Hi Everyone,
Here are some links that will be mentioned in class today.
Here’s a link to the BPO-R website.
Here’s a link to the WA State Bar Association….with info on the foreclosure mediation program.
Here’s the definition of a BPO….from our WA State Licensing Law.
Here’s the article that explains the mortgage market share, showing 96.5% of all loans made today are somehow supported by the federal government.
Here’s that cool interactive map from the New York Times showing the percentage of subprime loans made in each county in WA.
Here’s the link to the Graph Gallery. The menu is across the top. Click on “Delinquencies.”
there was a suggestion to use the Marshall and Swift book to get some help with how to adjust comparable sales.
There was a comment about shrinking inventory…Here’s an article that shows the seasonality of declining inventory this time of year and how it looks like our home values are also going down along with inventory. Interesting graphs.
Here are some news stories that broke this afternoon: Fannie/Freddie/FHA REO Inventory, plus Fannie Mae still bleeding $ each quarter, and a request for a review of executive pay at F&F.