DS News - Digital Archives

January, 2013

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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GOOD READS EXPAND YOUR SKILLS, GAIN INSIGHT, AND GET INSPIRED WITH THESE TOP PICKS. Up Sell Your Home in Any Market By James Harner The housing market is slowly beginning to resemble what it looked like before the bubble burst in 2008 as homes are staying on the market for relatively shorter periods of time and home prices are rising. Still, the housing sector isn't out of the woods quite yet and some are still skittish about selling their homes, or lowering the price to get it off the market. James Harner advises against that notion in Up Sell Your Home in Any Market, his book that addresses selling the fair value of the home, not the desperate value. In his book, Harner offers advice on how to stage a home for positive results, tips on how to price the home accordingly the first time, resources that will help market the home in the best way possible, and strategies on successful negotiation. The book provides insights on how the selling market has changed over the years and how potential sellers can keep pace with the current housing climate. 18 Foreclosed: HighRisk Lending, Deregulation, and the Undermining of America's Mortgage Market By Dan Immergluck The most devastating piece of the housing crash of 2007 and 2008 was not the disastrous impact it had on the U.S. economy; rather, it was the harsh reality that many Americans were losing their piece of the American dream and being forced onto the streets as a result. And, like any slow-moving phenomenon, America became transfixed with watching the economy and housing market crumble. In Foreclosed: High-Risk Lending, Deregulation, and the Undermining of America's Mortgage Market, Dan Immergluck compiles his extensive research on the housing market into a narrative about the winners and losers of the crash with insight on how the game was played so ineffectively. He invites the reader into the book by introducing the catalyst for the market crash, and then goes on to detail how federal policymakers failed to regulate the high-risk lending that led to the calamity. The Greatest Trade Ever: The Behindthe-Scenes Story of How John Paulson Defied Wall Street and Made Financial History By George Zuckerman The financial meltdown is ripe with stories of destruction and loss. But, there is one compelling story of triumph that has emerged from the bedlam. In George Zuckerman's book, The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History, the tale of John Paulson is explained. Paulson, a hedge fund manager had the foresight to bet on the housing market bubble that would soon burst. He had detractors and doubters, but decided to trust his gut. At first, he lost money, but when everything was said and done he had earned more than $15 billion for his firm, a figure that dwarfed George Soros's billion-dollar currency trade in 1992. This move outwitted Chuck Prince, Stanley O'Neal, Richard Fuld, and other Wall Street titans, and made financial history in the process. ListedBy—Real Estate Auction Primer for Consumers By ListedBy.com As the country and the world continue to embrace technology, companies have picked up the pace to meet the demand, which is why ListedBy.com developed ListedBy —Real Estate Auction Primer for Consumers, a primer on important terminology to help novice buyers and sellers get into the action without feeling overwhelmed by the process. The book is available as an ebook and is free of charge to those interested. This reference also serves as an online marketplace and social network with live bidding and "Best Offer" functionality through the site. Some of the topics covered are terminology and strategies, key considerations when bidding at an auction, why online auctions are more beneficial for buyers and sellers, and a host of additional resources.

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