Commercial Debt Declines Partially Offset by Multi-Family
Tim Rood wrote an interesting post today onHere’s a quick excerptCommercial and multifamily mortgage debt fell by $4.9 billion in the first quarter of 2013. The total debt in the first quarter was...
View ArticleFannie Mae Expects Rates to Continue Higher
Tim Rood wrote an interesting post today onHere’s a quick excerptFannie Mae said today in its July Economic and Strategic Report that the view expressed in these reports since the first of this year...
View ArticleHigher Home Prices Slowing California Foreclosure Activity
Tim Rood wrote an interesting post today onHere’s a quick excerptWhile foreclosure starts in California bumped up slightly in the second quarter, the number of homeowners entering foreclosure in that...
View ArticleMulti-Family Belle of the Commercial Lending Ball
Jann Swanson wrote an interesting post today onHere’s a quick excerptCommercial and multifamily mortgage originations jumped 36 percent in the second quarter of 2013 compared to the first quarter and...
View ArticleSellers’ Market For Now, but Home Price Surge Will Not Last
Tim Rood wrote an interesting post today onHere’s a quick excerptHome prices increased during the first quarter of 2013 by 10.2 percent, the first double-digit quarterly increase since the “bubble”...
View ArticleNMLS Report Paints Picture of Industry Consolidation
Tim Rood wrote an interesting post today onHere’s a quick excerptThe number of companies holding licenses to lend, originate, or service mortgage loans declined slightly in the first quarter of 2013...
View ArticleStrong Fannie Earnings Bring Taxpayer Recompense Over $100 billion
Tim Rood wrote an interesting post today onHere’s a quick excerptFannie Mae reported this morning that it posted its sixth consecutive quarterly profit in the second quarter of 2013 and will pay...
View ArticleAffordability Lowest Since 2008 in California
Tim Rood wrote an interesting post today onHere’s a quick excerptThe affordability of California homes is dropping rapidly as prices continue to soar and now higher interest rates are compounding the...
View ArticleFalling Mortgage Debt Offsets Rise in Consumer Debt
Tim Rood wrote an interesting post today onHere’s a quick excerptIn spite of a huge surge in auto loans, Americans reduced their overall household debt by $78 billion during the second quarter the...
View ArticleLoan Profits Were Already Down 14 Percent Before July
Tim Rood wrote an interesting post today onHere’s a quick excerptMortgage loan profits tumbled by 14 percent in the second quarter of 2013 the Mortgage Bankers Association (MBA) said on Friday....
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