Posts Tagged ‘Securities and Exchange Commission’

$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

Read More »

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

Read More »

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

Read More »

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

Read More »

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

Read More »

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.

Read More »

Appreciation on Condos Greater Than That of Single-Family Homes

October 28th, 2015

  Today’s News Synopsis:   The Mortgage Bankers Association reported a 3.5% decrease in mortgage applications from the past week.  Interest rate hikes have been delayed again according to the latest decision by the Federal Reserve.  Zillow reported appreciation of condos is greater than that on single-family homes.   In The News: Mortgage Bankers Association –

Read More »

Bankruptcy Filings Barely Up in June But Down Year-Over-Year

July 2nd, 2015

      Sources: Pending home sales hit 9-year high Construction spending rises in May but residential component weak Mortgage Applications Drop in Latest MBA Weekly Survey as Rates Increase Freddie Mac: Mortgage rates increase to 2015 highs U.S. employers added fewer jobs than expected in June Morning Briefing: Millennial homes are getting smarter CFPB releases complaint data CFPB Asks For

Read More »

Sales of Existing Homes Decrease 5% in Western States

November 21st, 2014

      Sources: Builder Confidence Rises Four Points in November S&P/Experian: First mortgage default rate continues upward trend Single-Family Starts Up 4.2 Percent While Overall Production Drops Slightly in October Foreclosure sales were down a solid 36% YOY in 3Q Mortgage Applications Increase in Latest MBA Weekly Survey Existing home sales tick up 1.5% in October Freddie Mac: Rates

Read More »

California Real Estate Market Slow Right Now with Increase in Prices and Decrease in Demand

October 22nd, 2014

Copyright: Image from       Today’s News Synopsis: The Mortgage Bankers Association reported mortgage refinance applications increased 11.6% from last week.  PropertyRadar believes the California real estate market is slow right now with the increase in home prices and decrease in demand.  Senator Elizabeth Warren and Congressman Elijah Cummings have asked for an investigation

Read More »