Countrywide

$8.2 Billion Lawsuit Between Countrywide and Investors Finally Settled

Sources: Freddie Mac: Mortgage rates plummet after Brexit vote Pending home sales: Fewer homes being sold for first time in 2 years Case Shiller: Home prices reach new highs in key housing markets Morning Briefing: Strong rise in real estate optimism Zillow: Starter home values growing at twice the pace of higher-end market Booming US …

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Latest AACER Data Shows Bankruptcy Filings Continue to Decrease

Sources: Case-Shiller: Home prices rising twice as fast as inflation Existing-Home Sales Defy Unfavorable Odds Republicans set to unveil plan to replace Dodd-Frank Groups Call for Action on Housing Finance Reform Top Purchase Markets for Millennial Homebuyers, According to NAR Goldman Sachs in $5.1 billion toxic mortgage settlement Today’s News Synopsis: Aaron Norris of the …

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With Rents Increases, Many May Have to Move Toward Buying

Sources: Morning Briefing: Existing home sales higher in April Federal Reserve: Mortgage debt rises to 4-year high New Home Sales Reach post-Recession High Pending home sales surge to 10-year high Appeals Court overturns Bank of America’s $1.27 billion fine in ‘Hustle’ case ‘Survivor Bill of Rights’ is Gaining Traction Short Supply Causing Faster Price Appreciation …

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Texas Supreme Court Rules in Favor of Ocwen Over Lien Settlement

Today’s News Synopsis: The National Association of Realtors reported existing-home sales increased last month by 1.7% to 5.45 million.  A fine dealt to Bank of America totalling $1.27 billion over fraud was overturned by the United States Court of Appeals for the Second Circuit.  At the same time, the Supreme Court of Texas ruled in …

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The Norris Group Real Estate News Roundup 3/1/13

Sources: LPS: December home prices rose 5.8% annually Confidence Jump With Housing Points to U.S. Growth: Economy FHFA: Mortgage rates edge back up Case-Shiller Indices Show Fastest Gain in 6 Years Mortgage Applications Decrease in Latest MBA Weekly Survey Bernanke tackles risks in housing Bernanke: Spending cuts add ‘significant’ burden to recovery Bipartisan housing commission …

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The Norris Group Real Estate News Roundup 10/20/10

Mortgage application volume decreased 10.5% from last week, said the Mortgage Bankers Association. RealPoint reports CMBS delinquencies increased 1.3% in August. The Federal Reserve’s Beige Book shows economic growth continued in September. Fannie Mae expects total economic growth for this year to equal approximately 2.5%.

The Norris Group Real Estate News Roundup 10/15/10

Some evicted homeowners are breaking into their previously owned homes, and claiming that they were wrongfully foreclosed on. Bernanke is giving signs that the Federal Reserve will continue its strategy of quantitative easing. As a percentage of gross domestic product, the national deficit decreased 1.1% in 2010.

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