Newsdesk | Volume 3 | Issue 233 | July 14, 2009

Newsdesk | Volume 3 | Issue 233 | July 14, 2009 Top News In recession, a simpler life is better for many - USA Today - - Shrinking paychecks and rising environmental concerns are prompting Americans to pare back their lifestyles. 'Perhaps the silver lining (of the recession) is that people are coming to realize they can live Lennar: 400 homes have Chinese drywall - Biz Journals - - About 400 of Lennar Corps home in Florida were built using Chinese drywall, the company reported in a filing Friday with the Securities and Exchange Commission. One of the nations largest homebuilders, Lennar (NYSE: LEN) said the homes were built Study: One in Four Mortgage Defaults May Be Strategic - Wall Street Journal Online - - of its mortgage, and moral or social considerations, according to the study by Northwestern Universitys Kellogg School of Management and the University of Chicagos Booth School of Business. Researchers found that almost no homeowners would default if Market News Real Estate Weekly: Dem and for FHA, VA mortgages at 19-year high - MarketWatch - - Reshaping mortgage shopping Modifying home-equity loans Mortgage rates drop again Government-insured mortgage applications rose to their highest share of the market in nearly 19 years last month, the Mortgage Bankers Association reported this week.

These Remember down payments on mortgages? - MarketWatch - - dream. For the right kind of buyer, it's still within reach.

We all want to see the housing market come back. But it's our shared responsibility -- as lenders, as consumers, as Americans -- to avoid repeating the same expensive mortgage mistakes that got Technology News Freddie Mac turns to YouTube - Portland Business Journal - - With so many homes headed to foreclosure Freddie Mac has posted a new video on YouTube to show late-paying borrowers how to speed their efforts to get their mortgage loans modified. The video, which runs two minutes, shows borrowers which documents they Website for Free & Up-to-Date Foreclosed Property Listings Unveiled by First Team(R)... - Reuters - - better, though few real estate companies have recognized, let alone acted on, those changes. The notable exception is First Team Real Estate, whose recently established foreclosure, distressed property-exclusive website www.

ForeclosureDestination.com Online tools abound for home buyers and sellers - Chicago Tribune - - have a database of more than 140,000 companies that provide closing-related services in 11 categories, such as title insurance, home inspection, etc. In addition to estimating transfer taxes and other fees, the site claims to pr ovide easy access to Other News Money Magazine's Best Places to Live - FOX WTTG Washington - - fulfilling quality of life? Money magazine puts Louisville, Colo. , on the top of its list of the 100 Best Places to Live for 200 9. Residents describe Louisville as a city with a small-town feel. With its proximity to ski areas, hiking and biking trails For more information about Newsdesk please visit www.productcenter.fntg.com or email Newsdesk@fnf.com