Fri, Dec 23 2011, 8:19 AM
Although there's a decent enough lineup of economic reports this morning, including New Home Sales, Durable Goods, and Personal Consumption Expenditur...
Thu, Dec 22 2011, 10:23 AM
The JD
Power Survey is mostly known for car rankings. But the rating firm also takes a
look at mortgage lenders .
Congrats
in the above to Qui...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:17 AM
If you
have a few minutes, and want to learn more about our economy ("One recent
survey found that one out of every three Americans would not be abl...
Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Tue, Dec 20 2011, 10:38 AM
I f you
have trouble finding something for that special person who has everything, how
about a new chia pet.
The old
saying, "Give a man a...
Mon, Dec 19 2011, 10:59 AM
If you
have a few seconds, go to Google and do a search on "Let it snow."
There's even a "defrost" button.
I am sure that many originators wish...
Mon, Dec 19 2011, 10:03 AM
Homebuilders are more optimistic than they've been about single-family home sales in a year and a half according to a report released today by the Na...
Thu, Dec 15 2011, 10:02 AM
Christmas
Day is only ten days away, and thrill-seeking mortgage bankers and Realtors
everywhere are wondering what they'll find under their tree. H...
Wed, Dec 14 2011, 10:51 AM
The National Association of Realtors® (NAR) will
hold a press conference next week to announce revisions to its data on sales of
previously owned U...
Fri, Dec 9 2011, 11:07 AM
The National Association of Home
Builders (NAHB) reports that one out of every three of its builder members has
lost a sale during the last six mo...
Wed, Dec 7 2011, 4:47 PM
The Departments of Treasury and Housing
and Urban Development have released their joint November 2011 Housing
Scorecard . The report is essentiall...
Thu, Dec 1 2011, 11:06 AM
Sometimes
in the financial markets there is just too much going on to comprehend. For
example, yesterday the Fed (the U.S. Central Bank), in conjun...
Wed, Nov 30 2011, 11:35 AM
According
to a recent survey by the National Association of Realtors (NAR), the typical U.S. homebuyer spent less and
borrowed less in 2011 . NAR's...
Wed, Nov 30 2011, 10:45 AM
Pending home sales took a big jump in October, surging
10.4 percent above October figures and ending 9.2 percent higher than one year
earlier. T...
Tue, Nov 29 2011, 5:26 PM
The Federal Housing Finance Agency's
seasonally adjusted purchase only price index (HPI) shows that U.S. house
prices rose slightly in the third qua...
Mon, Nov 28 2011, 2:23 PM
New homes sales in October rose to a
seasonally adjusted annual rate of 307,000 according to data released today by
the Census Bureau and the Depar...
Wed, Nov 23 2011, 2:50 PM
Spurred by a strong demand for rental
housing and low property prices , investors are buying more houses according to the latest Campbell/Inside ...
Tue, Nov 22 2011, 10:37 AM
The
inability of the Super Committee (maybe not so super) brought forth a flurry of
political jokes. (For example, a driver is stuck in a traffic ja...
Mon, Nov 21 2011, 11:57 AM
Sales of existing homes improved in October while
inventories declined according to the National Association of Realtors® monthly
report. Total sa...
Mon, Nov 21 2011, 10:05 AM
Lots of
people in the real estate & mortgage businesses make a lot of money. As we
head toward Thanksgiving, sometimes it is a good thing to remembe...
Mon, Nov 21 2011, 4:31 PM
Freddie Mac's November Economic Outlook
holds some good news for the economy as a whole, but the housing picture
remains relatively bleak. Thir...
Fri, Nov 18 2011, 1:28 PM
Fannie Mae's November Economics and
Mortgage Market Analysis released this morning cites the depressed sentiments
from the Conference Board consume...
Wed, Nov 9 2011, 12:47 PM
According
to the National Association of Realtors® (NAR) home sales rose in every state during
the third quarter compared to the same period one y...
Mon, Nov 7 2011, 10:50 AM
For the second consecutive month the
Home Price Index (HPI) published by CoreLogic posted a decline. The September HPI decreased 1.1 percent com...
