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Review finds FHA mortgage insurance fund short $13.5 billion

Review finds FHA mortgage insurance fund short $13.5 billion | Real Estate Plus+ Daily News | Scoop.it

An audit of the financial situation at the Federal Housing Administration finds the mutual mortgage insurance fund is short a projected $13.48 billion.

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IDX Policies Proposed to Go More Broker-Friendly

IDX Policies Proposed to Go More Broker-Friendly | Real Estate Plus+ Daily News | Scoop.it

Most real estate agents and brokers use IDX to simply display MLS listings or home search tools on their website, but as home buyers have become more Internet-savvy, IDX has evolved to encompass more.  Agents today have the option to use basic home search tools provided by their MLS, or build more advanced IDX solutions; usually with the help of an IDX vendor.

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Auction.com Chair and Co-founder Rob Friedman Named Internet Person of the Year

Auction.com Chair and Co-founder Rob Friedman Named Internet Person of the Year | Real Estate Plus+ Daily News | Scoop.it
Rob Friedman, chairman and co-founder of Auction.com, LLC, the nation’s leading online real estate marketplace, was named Internet Person of the Year by the Internet Marketing Association.
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Former defense consultant brings 'big data' chops to Black Knight

Former defense consultant brings 'big data' chops to Black Knight | Real Estate Plus+ Daily News | Scoop.it
Dan Kenshalo, a longtime "big data" consultant for the U.S. Department of Defense, is now the new head of Black Knight Financial Services' "innovation laboratory," part of its data and analytics division.
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Census Bureau: Homeownership continues to drop

Census Bureau: Homeownership continues to drop | Real Estate Plus+ Daily News | Scoop.it
The national vacancy rate hovered around 7.4% for rental housing and 1.8% for homeowner housing, barely moving from the second quarter’s results.
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S&P Case-Shiller: Home-price growth continues to slow

S&P Case-Shiller: Home-price growth continues to slow | Real Estate Plus+ Daily News | Scoop.it
Home-price growth continues to slow, according to the latest S&P/Case-Shiller Home Price Indices for August 2014, with Sunbelt cities leading the pack in declines.
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In This Airplane Redesign, No One And Everyone Gets A Window Seat

In This Airplane Redesign, No One And Everyone Gets A Window Seat | Real Estate Plus+ Daily News | Scoop.it

The reduced weight would lower airplanes’ fuel consumption and travelers’ carbon footprints. With 3.1 billion people traveling by air each year, those savings would add up fast.

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Pending Home Sales Hold Steady in September

Pending Home Sales Hold Steady in September | Real Estate Plus+ Daily News | Scoop.it

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched  0.3 percent to 105.0 in September from 104.7 in August, and is now 1.0 percent higher than September 2013 (104.0). The index is above 100 for the fifth consecutive month and is at the second-highest level since last September.

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Future Fords will brake for pedestrians automatically

Future Fords will brake for pedestrians automatically | Real Estate Plus+ Daily News | Scoop.it

A windshield-mounted camera and radar located near the bumper scan the roadway and provide warnings to the driver if a collision risk is detected, and if the driver fails to respond promptly enough, the system can automatically brake, applying full force if necessary.

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Google exec sets new high-altitude skydiving world record

Google exec sets new high-altitude skydiving world record | Real Estate Plus+ Daily News | Scoop.it

Google exec, Alan Eustace, has broken the 128,100-ft (39,045-m) high-altitude skydive record set by Felix Baumgartner in October, 2012 (with much less fanfare). Jumping from a balloon at 135,890 ft (41,419 m) above Roswell, New Mexico, Eustace also set new world records for vertical speed and freefall distance.

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Ocwen posts open letter and apology to borrowers

Ocwen posts open letter and apology to borrowers | Real Estate Plus+ Daily News | Scoop.it
Ocwen Financial has taken a beating after the New York Department of Financial Services sent a letter to the company on Oct. 21 alleging that the company had been backdating letters to borrowers, and now Ocwen is reaching out to homeowners. “We apologize to all borrowers who received misdated letters, the CEO said in a lengthy letter.
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Stop People from Wasting Your Time

Stop People from Wasting Your Time | Real Estate Plus+ Daily News | Scoop.it

Sometimes it’s hard to escape, especially when the time-waster is your boss (one friend recalls a supervisor who “called meetings just to tell long, rambling stories about her college years” and would “chastise anyone who tried to leave and actually perform work”). But in many other situations, you can take steps to regain control of your time and your schedule. Here’s how.

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New home sales gains screech to a virtual halt in September

New home sales gains screech to a virtual halt in September | Real Estate Plus+ Daily News | Scoop.it
Gains in sales of new single-family houses in September 2014 came to a screeching virtual halt, printing at a seasonally adjusted annual rate of 467,000.
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Onboard Informatics Announces Listings API+ as Part of Evolving Platform

Onboard Informatics Announces Listings API+ as Part of Evolving Platform | Real Estate Plus+ Daily News | Scoop.it

The Listings API+ offers a single, standardized way for developers to integrate IDX data in real-time. It offers pre-integrations for .Net, Android and other environments.

