California expands 'Hardest Hit' eligibility for distressed homeowners

Is this email not displaying correctly? View it in your browser  |  Prefer mobile version? LOWESREALTORBENEFITS.COM LOWES MOVING LOWES.COM INMAN.COM DAILY REAL ESTATE NEWS April 7, 2011 California expands 'Hardest Hit' eligibility for distressed homeowners By INMAN NEWS  California has expanded the pool of borrowers who could qualify for three programs aimed at helping families at risk of losing their homes, by making those who tapped their home equity or who took out loans after Jan. 1, 2009, eligible for assistance. Loan delinquencies fall 14% The number of homeowners who were behind on their mortgages was dramatically lower in February than at the same time a year ago, but the number of homes in foreclosure edged up slightly, according to the latest analysis by mortgage loan data aggregator Lender Processing Services. Continued » Market share of Google's Android platform on the rise About 33 percent of smartphone users 13 and up owned Android-equipped smartphones during the three months ending in February, further strengthening Google Android's position as the most popular platform, according to a report by metrics company comScore, Inc. released Friday. Continued » MRIS licenses real estate listings to RPR Realtors Property Resource LLC has signed an agreement with the nation's largest multiple listing service — Rockville, Md.-based Metropolitan Regional Information Systems Inc. — plugging a gap in the national property database's listings coverage on the Eastern seaboard. Continued » 'Risk retention' proposal triggers industry outcry A proposal that would require that companies securitizing mortgages retain 5 percent of the risk on all but the safest loans could leave borrowers who are unable to put at least 20 percent down on a home purchase paying higher fees and interest rates, critics say. Continued » More News Stories New York brokerage launches iPhone app Sell later, sell higher? A reality check Mortgage rates resume upward march Trulia rolls out iPad and Android apps CoreLogic Web app automates loan mods Beyond the link: How search, media and the way we consume information on the Web is changing – fast Doug Imbruce, CEO of Qwiki – winner of this year's Techcrunch Disrupt – will blow you mind and open your eyes. Watch the video Future of Real Estate Marketing How Real Estate Agents Can Take Their Neighborhood Expertise to the Next Level: HomeElephant Ask any number of REALTORS® what is one thing they feel like they are an "expert" in, and they will most likely say "the neighborhood they work in." One of the best parts of working with a local REALTOR® is the expertise they have about your local community and neighborhoods. However, sometime neighborhood information is fragmented with certain key elements missing. Continued » Use our free toolkit to send your buyers and sellers customizable direct mail and email with co-branded tips, Lowe's coupons, discounted gift cards, and more. FREE Direct Mail — 10% off Lowe's coupon Send personalized direct mail with your own message, logo and picture. Learn more » First Time Home Buyers Guide! Send a FREE Lowe's Creative Ideas First Time Home Buyers Guide. Learn more »   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. customerservice@inman.com  -  800-775-4662  -  www.inman.com This newsletter is intended for: roballeyrealtor@gmail.com If you wish to edit your subscription or unsubscribe from Lowe's Daily e-News, please click here. 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.