| Top News U.S. authorities close five more banks Reuters – - U.S. authorities closed five more banks on Friday, bringing the total of foreclosures in 2011 to 39. |
| Market News Real Estate Weekly: Fewer delinquent mortgages in pipeline: study MarketWatch – - The foreclosure crisis is far from behind us, but a report released this week points to a positive development in last year’s data. The good news: Serious delinquency rates throughout the Fidelity National’s 1Q profit soars on cost cuts CNBC – - Title insurer Fidelity National Financial on Thursday said its first-quarter profit more than doubled on strong refinance activity in the quarter, topping Wall Street’s expectations. The majority of Fidelity National’s business Fannie Mae Releases 2010 Mission Report Yahoo! Finance – - Fannie Mae today released its 2010 Mission Report, detailing the company’s efforts to provide liquidity, stability and affordability to the nation’s mortgage finance market. |
| Technology News NAR weighs policy change on Facebook, mobile listings feeds Inman – -The National Association of Realtors next month will consider revising rules governing multiple listing services in order to explicitly permit brokers or agents to display IDX listings on social networking sites and mobile devices. Android to get video chat via Google Talk upgrade CNN – - Video chat via Google Talk will soon be available on devices running Android 2.3 and higher. Android mobile users will be able to use video and voice chat with any Google Talk contact using another Android devices (phones or tablets) or Google Talk on Gmail. |
| Other News Homebuilder D.R. Horton’s profit up thanks to tax benefit Dallas Morning News – - D.R. Horton Inc. completed sales of 18 percent fewer homes in the quarter ended March 31 than it did in the same period a year ago. And orders for new-home purchases were about 23 percent lower than in the same quarter of 2010. 10 Tips for Surviving the Housing Market Yahoo! Finance – The economy is starting to improve but the housing market has yet to show any significant signs of recovery, which has homeowners nervous. 10 Cities Where It’s Cheapest to Buy Realtor Magazine – - You can find a lot of housing deals in the Midwest. The region boasted the most number of cities to make it to the top of the list where median list prices for March were the lowest. Nationally, the median list price for March was $199,500, which is down |