FIRREA at 15: Is the profession stronger or weaker?

on August 10, 2004

Fifteen years ago this week the first President Bush signed into law the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA), Title XI of which created today’s appraiser regulatory structure, administered by the states to national standards maintained by the Appraisal Foundation and its boards. Observers of and participants in FIRREA’s regulatory scheme […]

More Americans buying second homes—which can mean twice the business for agents

on August 5, 2004

Fueled by low mortgage rates, alternative loan programs and baby boomers in their peak-earnings years, the second home market is experiencing a boom of its own, according to the National Association of REALTORS®. In fact, the second-home market, which includes vacation homes and investment property, now makes up about 5-6 percent of all homes sold […]

Avoiding FSBOs?  You shouldn’t

on August 3, 2004

You don’t like to answer a lot of very elementary questions.  You don’t want Joe Homeowner telling you how to do your job (it’s bad enough when mortgage brokers and REALTORs® do). You don’t want payment headaches from a lot of different, individual clients who aren’t going to need your services again and so might […]

a la mode celebrates 19 years in the business of serving real estate professionals

on July 30, 2004

OKLAHOMA CITY, OK — a la mode, inc., the nation’s leading software and technology developer for real estate professionals, celebrated its 19th anniversary this month.  Begun in 1985 with the simple idea that real estate appraisers could use new “personal computer” technolgy to more quickly and efficiently complete appraisal reports, today the company serves more […]

“Greedy sellers” hit a nerve

on July 27, 2004

Occasionally we ask you to write us with your thoughts or experiences on an issue.  Every now and then, a lot of you will write us in response to an article we’ve run even if we don’t ask.  It’s then that we know the subject has hit a particular nerve. We received a lot of […]

Bigger is better when it comes to monitors

on July 20, 2004

Last week we talked about Windows XP and how it’s an absolute must to move away from the older, slower operating systems, like Windows 98. You can also avoid headaches – literally and figuratively – with a larger monitor, many of you told us. When you stare at a computer monitor for hours at a […]

“Bundling” the right way with XSites backed by Mercury servers

on July 6, 2004

A buzzword in mortgage lending lately is “bundling,” often called “bundled services.” Companies that make their money from mortgage originators who order ancillary products and services necessary for mortgage production have seemingly all decided that everything they do needs to have a package price now. Old Republic Title announced last week it “will leverage the […]