MGIC to accept alternative credit reports

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

Homes With Negative Equity Jump In Third Quarter

“I am surprised to have seen some of the increases in home prices," CoreLogic's chief economist says.

With home prices projected to enter a period of deceleration over the course of 2025 and 2026, a new report shows that the share of negative equity rose in the U.S. from the second quarter to the third quarter — the first quarterly rise since the fourth quarter of 2022. W...

People On The Move

Jason Lee New President Of The Loan Store

The former Flagstar Executive to steer The Loan Store through next phase of "aggressive growth"

The Loan Store, a leading wholesale mortgage lender, has tapped industry veteran Jason Lee to be its new president. With a career spanning more than two decades in the mortgage and banking industries, Lee is expected to bring expertise in capital markets, leadership, and ...