FHFA launches pilot REO property sales FHFA Narrows Pool of Eligible Bulk REO Bidders | Asset. – The first bulk sale of 2,500 Fannie Mae REO properties will sell at a discount to single assets, but has the potential to drive prices up after the first $10 billion to $20 billion in foreclosed homes are sold to institutional investors and converted to rentals, according to the amherst securities group (ASG).
Home prices growth continued to slow in May as housing and the economy continues weakening trends, according to data through May 2014 in the S&P/Case-Shiller Home price indices show housing prices.
The non-seasonally-adjusted San Diego Case-Shiller Index had another strong reading for May, setting a new all-time high of 257.46! "Home prices continue to rack up gains two to three times greater than the inflation rate," says David M. Blitzer, Managing Director & Chairman of the Index Committee at S&P Dow Jones Indices.
Case Shiller Home Price Index in the United States is expected to be 221.00 Index Points by the end of this quarter, according to trading economics global macro models and analysts expectations. Looking forward, we estimate Case Shiller Home Price Index in the United States to stand at 220.00 in 12 months time.
JPMorgan’s Dimon threatens to quit FHA loans You are absolutely right about the guideline. Although, the loan cannot be insured by FHA until the lender obtains a paycheck from you. This is why most lenders would just rather wait till you have the first paycheck so they don’t have to sit on your loan. No lender likes to close before the first paycheck, but there are lenders who will do it.Central banks brace for U.S. default MEXICO CITY (Reuters) – Mexico has the liquidity necessary to handle the extreme and unlikely event of any debt default by. and slack U.S. demand for local exports. Taking advantage of cooling.
The tech-sensitive Nasdaq Composite outperforms with a gain. 0.3% to 97.91. Reviewing today’s economic data, which included the Conference Board’s Consumer Confidence Index for May, the FHFA.
Home prices climbed 3.5% year-over-year in April, a slowdown from 3.7% in March. The 10-city composite rose 2.3% year-over-year, which was a slight gain from 2.2% growth in March. The 20-city composite climbed 2.5% year-over-year, down from 2.6% the previous month.
PRESS RELEASE annual home price gains SLOW ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, NOVEMBER 27, 2018 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.
Freddie Mac: Mortgages rates rise from yearly lows Mortgage rates decreased for the fourth consecutive week and the 30-year mortgage hit a new low for 2017, according to Freddie Mac’s Primary Mortgage Market Survey. “The 30-year mortgage rate also.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Seattle-area home prices were: Up 0.3% August to September Up 13.2% YOY. Down 16.3% from the July 2007 peak Last year prices rose 0.3% from August to September and year-over-year prices were up 4.8%.
The S&P/Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions, recorded a 10.1% gain. May/April Change (%) Metropolitan Area NSA SA NSA SA Atlanta 3.4% 1.0% 3.4%.
Nevada has the most underwater homeowners · Arizona, California, Florida, Georgia, Michigan, Nevada and Ohio remained the most stressed states, with 62 percent of underwater borrowers and just 41 percent of mortgages.
Home prices gains are unrelenting in April, Case-Shiller shows June 29, 2018 The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.3% and was up 6.4% for the year in April.