Lyle Allen's (lyleallen) Blog

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Services for Real Estate Pros - DSN Satellite
RECENT BLOG POSTS
TransUnion, the third-largest American consumer credit reporting agency, has recently released a report showing more and more consumers are paying their credit card bills instead of their mortgages. The study revealed that Americans who are current on their credit cards but delinquent on their m...
02/16/2010
In an effort to increase the efficacy of the Home Affordable Modification Program (HAMP), the U.S. Treasury and the U.S. Department of Housing and Urban Development (HUD) recently released new guidelines to assist mortgage servicers in converting trial loan modifications to permanent modificatio...
02/10/2010
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Email not displaying correctly? View it in your browser. Discover Your Character Strengths...Psychology researcher Alex Linely, Ph.D. describes character strengths as "things that we are good at and that give us energy when we are doing them. Using our strengths helps us perform at our best and ...
02/09/2010
MONDAY, FEBRUARY 08, 2010 Last night’s Superbowl game was a great example of the importance of preparation. I could spend a lot of time talking about how each team prepared by reviewing video footage of the other team or completing intense workouts or planning their basic strategy. However, beca...
02/08/2010
U.S. government sets guidelines for documenting Chinese drywall issues The U.S. Department of Housing and Urban Development (HUD) and the U.S. Consumer Product Safety Commission (CPSC) have set up criteria on how homeowners can document that their home is plagued with Chinese drywall. The govern...
02/08/2010
Last week, government-run Fannie Mae (FM) announced it would pay for closing costs on purchases of foreclosed homes in its inventory by qualified buyers. That inventory amounts to nearly 50,000 properties. With so many buyers taking advantage of tax credits, coupled with low mortgage interest ra...
02/05/2010
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Email not displaying correctly? View it in your browser. Staying Positive in a Not-So-Positive Market It's not all rainbows and lollipops out there. Your clients and prospective clients have heard about the state of the nation’s real estate industry. So much of the news is negative, but you have...
02/04/2010
Home staging can help sell your home As a homeowner and prospective seller, you’d like to think that you’re objective about your home, but it’s likely you’re not. I know I’m not - I don’t look at my home as a place for others to live in, but as the place where my husband and I reared our three g...
02/04/2010
Announced last week, FHA-backed mortgages will require higher insurance premiums, better credit scores and a reduction in seller concessions for those applying for an FHA home loan. These changes are hoped to do battle with the rise in delinquencies. The new requirements are: Read the rest of th...
01/28/2010
Many homeowners are struggling with making their monthly mortgage payments on a timely basis. Whether it’s due to a change in employment or an increase in their home loan’s interest rate, the need for help is equally felt. The government’s response has been the Home Affordable Modification Progr...
01/22/2010
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Lyle Allen

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