Top News

Geithner: Banks should bear bailout burden
CNN – – Treasury Secretary Tim Geithner told lawmakers Tuesday that a proposed bank fee could help stabilize the financial system and recoup bailout costs by targeting banks that engage in more risky behavior. 

Freddie Mac posts loss, sees need for state funds
Yahoo! News – – 0 billion in the first quarter and warned that it would continue to need government funds because the housing market remains fragile. The loss was $6.7 billion before a $1.3 billion dividend payment on senior preferred stock owned by the U.S. Treasury.

Market News

Tax credits boost pending home sales 5.3% in March
USA Today – – WASHINGTON ? The number of buyers who signed contracts to buy homes surged more than expected in March, another sign that government incentives are propelling the housing market The National Association of Realtors said Tuesday that its seasonally

Mortgages: Fixed-rate mortgages at lowest in six weeks
MarketWatch – – to sign contracts by April 30 and are required to close on the sale by June 30. “Pending existing home sales rose for the second consecutive month in March to the strongest pace since October 2009, just before the original deadline for the credit, based 

Mortgage Volume Rises for 3rd Straight Week
REALTOR Magazine – – Mortgage applications to purchase homes rose 13 percent last week over the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey.

American Land Title Association Reports Record Membership
Business Wire – – WASHINGTON–(BUSINESS WIRE)– (ALTA), the national trade association representing title insurance companies, title agents, independent abstracters, title searchers and attorneys, reported today that membership is at an all-time high and has increased 

Technology News

First American sues 8 rivals over AVMs
Inman – – Patent infringement lawsuit seeks! damages from Zillow, LPS, others First American CoreLogic Inc! . has fi led a lawsuit against eight companies, including Zillow Inc. and Lender Processing Services Inc.

Top 16 free real estate iPhone apps
Inman – -! Extract not available.

Amazon adding Twitter, Facebook to Kindle e-reader
USA Today – – Extract not available.

Other News

Chase to Host Foreclosure-Prevention Events in Eight Major Markets – – As part of its ongoing efforts to help homeowners ! avoid 

Luxury homeowners turn to auctions
CNN – – Those who can afford luxury homes are not shopping for them as much now But luxury homeowners are finding they can sell houses on auction block Qualified buyers preview property by appointment during days before auction Sellers include private owners,

Drilling down on local real estate data
Inman – – Long & Foster delivers free county-level market reports Screenshot of Market Minute report for Washington, D.C., courte! sy Long & Foster Real Estate. Brokerage company Long &! Foster Real Estate Inc. has announced the launch of real estate ‘Market Minute’

Risks Continue to Hinder Commercial Real Estate Investment Activity – – Enter your email to receive Daily Email Updates: As for commercial real estate, now is the time to invest. But according to a report released Friday by the CCIM Institute and the Real Estate Research Corporation, both based in Chicago, variou