Posts Tagged ‘Federal Reserve Board’

Gap Between Home Value Opinions Continues to Widen Between Appraisers and Homeowners

July 14th, 2015

  Today’s News Synopsis:   Foreclosures of all kinds have decreased as much as over 20%, down into double-digits.  The gap between opinions on home values of appraisers and homeowners continues to widen.  More and more consumers have a more positive outlook on the economy while also continuing to remain cautious.   In The

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New Liquidity Coverage Rule Finalized by Three Large Organizations

September 5th, 2014

      Sources: Home price growth slows to 21-month low Mortgage Applications Increase in Latest MBA Weekly Survey Late August Finds Consumer Sentiment On Rebound Freddie Mac: Mortgage rates hold at year’s low; 30-year average at 4.1% ADP: Private employment grew by 204,000 in August Commercial/Multifamily Delinquencies Continue Decline HUD: Loan Sales Cut Insurance Losses, Reduced Foreclosures 2.5 million borrowers

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The Norris Group Real Estate News Roundup 1/10/14

January 10th, 2014

Sources: Report: Home Prices End Year Strong Mortgage Rates React to Light News Week Foreclosure pipeline drains out Are ‘Tortoise’ Markets Beating ‘Hares’ In Home Price Recovery? Rep. Mel Watt officially confirmed as FHFA director Senate confirms Yellen as Fed Chair Americans build larger, more costly homes FHFA Directs Fannie and Freddie to Delay Changes to G-Fees Today’s

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The Norris Group Real Estate News Roundup 5/14/12

May 14th, 2012

Today’s News Synopsis: In a big news story, Ally Financial’s mortgage unit ResCap filed for bankruptcy.  With this bankruptcy, Ally Financial will focus their efforts on paying off their debt to the Treasury from a $17.2 billion bailout.  Due to the increase in foreclosures, serious delinquencies increased .5% last December for

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The Norris Group Real Estate News Roundup 4/30/12

April 30th, 2012

Today’s News Synopsis: The number of closed banks is now at 22 with the closure of five more banks last Friday.  The home ownership rate is at its lowest in 15 years at 65.5%, while at the exact same time the number of families renting is now at its highest in

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The Norris Group Real Estate News Roundup 11/30/11

November 30th, 2011

Today’s News Synopsis: According to the Los Angeles Times, the Federal Reserve and five major central banks are hoping to help solve the debt crisis by joining together to help European lenders obtain money more easily.  In other news, Bloomberg reported a 10.4% increase in pending home sales.   According to the

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The Norris Group Real Estate News Roundup 10/17/11

October 17th, 2011

Today’s News Synopsis: A final ruling was approved today by the Federal Reserve Board that would require banks to submit resolution forms explaining how they would hanldle specific situations in stressful times.  There are now 80 failed banks with the recent seizure of four more institutions.  The Wall Street Journal reported

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