Fannie Mae’s Defaults Sink to 2 Year Low - 09/08/11 01:34 PM
In recent news there have been signs indicating defaults are slowly but steadily declining as more homeowners pay their mortgages on time. The percentage of mortgages in default more than 60 days in Fannie Mae’s portfolio have fallen to the lowest level in two years. This is great news and gives hope to some in the real estate market that things are starting to stabilize, at least for the time being.
Defaults of conventional mortgages were reported to have fallen to 4.08 percent in June and July. Serious defaults peaked in February 2010 when they reached 5.59 percent of all … (1 comments)

Investment, Rentals & the Future - 09/05/11 07:19 PM
In today’s real estate market it’s important to consistently seek new information and trends to stay ahead of the pack. In a recent interview with Cheryl Russell, (Russell's company, New Strategist Publications, recently published its third edition of "Americans and Their Homes: Demographics of Homeownership.") Russell urges those in the housing industry to look at new ways to grow, and her solution lies in rentals. Some Highlights of the Interview are below.
Interview by Mary Umberger, Monday, August 22, 2011. Inman News.
The rental market is "a possible savior for many segments of the housing market," said Russell, a demographer who … (0 comments)

 
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Eric Harlington

Puyallup, WA

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PrimeLending, Plains Capital Bank Company

Address: 812 E Main, Puyallup, Wa, 98372

Office Phone: (253) 238-0025

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