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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Sean O'Toole Joins Bruce Norris on the Real Estate radio show #272

This week Bruce Norris is joined by Sean O'Toole, founder and CEO of ForeclosureRadar.com.  Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures.  Bruce and Sean discuss Sean's website and how he has helped many through it, his goal when creating the site, the market today compared to earlier years, ForeclosureRadar's use in finding houses to repair, code enforcement, the increase in foreclosure sales and the dominant role they play today, the real estate debt at the peak of the market, the biggest mistakes Sean sees in trustee sales, the definition of drop bids, shadow inventory, and much more on this week's real estate radio show and podcast.

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Nancy West of HUD #181

This week Bruce is joined once again by Nancy West. Nancy is a marketing and outreach specialist for the Department of Housing and Urban Development. Bruce and Nancy discuss non profits working with HUD, NSP programs and how cities are working with the money they've been giving, loan modifications, FHA modifications, the role of the GSEs in the market, and much more.

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Nancy West of HUD #180

This week Bruce is joined by Nancy West. Nancy is a marketing and outreach specialist for the Department of Housing and Urban Development. She has been working in the mortgage industry since 1977. Nancy joined in 2004, and in 2006 she accepted one of four nationwide marking and outreach specialist positions.

Bruce and Nancy discuss the state of FHA mortgages, how long borrowers must wait for a government backed loans after forecloure, short sale, and deed-in-lieu, current guidelines for lending, HUD foreclosures, how investors can bid on HUD properties, 203k loans for investors, and much more.

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