Posts Tagged ‘Deutsche Bank’

Foreclosure Starts Increase With Rise in Repeat Foreclosures

October 5th, 2015

  Today’s News Synopsis:   Black Knight Financial reported a 68% increase in cash-out refis from the second quarter of 2014.  Foreclosure starts increased by 7% last August due to an increase in repeat foreclosures.  Fewer and fewer homes are becoming affordable in California, a negative sign for economic growth.   In The News: DS

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Despite Positive Forecast, Whether Housing Starts Will Return to Pre-Recession Levels is Still Unknown

June 19th, 2015

      Sources: Foreclosure activity hits 19-month high on rise in REOs Number of Properties With Equity Is Rising While Total of Underwater Homes Declines Builder Confidence Hits Yearly High in June Fed announces benchmark rate Banks penalized for rushed foreclosures TRID effective date pushed back to October Riverside: New drought rules restrict outdoor watering Riverside City Council Updates Water Conservation

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Almost 10% of Adults in America have no History of Credit According to Latest CFPB Report

May 5th, 2015

    Today’s News Synopsis: Almost 26 million, 0r 10%, of adults in America have no history of credit according to the latest report from the CFPB.  Freddie Mac reported their profit in the first quarter was $524 million, way up from $227 million in the fourth quarter of 2014.  Home prices

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Housing Market in Best Shape in 14 Years According to Nationwide Insurance

April 1st, 2015

    Today’s News Synopsis: Nationwide Insurance in Ohio reported the housing market it is at its best in 14 years.  Obama said in his latest address to the mortgage industry that things have gotten a little out of control with the CFPB and they are carrying out things they were not

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The Norris Group Real Estate News Roundup 2/4/14

February 4th, 2014

Today’s News Synopsis: Janet Yellen was officially sworn in yesterday as the new chair of the Federal Reserve.  According to the latest Home Price Index from CoreLogic, home prices increased 11% year-over-year in December.  The biggest concern among homeowners today is whether or not financing will be available as well as

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The Norris Group Real Estate News Roundup 12/20/13

December 20th, 2013

Sources: FDIC Shutters Texas Bank Builder Confidence Rises Four Points in December CoreLogic: 791,000 underwater homes return to positive equity U.S. Housing Starts Jump to Highest Level in Five Years Report: Legal Activity on Mortgage Fraud Cases at Post-Crisis Low FHA Replenishes Fund, Expects to Meet 2% Reserve Mandate by 2015 Today’s News Synopsis: Aaron Norris gives

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The Norris Group Real Estate News Roundup 11/15/13

November 15th, 2013

  Today’s News Synopsis: Aaron Norris gives the news of the week in this week’s real estate headline roundup video.  HOPE NOW reported foreclosure starts decreased 42% in the third quarter, leading to fewer distressed borrowers receiving loan modifications.  Despite the economy showing positive signs, especially in home prices, issues such as

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The Norris Group Real Estate News Roundup 10/30/13

October 30th, 2013

Today’s News Synopsis: The second quarter saw an increase in home prices in almost 90% of the large metropolitan areas in the United States.  Mortgage applications increased 6.4% from last week according to the Mortgage Bankers Association.  Over $17 billion has been collected by the government from banks paying for their

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The Norris Group Real Estate News Roundup 4/25/13

April 25th, 2013

Today’s News Synopsis: Mortgage rates decreased again for the fourth week with 30-year rates now at 3.4% and 15-year at 2.61%, a new low.  Unemployment claims decreased by 16,000 to 339,000, putting them at their lowest in five years.  The NAHB is seeking help from Congress to maintain support for important

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The Norris Group Real Estate News Roundup 4/19/13

April 19th, 2013

Sources: Home Sales See Seasonal Surge, Listings Fall Rising Costs Put Squeeze on Builder Confidence in April Housing Starts Rise on Strength in Multifamily in March Neediest Homebuyers in U.S. Lifted by Japan: Mortgages President’s 2014 Budget Foresees $943 Million FHA Bailout Southern California washes away foreclosure impact Today’s News Synopsis: Aaron Norris gives the news of the

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