Shiller sees scope for further home price declines up to 25%

FHA eases new rule on collections accounts FHA Eases Rules on Collections Accounts By Sari R. Updated on 9/25/2013. The FHA (Federal Housing Administration) is now permitting borrowers to supply a written letter explaining their disputed collections accounts.This would be so that they can qualify for a government-backed mortgage. In other words, FHA will ease up borrowing guidelines for.

FHFA’s Housing Price Index (HPI), which is based on loans sold to or guaranteed by the two GSEs, Fannie Mae and Freddie Mac, increased 0.7 percent from March. Further. of 1.25 percent in March and.

As you can see. price decline of at least 11 to 13%. It is our opinion that this downward price decline in the US stock market will align with increased global market weakness and currency.

Prime London housing prices rose a hearty 11.4% in the 12 months to october 2011 [2], up. Shiller said of Norwegian property prices, "This really does look like a bubble." [3] and that policy.

KBRA rates third Invitation Homes single-family 2014-SFR2 New York, August 14, 2014 — Moody’s Investors Service has assigned definitive ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,749 single family.

Unfortunately, homebuilders generally underperform in May and June, and higher housing prices and recent disappointing sales data could further. ticked up over the past year. The Commerce.

 · The 25 percent tariffs on $200 billion worth of imports would come on top of the existing penalties on billion worth of products and an additional $16 billion that are scheduled to go into.

Law firm files suit for BofA homeowners seeking modifications

Robert Shiller is out with a fantastic piece in the NY Times today on the housing decline. Shiller writes: HOME prices in the United States have been falling for nearly three years, and the decline may well continue for some time. Even the federal government has projected price decreases through 2010.

"While prices and sales of existing homes are close to normal, construction and new home sales remain weak," David Blitzer, chairman of the index committee at S&P Dow Jones Indices The S&P/Case Shiller composite index of 20 metropolitan areas gained 4.5 percent in December from the prior year.

Since the release of its second quarter results, the philip morris stock price has risen by over 6%. This compares to a 1% gain for the S&P 500 during the same time period. The index has outperformed the stock over the last year, though. It is up by 14% versus a 25% fall for the tobacco company. Warning! GuruFocus has detected 6 Warning Signs.

At the same time, existing home sales grew last month to the highest level in three years, NAR said. The Case-Shiller numbers are similar to those reported by other home price trackers. mortgage watcher lender Processing Services reported Wednesday that its October home price index shows national home prices up 4.3% from a year ago.