Posts Tagged ‘CoreLogic’

Redfin Tests To See if Home Values Effected By People Preferring to Walk

August 9th, 2016

Today’s News Synopsis: Redfin recently tested to see if the value of home is affected more greatly in areas where people prefer to walk.  Commercial real estate in Silicion Valley is showing no signs of slowing down despite funding for technology being weak.  The inventory of foreclosures declined 4.9%, putting

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Federal Reserve Moving Closer to Increasing Rates

July 27th, 2016

Today’s News Synopsis: CoreLogic reported a 2.8 percentage point decrease in cash sales for homes back in April.  The Federal Reserve is beginning to consider increasing rates more due to decreasing risk in the economy.  The NAHB released a new poll showing the majority of Americans still consider owning a

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CFPB Celebrates Five Years Today

July 21st, 2016

Today’s News Synopsis: The NAHB reported their Remodeling Market Index continues to remain stable, standing at 53 after having slipped only one point.  RealtyTrac just released a list of the 35 best places to buy a home that were bad areas but now showing improvement.  CFPB celebrated five years today,

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Building Lots for Single-Family Homes at Lowest on Record

July 12th, 2016

Today’s News Synopsis: Building lots for single-family homes were shown to be at their lowest on record at 8,600 square feet.  Corelogic reported foreclosures and serious delinquencies are at their lowest since 2007 with foreclosures around 390,000.  More and more people are moving out of negative equity as prices continue

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Demands for Reform to Flood Insurance Program Coming from Realtors and Builders

July 5th, 2016

Today’s News Synopsis: CoreLogic reported a 1.3% increase in home prices month-over-month and 5.9% year-over-year in May.  Despite Congress working to make changes to the National Flood Insurance program, builders and realtors say it is still in need of major changes.  RealtyTrac just showed which homes located on the beach

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Ocwen Financial Required to Pay $30 Million in Fraud Lawsuit

June 23rd, 2016

Today’s News Synopsis: The National Association of Realtors reported existing home sales increased 1.8% last month to their highest since 2007.  Meanwhile, sales of new homes decreased 6% last month to 551,000.  Ocwen Financial has been required to pay $30 million in a settlement regarding fraud. In The News: Mortgage Professional America –

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Wells Fargo Survey Shows Homeownership Still A Priority for Majority

June 14th, 2016

Today’s News Synopsis: Debt on commercial and multifamily properties increased in the first quarter of 2016 by 1.2% to $35.3 billion.  New home purchase applications, on the other hand, decreased 6% according to the Mortgage Bankers Association.  Wells Fargo released a new survey showing homeownership is still priority for the

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CoreLogic Shows Percentage of Mortgages Homes with Equity is 92

June 10th, 2016

Sources: Delinquencies Spike Among Amortizing HELOCs Commercial/Multifamily Mortgage Delinquency Rates Low, Record Decline for CMBS Loans Freddie Mac: 30-year mortgage reverses course, drops More Renters Looking to Buy These Days Morning Briefing: Foreign buyers interest in US homes increasing Hensarling reveals details of plan to replace Dodd-Frank Lender Restraint Stunting Real Estate Growth Today’s News Synopsis: Aaron Norris

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Mortgage Debt Increases by $120 Billion in the Fourth Quarter

May 24th, 2016

Today’s News Synopsis: Mortgage debt increased by $120 billion in the fourth quarter to its highest in 4 years according to the Federal Reserve Bank of New York.  HUD and the U.S. Census Bureau reported new home sales increased 16.6% month-over-month, their highest since after the recession.  The survivor bill

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Mortgage Write-Offs at $9.5 Billion, their Lowest in 9 Years

May 11th, 2016

Today’s News Synopsis:   Mortgage applications increased but not by much at 0.4% according to the Mortgage Bankers Association.  The White House announced plans today to focus on building more communities that will hold up better against difficult life circumstances.  The latest Equifax National Consumer Credit Trends Report showed mortgage write-offs to

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