A Call For Clarity At The Closing Table

Here is your daily news for March 2, 2011 Having trouble seeing this email? Click to view it as a web page. Prefer Mobile Version?

LowesRealtorBenefits.com

Lowe's Moving

Lowes.com

Inman.com

March 2, 2011
	Produced by Sponsored by

A call for clarity at the closing table By Tom Kelly A big piece of the current mortgage mess can be traced to the fact that borrowers were hit with loan presentations that seemed too good to be true. Mortgage money was easy to obtain, and some lenders raced to sign up as many customers as they could and pocket the loan fees. They didn't really care if the borrower could actually afford the loan they were signing.

 

Consumer group defends low down payments Full underwriting and reasonable debt-to-income ratios are a better way to "get back to basics" in mortgage lending than requiring homeowners... Continued HUD ramps up grants to fair housing groups Federal housing regulators are boosting grant funding by 48 percent to fair housing groups and nonprofit agencies that educate the public... Continued Long & Foster launches neighborhood reports The launch is an expansion of the Long & Foster Market Minute reports, which include units sold, active inventory, median sale price, months... Continued FHA concessions on seller concessions? There's some good news brewing at the U.S. Housing and Urban Development Department that could save thousands of home sales... Continued More News Stories Foreclosure starts down, inventories up Avoid common money mistakes Best protection for garage water heater future of Real Estate Marketing • There's No Whining in Real Estate – 2 Ways to Differentiate Yourself • 2 Easy Ways to Work Smarter Using Social Media • Top 5 Social Media Blunders New Kids on the Block From Discover super-cool new companies and the entrepreneurs bringing them to life as they give you their pitch. View it online now

 

Important Information from Lowe's Are you involved with buying and/or selling foreclosed properties? Look no further than Lowe's and the Lowe's Program for REALTORS®. Log into your LowesRealtorBenefits.com account to download and print a special 10% coupon for your next purchase at Lowe's.

 

About Inman News™ | Agents and brokers around the world turn to Inman News first for accurate, innovative and timely information about the industry. Known for its award-winning journalism, cutting-edge technology coverage and forward-thinking conferences, Inman News is the leading independent source of real estate news, education and insight.

 

If you wish to edit your subscription or unsubscribe from Lowe's Daily e-News. Lowe's Customer Care(CON8) 1065 Curtis Bridge Rd. Wilkesboro, NC 28698. © 2011 by Lowe's®. All rights reserved. Lowe's and the gable design are registered trademarks of LF, LLC. customerservice@inman.com - 800-775-4662 Option 1 - www.inman.com