News for you from Unifirst Mortgage provided by the Zappa Team January 31, 2012

Real Estate Agent with Eagles Wings Realty

Here are some great news articles brought to you by The Zappa Team, Montrose Colorado's Real Estate Experts.

For Relocation information and REO and Foreclosures contat the Zappa Team


Top News
Who benefits from possible $25B mortgage settlement?
USA Today - After nearly a year of negotiations, federal and state officials and major mortgage servicers are moving closer to a multibillion-dollar settlement over alleged foreclosure and mortgage loan-servicing abuses. A deal could be finalized by early February, some officials say, although that's not a certainty. And its terms could change.
U.S. regulators close 4 banks; 2012 tally at 7
MarketWatch - Regulators closed four more banks in the U.S. Friday, raising the nationwide tally of failures so far in 2012 to seven, according to the Federal Deposit Insurance Corp.

Market News
Real Estate Weekly: Foreclosures smaller share of home sales
MarketWatch - Sales of foreclosures accounted for 20% of all U.S home sales in the third quarter of last year, according to a report from RealtyTrac, released this week.
Tight-fisted mortgage lenders pressure home sales
MSNBC - Today, nearly 90 percent of mortgage applications require full documentation. That’s much higher than the pre-bubble level. You’ll also have to show a much higher
Fed Says Business-Loan Demand Climbs as Economy Quickens
BusinessWeek - Demand for business loans increased in the fourth quarter as economic growth accelerated, according to a Federal Reserve survey of senior loan officers at banks.
States where people carry the most mortgage debt
MSNBC - No state had a more dramatic downfall in its housing market during the recession than Nevada. In 2006, nearly 40,000 building permits were approved in the state, a nation-high average of 15.8 per 1,000 people

Technology News
Tech companies team up to combat e-mail scams
USA Today - Google, Facebook and other big tech companies are jointly designing a system for combating e-mail scams known as phishing. Such scams try to trick people into giving away passwords and other personal information by sending e-mails that look as if they come from a legitimate bank

Other News
It may be time to buy, but is it time to sell yet?
MarketWatch - Many Americans say now is a good time to buy a home, thanks to record-low mortgage interest rates and bargain home prices that are boosting affordability. But is it a good time to sell a house? That’s a different story.
Reverse Mortgages: Big Potential, Small Results
US News & World Report - Reverse mortgages should be a breakout product of demographic destiny. Millions of older Americans are hurtling toward very uncertain retirements. Survey after survey documents a serious lack of retirement planning and nest eggs too small to support even
Tenants Get Ever More Efficient with Space Needs - Each and every morning, we deliver the important stories, data, analysis…as well as the opinions and insights of

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Eagles Wings Realty, Montrose, Colorado

In the Heart of the San Juan Mtns. in Southwest Colorado 970-901-0434

Home of the Black Canyon National Park, The San Juan Mountains, unlimited recrecational  opportunitys, Mtn. Biking, Hiking, Golf, Fishing, Camping, White Water sports, Hunting

 "too many things to do, not enough time"

The information contained in Nick's blog is deemed reliable but is not guaranteed, and the opinions and views expressed in these articles are solely those of the author.


For information on Distressed properties contact us at

 I appreciate hearing from you!








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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Hi Nick.....hope all is well with you.....have you been busy?  have fun watching the superbowl.....Go Patriots!!!

Jan 31, 2012 07:51 AM #1
Nick Zappa
Eagles Wings Realty - Montrose, CO
Professional treatment of our clients, brings awes

It should have been the Broncos --- they sure beat em up. I like the Pats.

We have been busy, seems like some buyers are finally coming out of the woodwork.

Jan 31, 2012 08:01 AM #2
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Nick Zappa

Professional treatment of our clients, brings awes
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