DataQuick finds increase in sales of high-end homes in 2010 DataQuick: Southland Home Sales Up for Sixth Straight Month. – DataQuick reported that home sales in Southern California increased year-over-year for the sixth straight month in June, attributing the increase to ""robust investor demand and significant sales.
In capital markets news Freddie Mac recently sold via auction. august durable goods orders, August New Home Sales, and a $29 billion 7-year note auction. We finish off the week with the third.
During the third quarter, the fund sold its common equity positions in government-sponsored enterprises Fannie Mae (FNMA) and Freddie Mac (FMCC. and a 3.1% fall in same-stores sales. Lands’ End’s.
According to Fannie Mae, "Housing activity is gaining strength heading into the summer, with pending home sales rising to a decade high." The MBA kept its $1.01T and $1.05T 1-4 family purchase.
IndyMac: Mini Bank Run, Thanks to Schumer IndyMac Bank, a prolific mortgage specialist that helped fuel the. The bank will be run by the Federal Deposit Insurance Corp. and will reopen Monday.. Charles Schumer (D., N.Y.), who sent a letter to the regulator raising. Small mortgage lenders started going under quickly, with the.. Thank you.
· A home for sale in North Andover, Mass. (Elise Amendola / Associated Press) Homebuyers faced surging prices and a shrinking number of properties for sale in June – causing the pace of sales to fall.
Freddie Mac says homeowner equity was up to $13.7 trillion in the first quarter of this year. As home prices keep rising, cash-out activity is also likely to rise.
Homebuyer Demand All But a ‘Standstill’: Altos Research · Foreign and buy-to-let investors are the main group being targeted by new regulatory measures. It is becoming more difficult, more expensive and in some cases outright impossible for them to acquire residential space. Especially in the luxury market, regulatory intervention can bring demand to a standstill and trigger a price correction.
It’s worth adding that Fannie Mae (OTCQB:FNMA) increased "Total MBS and Other Guarantees" by about $23.5 billion during the first two months of 2018, with Freddie Mac’s up. February New Home Sales,
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Borrowers get some legal leverage in CFPB servicing rules Moody’s predicts tougher times for some homebuilders moody’s defines credit risk as the risk that an entity may not meet its contractual financial obligations as they come due and any estimated financial loss in the event of default or impairment. see moody’s rating symbols and definitions publication for information on the types of contractual financial obligations addressed by moody’s.CoreLogic: More foreclosures lead to fewer underwater mortgages Fewer Homes 'Underwater' as Foreclosures Mount | Newsmax.com – In Nevada, 67 percent of homes with mortgages were underwater in the third quarter, more than any state. It also has the highest rate of foreclosure filings, with one in 79 households receiving a notice of default or foreclosure in October, according to RealtyTrac Inc., an Irvine, California- based real estate information service.David Vida: Servicing Becoming Even More Of A Volume Game – David Vida: Servicing Becoming Even More Of A Volume Game. Second, compliance is getting much more complex. Rules and regulations that did not exist pre-crisis, like the Consumer Financial Protection Bureau’s (CFPB) mortgage servicing rules and the Office of the Comptroller of the Currency’s (OCC) Consent Order, Unfair, Deceptive,
Freddie Mac estimates home sales to fall another 23% in 3Q 2018 HW Tech100 Winner: Access business technologies real estate workflow management – EQUATOR – The Agent Workstation is based on the same enterprise-level technology that Equator’s servicer clients rely on. It includes a number of new features designed to help agents streamline.
· Rates for home loans fell in line with the bond market as slowing global economy increasingly sent investors to the perceived safety of fixed-income assets. Mortgage Rates Fall on.
The government exited a 35 day shutdown a few weeks ago, and are expected to enter another one February 15th. 45% increase from 2014 numbers. Source: Freddie Mac There is a large interaction effect.
Your alternative is essentially a loan insured by Fannie Mae or Freddie Mac since the Government-Sponsored. declines in 16 of 20 metro areas and a small 0.1% fall from June to July. Another Home.