Posts Tagged ‘Securities and Exchange Commission’

Business As Usual? Not According to New NAR CEO

August 3rd, 2017

Today’s News Synopsis: The new National Association of Realtors CEO Bob Goldberg says they are set to “embrace disruption.”  Zillow reported an increase in the homeless population with rents drastically increasing.  Mortgage rates continue to remain level with 30-year rates at 3.93% and 15-year rates at 3.18%. In The News: Freddie Mac – “Mortgage

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Is There An Open Rebellion Against the Real Estate Giant?

August 2nd, 2017

Today’s News Synopsis: Some NYC brokerages have stopped sending listings to StreetEasy and Zillow group websites.  Will more follow?  More and more households are seeing multiple generations living together in the same house.  $38 million from HUD will be contributed towards combating discrimination in the housing market. In The News: Realtor.com – “All in

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HomeUnion Releases List of Best and Worst Places for Return on Rentals

May 5th, 2017

Sources: CoreLogic US Home Price Report Shows Prices Up 7.1 Percent in March 2017 Consumer Spending in U.S. Stalls in March Purchase Apps Up, Refis Down in Latest MBA Weekly Survey Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million Builder Confidence in the 55+

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Home Prices Increase 7.1% in March According to CoreLogic

May 2nd, 2017

Today’s News Synopsis: ATTOM Data Solutions and Realtor.com are working together to make Home Disclosure Reports available for properties across the nation.  Home prices in the U.S. increased 7.1% in March according to the latest CoreLogic US Home Price Report.  SmartAsset.com released their list of the top ten cities to

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$12.3 Billion Was the Reported Annual Net Income for 2016 for Fannie Mae

February 17th, 2017

Sources: America’s Suburban Hotspots 17.3 Million U.S. Homes with Combined Value of $4.9 Trillion in Zip Codes with High Environmental Hazard Risk The Bay Area Tops List of Best Markets for Sellers; Baltimore and Miami Are the Best for Buyers When It Comes to Moving, Millennials Are Stuck in the Mud Delinquencies Increase in Fourth

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Housing Affordability at Lowest in 8 Years, Yet Still Remains Positive

February 16th, 2017

Today’s News Synopsis: The latest study from ATTOM Data Solutions showed that of the homes valued at a total of $4.9 trillion, 17.3 million of them are in zip codes where environmental hazards are a high risk.  The latest HUD and Census Bureau reports showed housing starts decreased 2.6% to

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Bank of America Settles With FHL Bank of Des Moines Over Mortgage Complaints

May 4th, 2016

Today’s News Synopsis:   Home prices are showing a steady upward trend and have almost halfway recovered.  A lawsuit between Bank of America and FHL Bank of Des Moines regarding mortgage complaints has been settled.  The latest survey from the Mortgage Bankers Association shows a 3.4% decrease in mortgage applications and

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CoreLogic Reports Overall Decrease in Foreclosures

March 9th, 2016

Today’s News Synopsis:   The Mortgage Bankers Association reported an increase in purchase applications but decrease in refinance applications.  CoreLogic reported a 21.7% decrease in foreclosure inventory and 16.2% decrease in completed foreclosures.  Following the recent changes to TRID rules, more originators are reporting an increase in costs and a need

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Los Angeles, Orange, and San Francisco See Biggest Home Price Increases

January 26th, 2016

Today’s News Synopsis:   Los Angeles, Orange, and San Francisco saw the biggest increases in home prices of 6.2% and 11% respectively.  A $1 billion settlement was just reached between JPMorgan Chase and Lehman Brothers regarding damages from bankruptcies.  Lending from MetLife Commercial-Property Lending reached its highest on record at $14.3

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Latest Market Report Shows Mixed Results

January 11th, 2016

Today’s News Synopsis:   The latest market report showed mixed results with foreclosures decreasing to ten-year lows but 90+ day delinquencies  increasing.  A better-than-expected jobs report resulted in an increase in the dollar value.  San Francisco Federal Reserve Bank President John Williams believes it will be six years before the U.S.

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