FHA Loan Articles

Sales of existing homes unexpectedly fell in January

GSE rep and warrant relief tools will improve underwriting: Fitch

America's Hottest Housing Market Has Suddenly Cooled Down. By. Meanwhile the number of homes sold in January fell 17% from last year, the sixth. Mr. Tomnitz pointed to the large increase in existing homes for sale.

Washington (AFP) – Sales of new US homes in January unexpectedly fell to their slowest pace in three months while prices edged downward, the government reported Thursday. But the slowdown followed a.

U.S. existing home sales unexpectedly fell in June, according to the National Association of Realtors, raising fresh doubts about the housing recovery. Here are five important trends taken from the

In January 2008, there were 3.54 million homes for sale. Existing home sales unexpectedly rose in December as rock-bottom prices attracted some buyers in certain distressed markets.

Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available.

"A significant breakout in existing home sales is unlikely this year." Existing home sales fell 0.4% to a seasonally adjusted annual rate of 5.19 million units last month. March’s sales pace was unrevised at 5.21 million units. Economists polled by Reuters had forecast existing home sales rising 2.7% to a rate of 5.35 million units in April.

Overuse of GSE tools in the private-label market adds risk: Moody’s Lenders scolded for climate ignorance in ‘insane’ Florida deals People on the move: Oct. 6 No, Marco Rubio, government did not cause the housing crisis (washingtonpost.com. . what we need are lots of bankers behind bars. that’s what it will take to head off the next market collapse.. The critics have forgotten that the House passed a GSE reform bill in 2005 that could well have.

(RTTNews) – New home sales in the U.S. unexpectedly showed a steep drop in the month of January, according to a report released by the Commerce Department on Monday. The report said new home sales.

The estimate of new houses for sale at the end of January was 301,000, representing 6.1 months of supply at the current sales rate. Last Wednesday, the National Association of Realtors released a separate report unexpectedly showing a significant decrease in existing home sales in January.

Wells Fargo cements DeVito’s role as head of home lending Statement Regarding Head of Wells Fargo Consumer Lending – SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) announced today that Franklin Codel, a senior executive vice president and head of its consumer lending organization, has been.Midwest Top Producers see first-time home buyers as key to success New york providing grants to boost zombie property law compliance ALBANY, N.Y. (NEWS10) – New York is now holding companies accountable for so-called "zombie properties." The law goes into effect Tuesday. According to the law, banks and mortgage services.

Highlights of January Existing-Home Sales Contract closings fell 3.2% month over month to 5.38 million annual rate (estimated 5.6 million) from 5.56 million; below all estimates in Bloomberg.

So Your Company Has a Hit. What Next? – Harvard Business Review – Tiny monsters known as Pokmon suddenly appeared all over the world, threatening to use their fantastic powers to do battle in parks, on city blocks, and in homes.. The average life span of companies on the Standard & Poor's 500 has fallen.. In response, the company doubles down on its existing strategy, increasing.