Foreclosures, short sales increased 1% in Dec. Homebuyer Demand All But a ‘Standstill’: Altos Research Second look: Here’s where Fannie got it right Single-Family News Center – Fannie Mae – Search by Function. Freddie Mac and Fannie Mae (the GSEs) provide guidance on resubmission of UCD data when changes or corrections have been identified.. immediate access to Ask Poli, our self-service online resource for Selling and Servicing Guide inquiries and now, LSDU insights, right within the workflow.Mortgage originations down 35% in first quarter "First National remained profitable in the first quarter despite tighter mortgage spreads, a turbulent interest rate environment and a reduction in single-family originations," said Stephen Smith, Chairman and Chief Executive Officer. "As expected, residential mortgage market activity was naturally lower due to seasonality, and the year-over. · According to Altos Research, there has been a steady decline in Miami’s housing inventory since the beginning of the year. As of October 30, 2011, they showed approximately 4,000 homes for sale in Miami. That’s about 1,000 units less than the inventory at the start of 2011. This trend bodes well for the local real estate market.Mortgage rates tick up slightly Moody’s: Single-family rental equity securitization poses more risk REO-To-Rental Update: Moody’s Issues Guidance on Structuring Risks By Dechert LLP on January 18, 2013 Posted in Residential Mortgage Finance Yesterday, Moody’s issued a Sector Comment expressing concerns with respect to proposed REO-To-Rental deals structured to utilize a collateral package comprised of equity-pledges in the SPV property.President Obama urges financial regulators to speed up reforms FHFA, RBS reach nearly .5 million mbs settlement Royal bank (rbs) nears mortgage bond Settlement with FHFA. – The Royal Bank of Scotland Group plc RBS is about to reach a settlement with the federal housing finance agency (fhfa) regarding the sale of mortgage-backed securities to Fannie Mae and Freddie.In the year since president obama signed the financial regulatory overhaul into law, "The reforms put in place in Dodd-Frank will help to provide for a more. dodd-frank encourages coordination among the regulators to address. will inevitably increase compliance costs and decrease investor returns.mortgage Rates Tick up Slightly as Bonds Sell Off – Mortgage rates ticked up a basis point to 3.84%. Last week, mortgage rates barely moved as the 10-year bond yield rose. The ten-year bond yield rose from 2.12% to 2.18%.Find pre-foreclosures, foreclosure auctions and bank-owned properties in your area.
CoreLogic has reported that the current residential shadow inventory, as of July 2011, declined slightly to 1.6 million units, representing a supply of five months. This is down from 1.9 million units, a supply of six months, from a year ago, and follows a decline from April 2011 when the nationwide.
With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million.. foreclosure inventory Drops As economy improves [infographic].. Shadow inventory numbers are comprised of three separate categories of.. and bank repossessions – were reported on 1,836,634 U.S. properties in 2012,
Recent trends in CO. 2. emissions from fossil fuel combustion show a 3.9 percent decrease from 2011 to 2012, then a 2.6 percent and a 0.9 percent increase from 2012 to 2013 and 2013 to 2014, respectively, and a 2.9 percent decrease from 2014 to 2015.
Non-OECD liquid fuels consumption growth accounts for 1.1 million b/d of the global growth in 2019 and 1.2 million b/d in 2020, with China and India accounting for most of this growth.
Flood insurance pits homeowners against taxpayers Flood Policy. The National Flood Insurance Program is a federal program that provides insurance coverage for damages due to floods. While your homeowners insurance may pay for water damage due to broken pipes, flood insurance pays for damages caused by the rising of a body of water that covers normally dry land.CBO: Should Fannie Mae and Freddie Mac keep $5 billion in profits per year? · Eleven billion per year is a reasonable normalized earnings figure for Fannie alone (post-CRT expenses that have now reached $1.2 billion per year), but given their current business profiles Fannie and Freddie combined should be earning around $18 billion per year.
· The main reason for this skepticism is uncertainty about the “shadow inventory”: foreclosed homes held by investors or as REOs, which have not yet hit the market but likely will as market prices rise. The volume of shadow inventory itself in local markets is largely unknown, as is its impact on the housing market.
Angel Oak plots expansion in non-QM correspondent lending “Over the long term, the prospect of rising mortgage interest rates looms large over the market. Rising rates may cool rapid home price growth – especially in more-expensive coastal markets – but will.
Shadow Inventory: A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices.
· NVIDIA CEO Jensen Huang suggests there may be others to blame for his company’s $700 million revenue miss and unexpected increase in midrange GPU inventory: in his latest earnings call, Huang pointed out there was “more than 12 weeks of inventory between us and the other brand,” implying AMD was a factor. “Huang was asked how cryptocurrency, which accounted for only 10%.
2017 HW Vanguard: Franklin Codel 2018 HW Tech100 Winner: Land Gorilla LinkedIn SVP Deep Nishar joins Auction.com as advisor Online real estate marketplace Auction.com has brought on deep Nishar as an adviser to provide expertise to the company, and also to allow the company to drop names.California homes sales drop 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.California Home Prices and Home Values. The median home value in California is $548,000. California home values have gone up 2.2% over the past year and Zillow predicts they will rise 0.1% within the next year. · For the first time in three decades the boundaries of Volcanoes National Park have been expanded. It’s hoped that the additional land will ease the pressure on the park’s growing population of mountain gorillas, which increased in numbers from 380 in 2003 to 480 in 2010, an impressive 3.7% annual rise (the next census is due out in March this year).Cheryl Williams of Mount Pleasant, South Carolina, also formerly of MetLife Home Loans, has joined Franklin Funding Reverse Mortgages as a reverse mortgage specialist. National Council on Aging. As 2017 wraps up and the mortgage industry faces a new year that will undoubtedly bring successes, as well as challenges, HousingWire is proud to present the 45 winners of our 2017 Vanguard Award.
It was only a matter of time before inventory started hitting the market and unsold homes started to pile up. Not that home sales ever saw big volume increases but given the low inventory, any normal amount of homes sales pushed home values into the stratosphere. So here we are with unsold.