July 2009 Market Statistics Now Available
The July 2009 Monthly Statistical Reports are now available on the MRIS website under Reports and Statistics: http://www.mris.com/reports/stats. Use this valuable information from the weekly, monthly and quarterly housing market reports in your buyer/seller presentations...all of them are offered to you for free. Continued>
Compliance Department Hot Topics - July 2009
By Michelle Yam, MRIS Compliance Manager
The latest "hot" topics posed to the MRIS Compliance Department continue to be related to potential short sale transactions. Here is a brief description of some short sale transaction reminders that will help you avoid any potential violations: Continued>
Coming Soon - Matrix "Email+"
MRIS is pleased to announce that another great new Matrix feature is right around the corner. You will soon be able to track your clients' interest in a home. With Email+, clients will be able to mark listings they receive from manual or auto Matrix emails as Favorites, Possibilities or Discarded which you will be able to see. Continued>
Avoiding mortgage rate-lock problems
By Jack Guttentag
Locking the price of a mortgage is full of potential problems for the unwary borrower. Locking is especially problematic in today's market because prices can jump around from day to day, and lenders take much longer than in pre-crisis years to approve an application, and often can't. Continued>
