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    • Mortgage Rates Above 5% as 2009 Ends December 31, 2009
      The year ends with mortgage rates just over 5%, according to mortgage giant Freddie Mac (FRE: 1.47 +3.52%). According to Freddie’s weekly survey, the 30-year fixed-rate mortgage (FRM) averaged 5.14% with an average 0.7 point for the week ending Dec. 31. The rate is up from last week’s 5.05% and from the same last year when [...]
    • HUD Eliminates 1% Cap on FHA Mortgages December 31, 2009
      The US Department of Housing and Urban Development (HUD) removed the 1% origination fee cap on loans insured by the Federal Housing Agency (FHA), according a mortgagee letter sent out this week. HUD made the change to remain consistent with the Real Estate Settlement Procedures Act (RESPA), which will require mortgage lenders to disclose to borrowers [...]
    • A look back: HW’s Top Stories of 2009 December 31, 2009
      The end of the year is upon us — and what a year it’s been! Here’s a look at the top 5 most-read stories from HW this year. A Game of Credit Cost Smoke and Mirrors at Wells Fargo? Paul Jackson, April 9, 2009 This story about potential lurking credit costs at WFC caught the collective imagination of [...]
    • UK Home Prices Climb 5.9% in 2009: Nationwide December 31, 2009
      Home prices in the UK climbed 5.9% in 2009, according to a report from the Nationwide Building Society. The average price of a home in the UK landed at £162,103 ($257,105) to end the year with an 8.9% rebound from their lowest point in February 2009, according to Martin Gahbauer, Nationwide’s chief economist. Prices in the UK [...]
    • Treasury Pumps $3.8bn More Into GMAC December 31, 2009
      The U.S. taxpayer now owns a majority interest in GMAC Financial Services, which this week received a capital infusion of $3.79bn from the US Treasury Department. The latest government-led effort to bolster GMAC’s capital base comes as part of a year-end effort to close a capital shortfall, per government stress tests conducted in May 2009. The [...]

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Member Insight

Hi blog readers~

Welcome to the Paradigm blog.  2008 has been dedicated to ‘positive growth’ and the only way to achieve this is through evaluating and re-evaluating everything that we’ve got going on.  As you’ve no doubtedly noticed we’ve taken on a new website, a new blog site, new products, new relationships, and look forward to the growth of the industry.  This is how serious we are taking the philosophy of ‘positive growth’.

Now we need YOU!  Let’s see more of your thoughts, words, and experiences on this page.  The “Member Insight” page is about the members.

Bring us your best or your worst, whatever it is – let’s hear it.

No Responses Yet

  1. Pauline A. Fernandez, on September 9th, 2008 at 6:04 pm Said:

    As you can guess, I am a RE agent in a flat market, trying to get listings in a conventional way and going broke as the sun sets.
    I just enrolled with NFSTI and my hope are again “High.”
    I want to do great in the reo business but lack the direction.
    Give me some advise.
    thanks.

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