Apellas Friday Community Connection July Is All
about Being Social

July 2009 marks a month of social related events including Social Wellness Month, National Blog Posting Month and National Ice Cream Month.

Apella is pleased to be social and at the same time raise awareness to being social. In today?s internet world the new craze is all about being social. The main focus for Social Wellness Month is to promote good communication and socializing habits. For those that are internet contributors July also happens to be National Blog Post Month, which allows for several opportunities to not only be social but also raise awareness. One great way of being social is to organize an Ice Cream Social Event.

July is National Ice Cream Month established in 1984 by President Reagan. As HUGE fans of Ice Cream, Table Talk With Apella can only do its part in suggesting to the real estate professionals of the world to seize the chance to show appreciation for your clients and community with Ice Cream.

Social Wellness Month in combination with National Ice Cream Month allows for a wonderful and tasteful treat to be shared with others.

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Architectural Extremes in Glendale Homes

Today was an example of the wonderful sort of extremes we experience in Southern California Real Estate.Once a week we Realtors get together and tour the new homes listings for the week. It is a fabulous way to see a lot of homes quickly, and I devote several hours a week, every week, making [...]

Read The Full Article:
http://www.kendylsopenhouse.com/rossmoyne/architectural-extremes-in-glendale-home
s/

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Fitch Keeps Eye on MGIC after Q2 Loss

Fitch Ratings downgraded the insurer financial strength (IFS) rating of Mortgage Guaranty Insurance Corp. (MGIC) to triple-B minus from triple-B after the company reported a $339.8m loss for Q209.The long-term debt and senior debt ratings of its parent company MGIC Investment Corp. landed on Fitch?s Rating Watch Negative, but the insurance giant down-streamed $500m of [...]

Read The Full Article:
http://feedproxy.google.com/~r/HousingWire/~3/Fb5YIBM-ye8/

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Two Forgotten Words

Image by Getty Images via DaylifeAs you may or may not know, I am a licensed insurance agent. Not a big deal as there are probably 30,000 such animals across the U.S. What most people don’t know about the profession is the required training.Before every license renewal period – 3 years in Nevada – I [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Two Forgotten Words

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BofA Reports $3.2bn Q2 Profit

Bank of America (BAC: 13.17 0.00%) reported a $3.2bn profit in Q209, or about $0.33 per share.BofA?s profits Q209 revenue was bolstered by the sale of its merchant processing business and shares in the China Construction Bank, but high credit costs, and increasing its loan loss reserve kept overall profit below the $3.4bn profit level [...]

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http://feedproxy.google.com/~r/HousingWire/~3/u1AU6J5G4cY/

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Housing Starts Rise with Builder Confidence

Home buiders’ confidence in the single-family new home market edged upward in July after builders started construction on 14.4% more units in June than in May.The US housing construction industry started single-family housing units at an annualized rate of 470,000 units in June, 14.4% more than May’s rate, according to a joint release by the [...]

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http://feedproxy.google.com/~r/HousingWire/~3/TdfJICxHlT4/

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Citi Posts $4.3 Billion Profit after Smith Barney
Sale

On the back of the sale of Smith Barney brokerage unit, Citigroup (C: 3.1001 +2.31%) posted a $4.3bn Q209 profit, or $0.49 per share.Citi completed its sale of Smith Barney to Morgan Stanley (MS: 28.13 -1.51%) on June 1, earlier than the original estimated close in Q309. That deal earned the bank $11.1bn pre-tax, $6.7bn [...]

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http://feedproxy.google.com/~r/HousingWire/~3/1ROeBK7enSY/

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Higher-End Housing Moves Buyers in SoCal, Bay
Area

Improvements in mortgage availability and the belief that prices have hit rock bottom has buyers moving in the Southern California and the San Diego Bay area, according to La Jolla-based data analyzer MDA DataQuick.In So Cal, buyers are responding to price cuts on mid- to high-end homes and the availability of credit for pricier homes. [...]

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http://feedproxy.google.com/~r/HousingWire/~3/Ja1Kw0Vl1Hk/

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Operation Loan Lies Shuts Down Foreclosure Rescue
and Loan Mod Scams

Operation Loan Lies, a coordinated national law enforcement effort to crack down on mortgage modification scams, involves 189 actions by 25 federal and state agencies against defendants who deceptively marketed foreclosure rescue and mortgage modification services.

“These con artists see the high foreclosure rates as an opportunity to prey on people in distress,” Federal Trade Commission Chairman Jon Leibowitz said. “They promise to rescue homeowners in troubled financial waters, but after they take their money they throw them …

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http://feedproxy.google.com/~r/MortgageFraudBlog/~3/RgXtVA5SoXc/

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