Wednesday, March 2, 2011

DataQuick Releases Home Sales Data; Bank of America Records Loss

This weeks video is a slideshow of a few big news stories of the week. The video discusses the real estate market, including recent numbers released by DataQuick regarding the sale of new homes and condos, the states where foreclosures have remained delinquent the most number of days, Fannie Mae's expected forecast for the housing market, the number of foreclosure claims released by RealtyTrac, and Bank of America's reported net loss. Upcoming events include NorcalREIA, the Advanced Investing Skills and Strategies for Quadrant 2.5 with NorcalREIA and the Wealth Cruise, all in March . This video is a follow-up to the Norris Group's real estate blog. To check out the full stories, go to http://www.thenorrisgroup.com/blog/category/news/.

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CoreLogic Reports Price Declines; Mortgages Decrease

This weeks video is a slideshow of a few big news stories of the week. The video discusses the real estate market, including the recent audit John Liu asked Wells Fargo, JP Morgan, Citibank, and B of A to conduct, the increase in net income from the previous year taken in by reserve banks, the decline in home prices according to CoreLogic, and the reported decrease in mortgages. On the radio this week is Rachel Dollar, who hosts her own site The Mortgage Fraud blog. Upcoming events include the Advanced Investing Skills and Strategies for Quadrant 2.5 with NorcalREIA and the Wealth Cruise, both in March . This video is a follow-up to the Norris Group's real estate blog. To check out the full stories, go to http://www.thenorrisgroup.com/blog/category/news/.

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Banks To Settle With Attorney Generals On Foreclosure Practices

This weeks video is a slideshow of a few big news stories of the week. The video discusses the real estate market, including the new bill signed by President Obama, the National Credit Union Stabilization Act, a list of the first banks to settle with the U.S. attorney generals on foreclosure practices, the increase in unemployment in metropolitan areas, and the current debt limit. Upcoming events include thePrivate investment Forum with IRA Services Trust and the Advanced Investing Skills and Strategies for Quadrant 2.5 with NorcalREIA. This video is a follow-up to the Norris Group's real estate blog. To check out the full stories, go to http://www.thenorrisgroup.com/blog/category/news/.

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Wells Fargo Pays $32 Million To 15,000 Owners With Foreclosed Homes

In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including recent numbers released including the 21% increase in new home permits and the $609 million in distressed assets auctioned off, Wells Fargo's agreed payment of $32 million to 15,000 owners with foreclosed homes, and and $2 billion in loan modifications on adjustable mortgages, and Tom Miller in favor or criminal prosecution for those involved with robo-signing. He also discusses upcoming events including the radio show with John Daurio and lets everyone know that we will be going on break beginning December 24-January 2. This video is a follow-up to the Norris Group's real estate blog. Merry Christmas!

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Friday, December 17, 2010

Geithner Gets Hammered, Less Foreclosure on HELOCs, and HR 6460

In this week's video, Aaron Norris of The Norris Group discusses housing data released by DataQuick and First American CoreLogic, the increase in housing starts according to the NAHB, Timothy Geithner's defense of the TARP program and HAMP modifications, the reason for people defaulting according to the Federal Reserve Bank of Philadelphia, the Dodd-Frank Act, and the proposed H.R. 6460 bill which would disallow Fannie and Freddie from buying loans in the MERS system. He also discusses upcoming events including the radio show with John Daurio of Kondaur Capital Corp. and lets everyone know that The Norris Group will be on break beginning December 24-January 2. See thenorrisgroup.com for more info on hard money loans and tngtrustdeeds.com for information on trust deed investing.

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Friday, December 10, 2010

Economic Reports from Zillow & Fitch and Obama vs. Mortgage Tax Deduction

In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including housing numbers released by Zillow, Fitch, and Morgan Stanley, the recent report released by Fannie Mae regarding the housing market, the principle reduction program in conjuction with FHA as discussed by the Obama Administration, and the recent mortgage interest tax deduction. He also discusses upcoming events including the radio show with Tom Anderson, and the SDCIA December event in San Diego. This video is a follow-up to the Norris Group's real estate blog.

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Friday, December 3, 2010

Unemployment and FDIC Discloses Recipients of TARP Funds

In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including numbers released by Freddie Mac and jobless claims, the FDIC's releasing of names and dollar amounts of banks that received emergency funding, a recent report released by Inside Mortgage Finance regarding the buying of foreclosures, and the dual track for foreclosures. He also discusses upcoming events including the radio show with Tom Anderson, and the December events in San Diego. This video is a follow-up to the Norris Group's real estate blog.

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