RealtyTrac: Foreclosure activity picked up in 120 metros Housing inventory, buyer demand are market drivers: JPMorgan House prices are in part a reflection of supply and demand. As housing supply increases relative to demand, price appreciation slows down.. As more inventory enters the market, buyers have more.RealtyTrac also rated "metro. had the worst foreclosure rate in the country in October. One in every 257 houses was in foreclosure. The Trenton-Mercer area was number three. "The six percent.
APEC warns of fragile recovery, sees unemployment as challenge. SINGAPORE: Ministers of the Asia-Pacific Economic Cooperation (APEC) forum on Thursday said the recovery of the global economy was still shaky and expected to be uneven while warning of still-high rates in some nations. "The global economic situation has eased considerably,".
The housing recovery picture is "mixed" as seen in the February edition of the Obama Administration’s Housing Scorecard, released this week by the Department of Housing and Urban Development (HUD) and the Treasury Department. Indicators including existing home sales, mortgage delinquencies and.
Housing Scorecard Shows Big Gains in ‘fragile’ recovery 0 The housing market is making key progress in home prices and sales, but officials warn that the overall recovery remains "fragile" in the Obama administration’s Housing Scorecard for March.
The housing market is making gradual improvements-home prices are inching up and foreclosures are falling-but the recovery still remains "fragile," according to the Obama administration’s April Housing Scorecard. The monthly report highlights progress in the main indicators of the housing market.
WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show progress among many key indicators.
Yet it remains at risk from President Obama. according to Moody’s analyst Lisa Heller, who warns also of the impact to Kentucky of recently-announced target from the Obama administration to cut.
Florida law firms scrutinized in robo-signing scandal (Newser) – The Federal Reserve’s probe into the robo-signing scandal and other abusive mortgage practices failed to turn up a single wrongful foreclosure, the Fed’s Consumer Advisory Council.
"The Obama Administration’s efforts to speed housing recovery are showing continued progress as the January scorecard indicators highlight clear forward momentum in the housing market," said HUD Deputy Assistant Secretary for Economic Affairs Kurt Usowski.
Bank of America stops selling mortgages to Fannie Mae · Fool Me Twice: Bank of America Plays Hide And Seek Using Fannie Mae. The bank decided to sell the portfolio at a loss because its value is expected to deteriorate further, this person added. The loans have a 13% delinquency rate, and more.Clinton: Resurrect the HOLC, and Buy Up Bad Mortgages Read Hillary Clinton on HOLC: [H]ere’s what I believe we should do. First, in light of historic bank failures, even with the largest federal intervention in the history of the mortgage market, we need a government entity, a modern-day Homeowners Loan Corporation, referred to as HOLC — H-O-L-C — or we need to build on the Resolution Trust Corporation created to help deal with the Savings and.
OBAMA ADMINISTRATION RELEASES DECEMBER HOUSING SCORECARD Key Indicators Continue to Show Important Progress in the Housing Market. WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market.