Obama scorecard shows home equity highest since 3Q 2008 July 10, 2014, the U.S. Department of Housing and urban development (hud) and the U.S. Department of the Treasury released the June edition of the Obama Administration’s Housing Scorecard, a comprehensive report on the nation’s housing market.The latest data show progress among key indicators, including growing equity and a rebound in the sale of new and existing homes.
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Bill would help homeowners underwater on their mortgages By Vicki Needham – 07/12/11 09:42 PM EDT "Fannie an Freddie should do this on their own and not waste one more minute of aggravation for.
Even more troublesome, in my opinion, is the prospect that the Fed could increase asset purchases after. Disclaimer: Please note that the content of this site should not be construed as investment.
Borrowers must be first-time homebuyers (or Exempt*). Borrower must be below county mcc income limits. (The income limits on a loan taking a MCC are more restrictive than our general limits and are based on the number in the household.) Borrower must be below county MCC purchase price limits.
FHA single-family business explodes; No premium cut coming Federal Housing Administration-insured mortgages are a good deal, and they’re about to get better.. The Obama administration announced the , but it’s not scheduled to go into.Subprime Bloodletting Continues at Fitch Foreclosure and REO timelines have remained stable over the last 12 months and the company continues to achieve good average recovery rates on shortfalls. fitch continues to view. and comprised.
Obama administration revises anti-foreclosure strategy.. Of most interest to institutional investors is a new program at the Federal Housing Administration, which will help underwater borrowers.
Underwater homeowners feeling stuck. of the biggest real-estate markets – were underwater more than 50 percent.. federal government should set aside funds to help more borrowers refinance.
Unemployment rate improves across nation · In over half of the cities adding the most jobs in each state, the poverty rate fell by as much or more than the 1.8 percentage point national decline. Only six cities on this list reported an.
Special Report: A "great haircut" to kick-start growth – The Fed reports that 71 percent of household debt in the U.S. is mortgage-related. But so far Washington policymakers seem more content to. were for borrowers paying high interest rates, not ones.
Under fire to do more to stop the foreclosure crisis, the Obama administration will announce Friday new steps to help the unemployed and the underwater stay in their homes. The initiative calls.
Fitch warns home prices overvalued DALLAS – One of the country’s top financial ratings firms is blowing the whistle on Texas’ hot housing market. Fitch Ratings warns that Texas has the most overvalued home prices in the country and.
The Fed is. with Moody’s Economy.com, a research firm. "This should help assuage concerns that the Federal Reserve is a step behind events, and markets should take solace in this," Zandi said. "The.
Of the estimated 15 million homeowners underwater, about 7.8 million owed at least 25% more than their properties were worth in the first quarter of this year, according to Moody’s Analytics..
About one-quarter of U.S. mortgage borrowers, 11.3 million households, are underwater, according to First American CoreLogic, which collects and analyzes mortgage data.
Hatteras Financial acquires Pingora Asset Management I like Apollo Residential Mortgage Inc.’s operating margin of 51.89%, a good sign for the company’s financial health. Recently, the stock is not traded actively. anworth mortgage Asset Corporation..