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It’s over: Fed no longer adding to mortgage stockpile

It’s over: Fed no longer adding to mortgage stockpile | Real Estate Plus+ Daily News | Scoop.it

The Federal Reserve said today it’s put an end to the final round of “quantitative easing” — massive purchases of mortgages and Treasurys intended to goose the economy by helping keep the cost of borrowing low.

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HomeAway's Luxury Rentals Becomes World's Largest Luxury-Focused Vacation Rental Site

HomeAway's Luxury Rentals Becomes World's Largest Luxury-Focused Vacation Rental Site | Real Estate Plus+ Daily News | Scoop.it
HomeAway has announced that Luxury Rentals from HomeAway now hosts the largest collection of high-end vacation rentals available in one place. The site, which offers travellers the ultimate in luxury accommodations, achieves this milestone one year after its initial launch.
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This is why California is in the middle of another housing crisis

This is why California is in the middle of another housing crisis | Real Estate Plus+ Daily News | Scoop.it
It’s ironic that when the first Millennials were born, their Baby Boomer parents couldn’t afford a home either. Looking back to October 1981, interest rates on a 30-year, fixed-rate mortgage exceeded 18%. It wasn’t until rates fell below 10% in 1986, and to the 7% range in the early 2000s, that affordability ceased to be a major impediment to homeownership. Today, California’s housing affordability problem is back and here's why.
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CoreLogic: Mortgage fraud risk rises 3.2% in last year

CoreLogic: Mortgage fraud risk rises 3.2% in last year | Real Estate Plus+ Daily News | Scoop.it
The risk of mortgage fraud has increased by 3.2% in the past year, led by Florida, according to the CoreLogic Mortgage Fraud Report.
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RealtyTrac: Foreclosure sales fall to lowest level since Q1 2011

RealtyTrac: Foreclosure sales fall to lowest level since Q1 2011 | Real Estate Plus+ Daily News | Scoop.it
According to the report, residential properties, including single-family homes, condominiums and townhomes, sold at an estimated annual pace of 4,402,741 in September, a decrease of 1% from August 2014 and a decrease of 19% from one year ago.
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Top Agent Network sues Zillow alleging fraud, stolen trade secrets

Top Agent Network sues Zillow alleging fraud, stolen trade secrets | Real Estate Plus+ Daily News | Scoop.it
San Francisco-based Top Agent Network filed suit Monday in U.S District Court for the Northern District of California against Zillow, alleging theft of its proprietary trade secrets to create the highly touted “Coming Soon” feature.
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The 100 People Who Will Shape The Future of The Internet

The 100 People Who Will Shape The Future of The Internet | Real Estate Plus+ Daily News | Scoop.it

Kieren McCarthy wrote a piece on TheRegister.co.uk about the 100 people who will shape the future of the Internet. The article takes a look at the Cross Communiy Working Group who will set out to propose the right transition plan for IANA.

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A $95,000 Oculus Rift Ride Will Give You A Tour Of The World's Most Expensive Real Estate

A $95,000 Oculus Rift Ride Will Give You A Tour Of The World's Most Expensive Real Estate | Real Estate Plus+ Daily News | Scoop.it

There’s a Jackson Pollock hanging outside my closet door, and my marble fireplace appears to stretch the width of three ping pong tables. The living room overlooks a wide-angle view of Miami's Key Biscayne Bridge.

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In A Flood, This Amphibious House Starts To Float

In A Flood, This Amphibious House Starts To Float | Real Estate Plus+ Daily News | Scoop.it

hanks to climate change, some of the world's rainiest places are likely to get rainier--and more likely to flood. In the U.K., where intense rainfall led to floods that caused over $1.5 billion in damages last year, architects have come up with an answer: An amphibious house that starts to float when water levels rise.

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TILA-RESPA: Smart lenders are taking action today

TILA-RESPA: Smart lenders are taking action today | Real Estate Plus+ Daily News | Scoop.it
If you’re still filling out forms manually, or going back and forth between two or more different systems, you’re not going to survive — it’s just too time-consuming and costly.
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Redfin signs second homebuilder to custom listing service

Redfin signs second homebuilder to custom listing service | Real Estate Plus+ Daily News | Scoop.it
Redfin said it will work with Nitti Development to market Berteau, an Elmhurst, Illinois, development featuring 56 single-family homes ranging in price from $819,000 to over $1 million. Redfin launched Redfin Builder Services in November, signing its first client in Seattle.
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CHART OF THE DAY: Cell Phone Bills Are Up 50% Since The iPhone Was Invented

CHART OF THE DAY: Cell Phone Bills Are Up 50% Since The iPhone Was Invented | Real Estate Plus+ Daily News | Scoop.it

Despite some recent company efforts to help pay for customers' phone bills through promotions and subscription programs, the telecommunication industry largely relies on customers using more phone data each year — through new applications and innovations — to keep its sales growing, according to The Wall Street Journal.

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