MGIC to accept alternative credit reports

National Mortgage Professional

May 10, 2007

RealtyTrac redesigns Yahoo! Real Estate Web siteMortgagePress.comNationwide foreclosures RealtyTrac has announced a newly redesigned Yahoo! Real Estate Foreclosure Center, accessible at http://realestate.yahoo.com/Foreclosures. The new center integrates three key functions: the ability to search for foreclosures; analysis of trends in the foreclosure market; and education about buying properties in foreclosure. Irvine, Calif.-based RealtyTrac Inc. is an online marketplace for foreclosure properties. For more information, visit www.realtytrac.com. The Yahoo! Real Estate Foreclosure Center is owned by Sunnyvale, Calif.-based Yahoo! Inc., a global Internet services company. For more information, visit www.yahoo.com.

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May 10, 2007

Analysis and Data

New Home Sales Dip In October But Remain Strong Year-Over-Year

October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.

New data from the U.S. Census Bureau and the Department of Housing and Urban Development shows that new single-family home sales in October dipped, reaching a seasonally adjusted annual rate of 679,000. While this figure reflects a 5.6% decline compared to the revised Septem...

People On The Move

Five Leaders Appointed At Mortgage Subservicer

Cenlar promotes, appoints five to leadership roles

Mortgage subservicer Cenlar FSB recently announced the appointment and promotion of five leaders. The Ewing, N.J.-based company appointed two new directors and promoted three leaders to new positions. “I want to welcome our new directors and con...