Posts Tagged ‘Michigan’

The Norris Group Real Estate News Roundup 4/2/12

April 2nd, 2012

Today’s News Synopsis: The number of bank closures is now up to 16 with the recent closure of a bank in Michigan.  Hope Now reported a 20% decrease in private mortgage modifications last month.  JP Morgan is facing a lawsuit from Ambac for mishandled loans. In The News: Housing Wire – “Ambac sues

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The Norris Group Real Estate News Roundup 1/27/12

January 27th, 2012

Sources: Foreclosure Properties Fall to 20% of Home Buys Loan Modifications Are on the Decline: Moody’s First-time unemployment claims climb American economy not healthy yet, but it’s healing Pending Home Sales Decline Monthly, Rise Annually Contracts to Purchase Existing U.S. Homes Hold Near 19-Month High: Economy FHFA home prices fall 1.8% in November Sales of U.S. New Homes Unexpectedly Decline

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The Norris Group Real Estate News Roundup 1/13/12

January 13th, 2012

Sources: Loan Mods and Delinquencies Rise in November: HOPE NOW Foreclosures fall to lowest level since 2007 Mortgage Applications Increase in Latest MBA Weekly Survey Zillow: Home values in November back at 2003 levels Fed governor calls for new housing regulatory regime The fight over Bernanke REO rental plan shows political divide FED FOCUS-Fed treads new path

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The Norris Group Real Estate News Roundup 12/01/11

December 1st, 2011

Today’s News Synopsis: In a big news story, Freddie Mac reported 30-year mortgage rates are still at a low 4%, even after five weeks.  Housing wire reported the number of people claiming unemployment has risen to 402,000.  Despite this, CNN Money reported more young people are being hired.  According to Bloomberg, spending on

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