Nevada

84 Employees of Goldman Sachs Have Just Been Named Their New Partners

Today’s News Synopsis: The Mortgage Bankers Association reported a 1.2% decrease in mortgage applications from last week.  A new multifamily K-Deal was just pricced by Freddie Mac at $1.2 billion.  84 employees of Goldman Sachs have just been named their new partners, the most in 6 years. In The News: Mortgage Bankers Association – “Mortgage Applications …

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The Norris Group Real Estate News Roundup 8/20/13

Today’s News Synopsis: The mortgage default rate increased slightly to 1.35% last month from 1.34% in June.  However, REIT volumes showed decline and are at new lows with the under performance in agency mortgage-backed securities.  Negative equity has had an effect on the market in that 26% (1.8 million) of 6.8 million homeowners in California …

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

Today’s News Synopsis: Mortgage rates are at new record lows again at 3.47% according to the latest Mortgage Bankers Association survey, although applications are up 6.2%.  The Treasury, HUD and the Ad Council are seeking ways to offer hope to homeowners in crisis through their Foreclosure Prevention Assistance Public Service Advertising Campaign.  Delinquency rates are …

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Matthew Scire

Matthew Scire Joins Bruce Norris on the Real Estate Radio Show #269

This week Bruce Norris is joined by Matthew Scire. Matthew is the director of financial markets and community investment for the U.S. Government Accountability Office (GAO). This radio segment will focus on a report “Vacant Properties: Growing Number Increase Communities’ Costs and Challenges.” The GAO is an agency of the Congress that does studies mostly …

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The Norris Group Real Estate News Roundup 3/12/12

Today’s News Synopsis: In a big story, a $25 billion settlement was filed today regarding robo-signing, a settlement that could increase short sales.  Another bank closed in Illinois, bringing the total now to 13.  In an attempt to get mortgage settlers to act more quickly when settling mortgage write-downs, they will be given higher credit …

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The Norris Group Real Estate News Roundup 12/06/11

Today’s News Synopsis: According to Bloomberg news, Bannk of America reached a settlment with investors from whom they faced a lawsuit, agreeing to pay $315 million.  Pending home sales increased in October according to the National Association of Realtors.  Fifteen euro currency union members will be reviewed by Standard & Poors to see if they will …

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