Fannie Mae’s risk index continues to outpace Freddie Mac’s. Data from Zillow on existing home sales and unique listings Advantages of the AEI Housing Market Indicators:. – Uses virtually all institutionally financed sales back to October 2012.
Bloomberg reports that total issuance of non-agency securities tied to new loans jumped to $13.4 billion last year from $3.5 billion in 2012, the sales collapsed after. the first a $232 million.
Zillow survey: 5% home value growth expected in 2013 the UK’s lower-than-expected 0.1% GDP growth in the first quarter will not be repeated in Q2. A lull in inflation, coupled with marginally stronger wage growth, also means that consumer spending power is on the rise – a positive for consumer sentiment. Prime country home values in England rose by an average of 0.2% in the year to the end
Fannie Mae HomePath has announced they will offer up to 3.5% towards the buyers closing cost through March 31, 2014. Fannie Mae HomePath properties are homes that Fannie Mae owns through foreclosure. Fannie Mae offers special financing on these homes with reduced down payment, no mortgage insurance and no appraisal required.
· What’s Ahead for Home Prices in 2012.. Currently, about 1.84 million home loans are 90 days or more delinquent (a strong predictor of foreclosure) but not yet foreclosed on, and 2.17 million.
Detroit housing market remains mystery after bankruptcy James Mackey heads to Freddie Mac Hong Kong welcomes moves by the U.S. government to seize control of mortgage finance firms fannie mae fnm.N and freddie mac fre.N as this should stabilise the stressed market, its central bank chief.
Homeownership still considered best long-term investment: Pew Monday Morning Cup of Coffee: Illinois looks to end ties with Wells Fargo; TRID anniversary Breaking News – Chicago Tribune – 1 shot in Logan Square during Memorial Day weekend’s third night. One person was shot in chicago sunday night to Monday morning – a sharp contrast to the previous night’s brisk pace of gun.Real estate was always meant to be a long-term investment. Does that mean we stop promoting homeownership? Of course not. No doubt in hindsight, this time will be considered one of the historic.
In May 2009, we repositioned part of our investment portfolio by selling $2.8 million of our available for sale portfolio. The proceeds from this sale were reinvested in new issue CMO’s backed by.
Industry leaders prepare for 2014 underwriting standards Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry. the industry are being recognized for their ethical practices. Last month The.
The FHFA House Price Index (HPI) is a broad measure of the movement of single -family house prices.. whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975.. See HPI release dates. Use prices from sales transactions of mortgage data obtained from the Enterprises.
More Than Half of 2006 Vintage Now Underwater, Zillow Says MGIC writes $2.1B in new primary mortgage insurance Texas housing market springs to recovery The median home price in Texas jumped from $137,200 in first quarter 2009 to $141,500 in 2010, a 3.13 percent increase. The texas quarterly housing report is issued four times a year by the Texas REALTORS® with multiple listing service (MLS) data compiled and analyzed by the Real Estate Center at Texas A&M University.Mortgage insurance by MGIC – whether borrower paid or lender paid – helps you serve your customers by making homeownership more affordable for them.Private capital filling in where banks won’t tread Are more borrowers really taking out non-agency reverse mortgages? originators weigh in Reverse Loan Counseling – Reverse Loan Consultant – Reverse mortgage data reveals solid spring comeback – HousingWire; What is a reverse mortgage and when is it wise to consider getting one? – WRAL.com; Are more borrowers really taking out non-agency reverse mortgages? Originators weigh in – HousingWire; Two florida reverse mortgage companies adjust to changing market with merger – Appraisal BuzzAt least four options exist for filling that funding gap: To aggressively pursue efforts aimed at reducing or eliminating trade barriers that inhibit access to markets, institutions (DFIs) and the multilateral development banks (MDBs).. And the private equity funds are created to encourage investment in.More Than Half of 2006 Vintage Now Underwater, Zillow Says 7.6 Million Borrowers Underwater on Mortgages: Study Paul Jackson is the former publisher and CEO at HousingWire.
UPDATE: I wrote this post late Tuesday night. I’m glad to see the story on the front page of today’s Post begin to take up what will be an ongoing imperative in this campaign..
Florida law firms scrutinized in robo-signing scandal Foreclosure Misconduct Claims Send Cold Reminders By NNA Staff on November 10, 2010 in Notary News A former employee of a Florida law firm being investigated for its alleged mishandling of foreclosure operations recently revealed a host of questionable notarial practices.
Fannie Mae sees 2012 home sales up 3.5% to 4.74 million The housing sector will likely take incremental steps forward in 2012, though total originations will fall on fewer refinances, according to economists at Fannie Mae .