New home sales fall 0.3% in October After rebounding in May, new home sales plummeted 5.3% in June but were up 2.4% compared with June 2017, according to estimates from the U.S. Census Bureau and U.S. Department of Housing and Urban Development.. The approximately 631,000 new home sales in June was down from about 666,000 in May but up from about 616,000 in June 2017.Laurie Goodman – Affordability Issues in Housing BlackRock, PIMCO set to push for BofA mortgage deal contents chinese political elites professionals improve productivity corp (nyse: bac real estate news roundup 2/1/10 News roundup 2/1/10 today’ China economic strength allows shift from stimulus.. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.#Brexit: Here is the immediate impact on U.S. mortgage and housing finance #Brexit: The Immediate Impact on U.S. Mortgage and Housing Finance . After much speculation on the U.K.’s decision – British voters decided to leave the European Union – now many speculate about how this will affect the U.S. economy.housing problems. To target assistance and focus attention on those with the worst needs, only renter households with incomes up to half of area medians with housing affordability problems are counted. To address the fact that some households spend less but instead live in crowded conditions or physicallyDigital Transformation for Lenders · Major challenges lenders cite point to the lack of integration across systems and players, a need that was highlighted in our previous research for future mortgage technology success 3. The industry needs further innovation to address the end-to-end integration issue to help all players effectively compete in an era of digital transformation.
Connecticut’s overall home foreclosure activity – ranging from first-time notices to bank repossessions – fell for the second month in a row in July on a year-over-year basis, a further sign.
"2012 was the year of the judicial foreclosure, with foreclosure activity increasing from 2011 in 20 of the 26 states that primarily use the judicial process, and a judicial state — Florida — posting the nation’s highest state foreclosure rate for the first time since the housing crisis began," said Daren Blomquist, vice president at RealtyTrac.
KB Home expands presence in Inland Empire California "We are proud to support the RUHS Foundation as it works to expand healthcare access in the Inland Empire, said John Fenn, president of KB Home’s Inland Empire division. "KB Home is in the business of building communities, so we recognize the importance of organizations like the RUHS Foundation in contributing to the health and vitality.
A surge in bank repossessions of properties last month pushed overall foreclosure activity across the United States to an 18-month high, according to a report by industry firm RealtyTrac released.
40% of subprime mortgages stand delinquent, can prime be next? Wells Fargo officially reaches $1.2B settlement over its FHA lending Recovery questioned as jobless claims jump On Wednesday, the growing pack of economic recovery boosters seized upon a strong. But what will they make of today’s jobless claim news? forthe second straight week, jobless claims jumped up, this.fha temporarily eases guidance on condo approvals On June 30, 2011, FHA issued revised lending guidelines that, yet again, made significant changes to the FHA approval process for condominiums. This most recent guidance came in the form a new FHA Condominium Project Approval and Processing Guide-a 95-page beast of a document-that completely replaces all prior guidelines and becomes the.Wells Fargo officially finalized its agreement with the federal government to pay $1.2 billion, in what is now the largest recovery for loan origination violations in FHA’s history. The.Bad loans in the fourth quarter of last year totaled billion. The effect on automakers. The soaring delinquency rate is prompting lenders to make fewer subprime auto loans. As a result, the.
There were 780 Montgomery AL foreclosure homes for sale with 1 in every 1,259 housing units receiving a foreclosure filing in January 2013. The average selling price of a Montgomery AL home was $104,490 and the average foreclosure selling price was $65,632, a $38,858 savings according to RealtyTrac.com .
· By Gary Lucido, September 13, 2013 at 6:46 am Every month around this time RealtyTrac comes out with their Foreclosure Market Report for Chicago and the nation.
Nationally, foreclosure activity continues to decline, according to RealtyTrac, an Irvine. In the first quarter of 2013, 39 states in total registered increases in the average number of days a.
· If housing in the first six months of 2013 could be summed up in one sentence, it would go something like this: Inventory is painfully tight, sales activity is surging and home prices have jumping. Now real estate experts are sounding off on the trends that will help shape the sector in the second half of 2013. Here’s what you need to know.
osure filings increased 9% from the fourth quarter of 2008 to the first quarter of this year, according to the most recent data released by RealtyTrac. Filings were reported on 803,489 properties in the first quarter – a jump of nearly 24% from the first quarter of last year. One in every 159 U.S. housing [.]
. at RealtyTrac. Includes local state and local foreclosure market information and statistics.. Foreclosure Activity and 30 Year Interest Rate. Add this chart to.