Chase relocates Newtown branch

Mar 01, 2007

RealtyTrac partners with auctioneer Williams and WilliamsMortgagePress.comForeclosure online auctions RealtyTrac has partnered with Williams & Williams, to host a national database of bank-owned property auctions. "As the inventory of foreclosure properties continues to rise, banks are turning to real estate auctions as an efficient method for selling off inventories of repossessed, or 'REO,' property," said RealtyTrac CEO James J. Saccacio. "We wanted to make sure our customers didn't miss out on these auctions, which represent yet another opportunity to successfully invest in real estate." Based in Irvine, Calif., RealtyTrac is an online marketplace for foreclosure properties. For more information, visit www.realtytrac.com. Williams & Williams is a global real estate auctioneer based in Tulsa, Okla. For more information, call (800) 801-8003 or visit www.williamsauction.com.

About the author

National Mortgage Professional

Link copied

Published

Mar 01, 2007

Regulation and Compliance

Bank Mergers Face Additional Scrutiny By FDIC

FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.

Bank mergers are expected to face increased scrutiny after the Federal Deposit Insurance Corporation (FDIC) Board of Directors approved a Final Statement of Policy (Final SOP) to its Bank Merger Transaction guidelines, finalized on September 17. The board also voted 3-2 i...

Analysis and Data

NAR Reports August Sales Slump, Aligning With Broader Industry Data

August sales dip, but analysts eye year-end comeback with lower rates and rising supply

Although existing-home sales fell again in August, lower mortgage rates and rising supply could propel a resurgence before the year ends. Existing-home sales retreated 2.5% in August to a seasonally adjusted annual rate of 3.86 million, sliding 4.2% from one year ago, th...