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Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary
RECENT BLOG POSTS
Fitch Ratings said today it will keep its rating on U.S. debt at the highest grade, AAA, and issued a "stable" outlook, meaning it expects the rating to stay there. It also said that the country's flexibility in monetary policy gives it the ability to absorb economic shocks. The dollar's central ...
08/17/2011
WASHINGTON, DC — Fannie Mae's (FNMA/OTC) latest quarterly National Housing Survey (NHS) finds consumer pessimism growing with concerns about job loss, as 64 percent of Americans surveyed during the second quarter saying the economy is on the wrong track, the most for any quarter since the incepti...
08/16/2011
 Timely Insights into Key Consumer Attitudes Driving Housing Decisions WASHINGTON, DC — Fannie Mae's July national consumer attitudinal survey finds that Americans' attitudes about the economy, household finances, and homeownership are growing more pessimistic – with 70 percent of Americans belie...
08/16/2011
SingleSource is a provider of integrated mortgage services and property management solutions. They are headquartered in Canonsburg, Pennsylvania, and provides service coverage in all 50 states, the US Virgin Islands and Puerto Rico.  SingleSource says while many firms offer a cash for keys tool, ...
08/16/2011
University of Florida Bergstrom Center for Real Estate Studies Warrington College of Business Administration Survey of Emerging Market Conditions August 2011 The outlook for the real estate markets in the state declined slightly in the second quarter as uncertainty in the direction of the econom...
08/16/2011
After heading higher for three straight months, the nation’s unemployment rate declined to 9.1 percent in July, down from 9.2 percent in June, according to figures just released by the U.S. Department of Labor. The economy added 117,000 jobs last month.   July’s numbers beat analysts’ forecasts. ...
08/05/2011
As of August 4, 2011, the FDIC has authorized suits in connection with 30 failed institutions against 266 individuals for D&O liability with damage claims of at least $6.8 billion. This includes 9 filed D&O lawsuits (1 of which has settled) naming 68 former directors and officers. The FDIC also ...
08/05/2011
Personal income increased $18.7 billion, or 0.1 percent, and disposable personal income (DPI) increased $16.3 billion, or 0.1 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $21.9 billion, or 0.2 percent. In May, personal income in...
08/03/2011
The commercial mortgage-backed securities (CMBS) market had been abuzz with positive momentum and murmurings of recovery for the better part of this year, but Trepp says that has all but vanished within the past few weeks. The research firm reported Tuesday that its latest monthly CMBS delinquenc...
08/03/2011
  In its own private negotiations with state attorneys general and officials at HUD and the U.S. Justice Department, Bank of America is reportedly bringing principal reductions to the bargaining table.  BofA and four other mortgage servicers have been in discussions with state and federal officia...
08/03/2011