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To The Students from the July 20, 2009 Short Sale Class at SKCAR Bellevue

Hi Everyone,

Here’s the follow up from today’s class. 

Here’s the story about the Federal Home Loan Bank that appeared in Sunday’s Seattle Times.

Here is the link to the MyFico website that shows the various moving parts to a person’s credit score.

We talked about mortgage insurance companies today. Here’s the story on MGIC.

There was interest in taking a look at the website that can map out homes that are short sale v. REOs in a given neighborhood. Matthew Padilla from the OC Register posted this story (click through to see an example of a map) that mentions Foreclosure Radar. Well, now that I’ve spent some time looking at their website it looks like they’re California only.  However, with the new NMLS rules in place directing listing agents to check a box when a listing is a short sale or foreclosed REO, we should be able to create similar maps for the NWMLS service area. Yes? No? You tell me. If not, this opens up a window of opportunity for some company out there to aggregate that data for us.

And I also mentioned a fabulous website that I visit multiple times a day, CalculatedRiskBlog because CR reads the finance and economics news and posts the news in easy to digest formats. He has had a couple of great posts lately about how to find the bottom in housing.

Thanks for a fun class today!

 

 

206-931-2241 or jillayne@ceforward.com