Posts Tagged ‘JPMorgan Chase & Co.’

The Norris Group Real Estate News Roundup 11/14/11

November 14th, 2011

Today’s News Synopsis: Prices of homes have declined across the nation 28.3% since June 2006, according to the latest LPS home price index.  According to Housing Wire, more people were hired in the mortgage industry than were laid off in the third quarter.  According to Inman, NAR recently admitted overestimating 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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The Norris Group Real Estate News Roundup 10/3/11

October 3rd, 2011

Today’s News Synopsis: Bloomberg reported spending on construction increased in August the most it has been in two years.  Foreclosures are also increasing again, accoring to the Realty Times.  Despite this, a new study was released by CoreLogic showing that there are still positive numbers for equity in the country, showing

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The Norris Group Real Estate News Roundup 9/9/11

September 9th, 2011

Sources: Americans Harbor Glum Outlook for Housing and the Economy State sees first bump in property assessments in three years Obama Pledges to Refinance Millions of Mortgages at Today’s Rates CBO casts doubt over Fed refinancing plan Financial Firms ‘Disappointed’ FHFA Chose Lawsuits Over Negotiations AG Settlement Will Not Release Banks from Securitization Liability Today’s News Synopsis: In

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The Norris Group Real Estate News Roundup 8/24/11

August 24th, 2011

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications are at their lowest level in 15 years.  Members of Vintage East Condominium Association sued JPMorgan Chase & Co in order to take back a property they said JP Morgan was taking too long to foreclose on.  Rents are still on the

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The Norris Group Real Estate News Roundup 1/13/11

January 13th, 2011

Today’s News Synopsis: Top News Stories: Several sources have reported that the number of foreclosures are expected to increase in 2011.  Bloomberg expected them to rise almost 20%.  In other news, a top story is that mortgage rates declined for the second week in a row according to Freddie Mac. Corelogic

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