Nancy West of HUD Joins Bruce Norris on the Real Estate Radio Show #438

Bruce Norris is joined this week by Nancy West. Nancy is one of four marketing and outreach specialists for the U.S. Department of Housing and Urban Development in the country. Nancy joined HUD in 2004 as an underwriter and accepted her current position in 2006. Nancy works out of the Santa Ana homeowner center, which services 8 Western United States, Guam, and the Mariana Islands. Nancy traveled extensively, providing information training updates and presentations on FHA programs as well as conducting regular ongoing webinars. Bruce and Nancy discuss the current lending environment and where we are headed, the FHA, first-time buyers and to whom the FHA will lend, FICO score requirements, the tax rebate program, homeownership percentages, and much, nuch more on this week's Norris Group real estate radio show and podcast.

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Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #337

Bruce Norris is joined this week by Doug Duncan. Doug is the senior vice president and chief economist for Fannie Mae. He is responsible for managing Fannie Mae’s economics and strategic research group.In this leadership role Duncan provides all economic housing and mortgage market forecast, analysis, and serves as the company’s thought leader internally and with the external constituent groups.Doug was recently named one of the 50 most powerful people in real estate. He has been a friend to investors and has invited them back to talk with Fannie and FHA about loosening up some of the loans that were given to investors. Bruce and Doug discuss how investors are a critical part of the market, the concern downward pressure on prices should people exit, Doug's paper "Unusually Uncertain," the question of whether it is a good time to sell, the lag in the consumer understanding of prices, the price recovery in California, underwater homeowners, and much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Mortgage Holdings, Joins Bruce Norris on the Real Estate Radio Show #283

This week Bruce Norris is joined once again by Rick Sharga.  Rick is an executive vice-president at Carrington Mortgage Holdings, LLC.  Rick is one of the nation’s most frequently quoted sources on foreclosure, mortgage, and real estate trends.  He has appeared on NBC Nightly News, CNN, CBS, NBC, ABC, CNBC, Fox, and NPR.  Rick is a member of the Board of Directors of REOMAC and the president of the Technology Council of Southern California.  Bruce and Rick discuss how Rick handles trustee sales, the new challenges in the market, the shift from lender rights to people in foreclosure rights, the percentage of borrowers upside down, the change in the percentage of FHA loans to credit scores, the real estate market in the coming years, and much more on this week's real estate radio show and podcast.

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Coldwell Banker Pioneer Owner Lance Martin joins Bruce Norris on Real Estate Radio Show #278

This week Bruce Norris joined by Lance Martin.  Lance is broker/owner of Coldwell Banker Pioneer Real Estate.  He began his career in real estate at 19 and has mostly been involved with the REO side of the business for over twenty years.  Bruce and Lance discuss his work with REOs and when the REO business peaked, his definition of a normal market, the affect loan modifications would have on the REO business, Lance's thoughts on the bulk sale and rental program, and much more on this week's real estate radio show and podcast.

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