Bank REO down 18% from one year ago D.R. Horton’s homebuilding revenue grows 33% fha mortgage insurance premiums won’t be going down in 2015 FHA to Reduce Annual mortgage insurance premium (mip) in 2017. rising home values and mortgage rates have put the squeeze on home buyers lately, and have reduced mortgage loan application volume as well. Borrowers who use the FHA loan program have another added cost, in the form of an annual mortgage insurance premium, or MIP.U.S. homebuilding was quite a. for the construction sector are expected to grow 33.4% in 2018 from the same period last year on 12.6% higher revenues. Among the industry bellwethers, Lennar and D.R.Black Knight is reporting that after rising sharply in September, mortgage delinquencies fell by 8.2% in October and are now down by nearly 18% year-over-year. Their October "first look" report also says serious delinquencies (90 or more days past due) have hit a 12-year low and are down 90k from one year ago.Banks May Take Hit on FHLB Stock Holdings Each member must maintain a minimum amount of stock in the FHLB based on its asset size (Membership Stock) and use of mission asset programs (activity stock), in accordance with the FHLB’s capital plan. Members may also hold stock in excess (Excess Stock) of its Membership and Activity Stock requirement.
"Over the past decade, Hispanics have accounted for 62.7% of net US homeownership gains, growing from 6,303,000 homeowners to 7,877,000, a total increase of 1,574,000 Hispanic homeowners.
According to the 2016 State of Hispanic Homeownership Report, last year, more than 7 million hispanic households were homeowners, an increase of 209,000 from 2015, and representing 74.9 percent of net growth of homeownership. The increase in homebuying also led to an increase in Hispanic homeownership rate, which rose from 45.6 percent to 46 percent, while the overall homeownership rate decreased to 63.4 percent.
in 2017 by 1.1 million, accounting for 51 percent of the total U.S. population growth.6 While the fastest growing Hispanic markets are in locations such as Russell County, AL; Bryan County, GA; and Luzerne County, PA, more than half of the country’s Hispanic population continues to be located in California (15.3 million), Texas
James G. Johnson, CPA is a full service tax, accounting and business consulting firm located in Fort Worth, TX
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JPMorgan’s Dimon threatens to quit FHA loans The company that created that security, JPMorgan Chase & Co., is led by Jamie Dimon, vice chairman. subprime adjustable-rate loans. In one infamous case, the company’s successor, with Mnuchin.
new technologies, we cannot expect the U.S. economy to be.. accounts are excluded, just over half of Whites would be con-. 40 percent of Asian and Hispanic homeowners lived in one of these. increase the nation's racial wealth gap to record levels, leav-. and Black households lost more than half of their net worth.
Thomas M. Shapiro, Race, Homeownership and Wealth, 20 Wash. U. J. L. & Pol'y. there is growing or declining racial economic inequality. ranging from Individual Development Accounts, to building.. Over half of black American families fell below the.. Hispanic Center provides new data on family wealth and offers a.
Now there’s research to show how much harder African Americans struggle as homeowners. A new study. were more than twice as likely as whites with similar incomes to sign subprime loans, and among.
1 Despite slowing growth rates, Latinos still accounted for more than half (54%) of total U.S. population growth from 2000 to 2014. Hispanics drove at least half of overall population growth in 524 counties that had at least 1,000 Latinos in 2014. In these counties, Hispanic population growth accounted for 54% or more of total growth.