– Active foreclosure inventory has now dropped below 600,000 for the first time since 2007. statistics derived from its loan-level database representing the majority of the national mortgage market.. 2005-Current Apr-16 Y/Y Change Peak Date of Peak Low Date of Low
Sub-prise! Mortgages get looser despite tighter regulations JP Morgan’s Dimon: Prime Mortgages Look Terrible Decline in home prices to continue to 2011: Clear Capital Mercury Network: There’s no need to freak out about collateral underwriter top 4 Deal Killers for Homebuyers – nashvillehotproperties.com – The underwriter is the person who ultimately determines whether or not you are an acceptable credit risk. He or she will assess your ability to repay the loan, your credit, and the collateral used to secure the mortgage – in this case the collateral is the home.Homeland Security joins forces with bank tech to boost cybersecurity The latest real-time housing data from Altos Research and clear capital shows continued deterioration in the US housing market. Clear Capital says prices declined 4.1% in 2010 and are likely to continue declining at a more moderate pace of 3.6% in 2011 (via Housing Wire):. Altos Research showed a 1.63% decline in prices in December (via Altos Research):Outside of reforming the CFPB, the report also delves into residential mortgage lending, highlighting that "present conditions of continued tight mortgage lending in the private sector warrant a.
After falling 34% over the past six years, U.S. home prices will soon bottom. They could turn back up by spring 2013. Why the worries about the "shadow inventory" of unsold homes could be overblown.
US crude oil production falls On May 11, 2016, the EIA (U.S. Energy Information Administration) released its weekly petroleum report. The data showed that US crude oil production fell by 23,000 bpd.
The economic policy of the George W. Bush administration was characterized by significant income tax cuts in 2001 and 2003, the implementation of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that contributed to the subprime mortgage crisis of 2007-2008, and the Great Recession that followed.
Shadow inventory held by the GSEs and HUD "vastly" outnumbers REO properties the groups maintain, according to a joint report from the Office of Inspector General for the Federal Housing Finance Agency and HUD.The report further warned HUD and the GSEs must pay close attention to shadow inventory, which threatens to increase their supply of REOs.
Shadow Government Statistics – Commentary No. 844, October 28, 2016. series, only headline real retail sales is above its pre-recession peak, and that is up by 6.31%.. of inventory change) grew at an annualized real quarterly pace of 2.29% in third-quarter 2016, down from.
Washington Supreme Court: MERS cannot obtain foreclosure power without note 1. Mers cannot be the beneficiary without holding the note. That decision is not terribly surprising. 2. The court did not answer the question of the legal effect of MERS acting as beneficiary. That is extremely disappointing, but most likely due to the case having come up from the US District Court as a certified question to the Supreme Court.
Regulatory differences The FHFA House Price Index breaks down home price appreciation by region. and Connecticut haven’t made much of a dent in foreclosed homes’ shadow inventory. Meanwhile, states.
Shadow inventory reached its peak in January 2010 with 2 million units, or 8.5 months supply, according to CoreLogic. In April 2010, the shadow inventory of residential units sat at 1.9 million units.
Should investors worry about Fannie, Freddie risk-sharing bonds? However, the purchasers of the credit-linked debt do not own the underlying loans. Such ownership interest belongs to the MBS investor. Fannie Mae’s business model and industry-leading credit risk management capabilities facilitate the transfer of both interest rate risk and credit risk to the private markets.
2014 Mount Peak "Gravity" Sonoma County red blend sku #1318559 95 points Robert Parker’s Wine Advocate . Even better is the incredible 2014 Proprietary Red Blend Gravity, which is an intriguing blend of 33% Petite Sirah, 29% Cabernet Sauvignon, 22% Zinfandel and the rest Syrah, Grenache and Barbera aged in 28% new French oak.