …

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Capitol Economics Optimistic About Economic Recovery After Seeing Increase in Existing Home Sales

Copyright: Image from www.pallspera.com       Today’s News Synopsis: Existing home sales increased by 2.4% last month to a 5.17 million annual rate, leading organizations like Capital Economics to be optimistic about the economy improving.  The Mortgage Bankers Association is also optimistic mortgage originations will increase 7% in 2015.  A new QRM rule is in …

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Beth Peerce of NAR Joins Bruce Norris on the Real Estate Radio Show #376

Bruce Norris is joined again this week by Beth Peerce. Beth is the vice-president of the National Association of Realtors. She is also the broker/owner of Primetime Properties in Century City, California and has been a broker for over 35 years. In addition, she has won several awards for being the realtor of the year in …

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Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #366

Bruce Norris is joined again this week by Cary Pearce. Cary is the production manager for Provident Bank Mortgage. He is in the Inland Empire, and they do about $20 million a month. He has been with them for four and a half years and has been in the industry for 28 years. The good …

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Debra Still with the Mortgage Bankers Association #350

On Friday, October 18, The Norris Group proudly presents its 6th annual black tie event I Survived Real Estate. An incredible line-up of industry experts joins Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude’s Children’s Research …

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The Norris Group Real Estate News Roundup 8/28/13

Today’s News Synopsis: According to the latest Mortgage Bankers Association survey, mortgage applications decreased by 2.5% from last week.  Pending home sales also decreased 1.3% month-over-month in July.  Regulators are proposing a new QRM plan to put less pressure on mortgage-risk. In The News: Housing Wire – “Multifamily demand outpaces supply” (8-27-13) “As home prices …

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David Kittle

David Kittle of the Mortgage Collaborative Joins Bruce Norris on the Real Estate Radio Show #321

Bruce Norris is joined again this week by David Kittle. David is the senior director of industry relations for IMARC, a fraud investigation company located in Santa Ana. He manages IMARC’s Washington D.C. office. He is the past chairman of MBA’s political action committee MORPAC and former vice-chairman of MBA’s residential board of governors. He …

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