Thu, Nov 3 2011, 5:18 PM
The Departments of Treasury and Housing
and Urban Development have released their joint October 2011 Housing
Scorecard . The report is essentially...
Fri, Oct 28 2011, 9:39 AM
For those
out there that like maps, who are Native American or Alaskan, or who live in
Native American areas, here is a nifty illustration (Oklahoma...
Thu, Oct 27 2011, 12:19 PM
Pending home sales fell for the third
consecutive month in September according to data released today by the National
Association of Realtors ® (N...
Thu, Oct 27 2011, 10:10 AM
If you
have $100, maybe you can buy a house. For the next year, in some states buyers need a down payment of only $100 to purchase a
HUD-owned REO ...
Wed, Oct 26 2011, 10:29 AM
Mobile
homes: personal or real property? This may shed some light on the issue.
First RMIC, then PMI, now...Genworth ? And at some point eve...
Mon, Oct 24 2011, 11:30 AM
(Sorry so late this AM, busy morning oversight!)
Key Events This Week:
Monday:
9:00 - Richard Fisher , president of the Dallas Federal R...
Mon, Oct 24 2011, 11:18 AM
A
song that studies the demographics of the East Coast? "I want to
find myself relaxin' with the other Anglo Saxons." http://biggee...
Fri, Oct 21 2011, 11:18 AM
Tomorrow
is college football day. For you college football fans out there: http://www.robchrisman.com/references/a_and_m_letter.pdf .
And yes, ...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Mon, Oct 17 2011, 10:43 AM
For bank closures on Friday, and I am simplifying
things, in NC the depositors of Blue Ridge Savings Bank were warmly embraced by
Bank of North Ca...
Wed, Oct 12 2011, 4:18 PM
The chief economist of the Mortgage Bankers
Association (MBA) told association members Tuesday that they are in for yet
another tough year. Jay B...
Thu, Sep 29 2011, 10:51 AM
With two
business days left in this month, and companies scrambling to fund either high
balance loans or Streamline loans where rates have dropped e...
Thu, Sep 29 2011, 2:10 PM
The August Pending Home Sales Index issued by the National
Association of Realtors slipped
slightly from July's numbers, portending a few more ...
Tue, Sep 27 2011, 11:05 AM
Some
things you just can't make up. Arch West died last week of natural causes at
the age of 97, and when he is buried this weekend, Arch West will ...
Tue, Sep 27 2011, 3:39 PM
Freddie Mac's September 2011 Economic Outlook is focused on the recent Federal Reserve Bank announcement of its Maturity
Extension Program (aka Ope...
Mon, Sep 26 2011, 11:48 AM
Sales of new single-family homes continue to drag along the bottom of their all-time range. In the most recent estimate released jointly by the Censu...
Mon, Sep 26 2011, 10:27 AM
Have you
ever heard of the Federal Financial Institutions Examination Council? I must
admit that I hadn't, until it released its latest report which...
Thu, Sep 22 2011, 10:32 AM
Sometimes
things aren't always what they seem. For example, http://www.wimp.com/sweetride/ .
One would
hope that a major US bank is what it seem...
Wed, Sep 21 2011, 2:22 PM
Despite what they referred to as " headwinds ,"
the National Association of Realtors (NAR)® reported on Wednesday that sales of
existing homes wer...
Mon, Sep 19 2011, 12:50 PM
Home sales may be stagnant but,
according to data released on Monday by Buildfax, homeowners are increasingly
upgrading the homes they already ha...
Mon, Sep 19 2011, 12:39 PM
The Housing Market Index (HMI) release
today by the National Association of Home Builders (NAHB)/Wells Fargo remained
virtually unchanged for the ...
Mon, Sep 19 2011, 11:46 AM
Welcome to
Talk Like a Pirate Day. Of course, 3.14159...% of sailors are Pi Rates.
Yesterday through next Sunday is "National Singles Week", sta...
Wed, Sep 14 2011, 3:46 PM
Last month the Federal Housing Finance Agency (FHFA) asked
for input on a plan it is considering to augment the Real Estate-Owned (REO) disposition...
