Company Newsletter and Events
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Foundation Title Newsletter 

April 2012


Attorney Spotlight
Mark Leedon
Mark Leedon
mark@foundationtande.com
615-618-3060

Mark Leedom is a graduate of the University Of Tennessee
College Of Law with over 35 years of legal experience, the last 15 of which has been
devoted to real estate and title practice. His area of expertise is abstracting and correcting
title defects.

March Events

04/05
Thurday Therapy Murfreesboro Nobody's Sports Grille

04/12
Thursday Therapy
Clarksville

04/19
Thursday Therapy
Green Hills

04/20
Williamson County Hot Properties/Show and Sell-WCAR

04/26
Blings and Bowties
WCAR
Freddie CEO Signals GSE Principal Reduction Could Be Soon
"Freddie Mac CEO Charles "Ed" Haldeman gave a strong signal Friday that new incentives from the Treasury Department may be enough to start principal reduction on mortgages backed by the government-sponsored enterprises."
READ FULL ARTICLE HERE 
Bidding Wars Erupt as U.S. Supply of Homes for Sale Falls
"Matthew and Carina Hensley offered $10,000 more than the asking price for a three-bedroom house in suburban Seattle, then lost out to one of seven other bidders... Bidding wars, absent from most parts of the U.S. residential market since its peak in 2006, are erupting from Seattle and Silicon Valley to Miami and Washington, D.C."
READ FULL ARTICLE HERE 


It's a Good Time To Refinance
"For homeowners who have been waiting for interest rates to fall even further before refinancing, it might be time to pull the trigger on a deal."


MBA Calls For Better Defined QM Guidelines
"As the deadline approaches to finalize the much-ballyhooed qualified mortgage proposal, David Stevens, president of the Mortgage Bankers Association, rallied for a more specific standard."


HousingPulse Survey Reveals More Investors Pursuing Short Sales
"Investors are making it a practice to endure through obstacles that come with the discounted price of short sales and pursued them at a greater pace in February compared to previous months, according to the latest results of the monthly Campbell/Inside Mortgage Finance HousingPulse Tracking Survey."


Sales of New Houses in U.S. Fall for Second Month
"Purchases of new homes in the U.S. unexpectedly fell in February for a second month, a sign the recovery in the housing market may be uneven."
READ FULL ARTICLE HERE 
FHA To Deny Mortgage Backing For Credit Disputes above $1,000
"Beginning April 1, potential borrowers with ongoing credit disputes totaling more than $1,000 will not be able to get a mortgage insured by the Federal Housing Administration."
READ FULL ARTICLE HERE 


Fannie: Single-Family Rental Growth Won't Infringe on Multifamily
"As the government begins to tiptoe into the REO-to-rental arena after many months' deliberation and input from thousands of industry participants, Fannie Mae released a data note on the single-family rental market."
 







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