Strong housing market helps reduce lingering foreclosure inventory

Fannie, Freddie to raise g-fees in April Mel Watt’s first act overseeing Fannie Mae and Freddie Mac came before he officially started. Mel Watt’s first act overseeing Fannie Mae and Freddie Mac came before he officially started..

Housing market improvement: An improvement in housing, typically a consumer’s largest asset, is a boost to net worth, and as a result, consumer confidence. However, a significant move higher in mortgage rates, which are now above 4.5%, could jeopardize the recovery.

Mortgage applications rise 11.7% Mortgage applications rose by 18.6% on a seasonally-adjusted basis. Refinance borrowers with larger loan balances continue to benefit, as we saw another sizeable increase in the average refinance.

A new government program aimed at helping struggling homeowners get out of their homes faster could have a major effect on the region’s housing market this fall, boosting sales but pushing home.

From a financial perspective, we substantially exceeded the midpoint of our adjusted pre-tax income and adjusted earnings per share financial scenarios, and generated strong. real estate and.

Institutional investors pinpoint markets with lingering inventory.. thanks to a relatively fast foreclosure process and strong demand," Blomquist stated.. Strong housing market helps reduce.

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Realtor Group Presses to Reduce Inventories. The National Association of Realtors(R) is urging mortgage lenders to make loans to creditworthy borrowers, in an effort to reduce the inventory of homes on the market. The NAR is also pushing for more short sales and mortgage modifications, to stem the tide of foreclosed homes coming onto the market.

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RealtyTrac found 15 cities where short sales and foreclosures are really taking off, meaning the market of these homes is big and growing — the complete opposite of overall real estate trends that.

Fixed-mortgage rates reverse course, drop Foreclosure filings edge up in October: RealtyTrac Foreclosure filings in October were up 6%, primarily due to a 12% monthly jump in foreclosure starts.. foreclosure starts post highest jump in more than four years. Lending Servicing RealtyTrac.Mortgage Rates Reverse Course, Moving Lower For The First. – Fixed mortgage rates, which have been on a tear since the presidential election, retreated this week, falling for the first time in nine weeks. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 4.2 percent with an average 0.5 point. (Points are.LenderLive names Pete Pannes chief revenue officer Telaria Names Rick Song as Chief Revenue Officer | Business Wire – NEW YORK–(BUSINESS WIRE)–Telaria Inc., (NYSE: TLRA), a leading video monetization software company, today announced that Rick Song has joined the company as Chief Revenue Officer. Mr. Song will lead the global sales team and will be responsible for driving revenue growth and expanding.

"Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory." Bottom Line. In most housing markets, don’t wait for this additional competition to hit the market. If you are considering selling your house, now may be the time.

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Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory over the past year, evidenced by 12 consecutive months of increasing bank.

Are You Properly Positioned For The Economic Upturn? – A housing recovery beginning in 2013. A transition of today’s foreclosures to the rental market. Forecasting that the construction market will rebound once excess inventory is worked off. Global.