Posts Tagged ‘Lender Processing Services’

The Norris Group Real Estate News Roundup 9/23/13

September 23rd, 2013

Today’s News Synopsis: Home prices increased by only 0.6% month-over-month, but year-over-year they showed an increase of 8.7%.  According to the latest report from the Mortgage Bankers Association, delinquency rates for commercial and multifamily mortgages decreased 0.01% in the second quarter.  The FHFA announced they will be starting a new education

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The Norris Group Real Estate News Roundup 9/4/13

September 4th, 2013

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications increased 1.3% from last week.  In addition, the mortgage delinquency rates for multifamily housing decreased 6.72% in the second quarter.  Consumer sentiment also decreased last month after a six-year high. In The News: Housing Wire – “Multifamily delinquency-rate decline implies strong market” (9-4-13) “Multifamily

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The Norris Group Real Estate News Roundup 8/27/13

August 27th, 2013

Today’s News Synopsis: Home prices continue to show signs of increase according to the latest S&P/Case-Shiller Index.  Prices increased by 12.1% in 20 of the largest cities in the nation in June.  Home sales also increased last month by 3% month-over-month and 17.6% year-over-year.  In the meantime, mortgage delinquencies are continuing

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The Norris Group Real Estate News Roundup 8/26/13

August 26th, 2013

Today’s News Synopsis:   Two more banks closed in Tennessee and Arizona, bringing the new total now to 20.  New home sales decreased last month by 13.4% according to the Commerce Department.  The mortgage delinquency rate also decreased to 6.41% after having increased to 6.7% the month prior. In The News: Housing Wire –

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The Norris Group Real Estate News Roundup 8/6/13

August 6th, 2013

Today’s News Synopsis: The number of available jobs increased by 29,000 last month to their highest in five years according to the Bureau of Labor Statistics.  CoreLogic reported home prices increased 11.9%, marking the 16th month in a row home prices have increased.  In the same month,the national delinquency rate increased

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The Norris Group Real Estate News Roundup 8/5/13

August 5th, 2013

Today’s News Synopsis: The Mortgage Bankers Association reported the amount of mortgage credit available last month increased by 2.2% to 112.3.  Another bank closed in Florida this past week, bringing the new total of closed banks to 17.  The OCC has nearly completed mailing all of their foreclosure review checks. In The

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The Norris Group Real Estate News Roundup 7/29/13

July 29th, 2013

Today’s News Synopsis: Pending home sales decreased 0.4% last month with the increase in mortgage rates.  The FHFA announced that by the end of this year they hope to use risk-sharing transactions to return private capital to the mortgage finance system.  According to the latest Lender Processing Services report, home prices

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The Norris Group Real Estate News Roundup 7/25/13

July 25th, 2013

  Today’s News Synopsis: Jobless claims increased by 7,000 to 343,000 this past week.  Mortgage rates fell again and are at their lowest in three weeks with 30-year rates at 4.31% and 15-year rates at 3.39%.  Some good news: Five markets in the U.S. have fully recovered, bringing the total for recovered

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The Norris Group Real Estate News Roundup 6/25/13

June 25th, 2013

Today’s News Synopsis: Home prices increased in April by 12.1% year-over-year, exceeding expectations.  The national delinquency rate stood at 6.08% in May, the lowest since May 2008.  At the same time, foreclosure inventory also decreased to 3.05%, the lowest since March 2009.  A new bill was drafted to replace Fannie Mae

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The Norris Group Real Estate News Roundup 6/24/13

June 24th, 2013

Today’s News Synopsis: According to the Lender Processing Services, home prices increased in every one of the largest states in the U.S, having gone up 1.5%.  Homes sold to foreign buyers decreased by 17% and now stand at $68.2 billion.  This news comes with the slowdown in the economy in both

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