Trending Thursday: Fed chills on Great Fall of China?

Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more

What should you do if your Realtor has a family emergency?

But you’re ready to make an offer now

RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
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Lending

Auction.com adds former eBay executive as VP of customer engagement

Kristine Chen to serve in newly created role
Continuing a recent trend of hiring high-level executives with extensive web experience, Auction.com announced the addition of Kristine Chin to serve in the newly created role of vice president of customer engagement. Chin joins Auction.com, the online real estate marketplace, after spending 12 years with eBay.
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Mortgage Bankers Association adds 28 new members

MBA continues expansion in June and July
The Mortgage Bankers Association announced that it welcomed 28 new members into its ranks in the months of June and July, continuing to elevate its total membership beyond 2,200 companies. Take a look at the new members.
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Pending homes sales remain flat in July

Modest 0.5% rise led by gains in Northeast
Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors. Is this the start of a sustained slowdown? Read on.
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Fed’s Dudley: Raising interest rates not likely very soon

Due to recent market volatility hike is now "less compelling"
A September interest rate hike is now unlikely due to recent turmoil in the stock markets from China’s volatile economy. According to New York Fed President William Dudley, the prospect of a September rate hike "seems less compelling" than it was only weeks ago.
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