Fannie Mae: Home construction jobs still years from recovery

More than half of US metros post higher foreclosure activity Other metros posting top 10 foreclosure rates in March were Reading, pennsylvania; las vegas; chicago; Baltimore; and Ocala, Florida. DC and 12 states post annual increase in foreclosure activity..

The economists say the low housing supply could still derail the recovery in home. construction report, issued after the Fannie Mae summary, did nothing to improve this outlook. With the.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.. Housing uncertainty drives Fannie Mae Home Purchase Sentiment Index down in October.

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 · Erik and Renee Sundquist have won their eight year long battle with Bank of America illegally foreclosing on their home, reaching a $6M settlement. Oppenheim Law shares more here.

InformationWeek, serving the information needs of the. – This IT Trend Report highlights how several years of developments in technology and business strategies have led to a subsequent wave of changes in the role of an IT organization, how CIOs and other IT leaders approach management, in addition to the jobs.

Housing’s renaissance could lead an economic recovery – This may be hard to believe after the dizzying, six-year-long crash in home sales, construction. Lenders still want borrowers to come up with bigger down payments and higher credit scores than.

Mortgage industry raises concerns about new HMDA rules  · The new rule aims to clarify these concerns.. Amendment CFPB Home Mortgage disclosure act regulatio rules.. partnership Aims to Improve Technology in Mortgage Industry. 6.

So while the number of homeowners in that age range is still. recovery that would see home ownership return to its longer-term trend by the end of the decade. Scenario one is the only case that.

The nation’s economy is five years into a 10-year recovery cycle, according to Douglas Duncan, fannie mae chief economist and vice president. National housing prices have another 3 percent left to fall, excluding distressed sales, and could fall another 7 percent altogether, he said, speaking at the annual real estate conference held by the University of San Diego’s Burnham-Moores Center for.

Fed Beige Book: Economic activity expanded in March, housing results mixed The Federal Reserve released the latest Beige Book on Wednesday which contained the following summation of U.S. economic activity [emphasis. "somewhat weaker;" housing is declining or "holding.

Residential construction workers took the hardest hit during the downturn, and a new study from Fannie Mae shows it will be years before a return to. Fannie Mae: Home construction jobs still.

The jobs recovery is very uneven geographically and by employment sector. There are still 17 states with jobless rates of between 9.5 percent and 14 percent. And while private market hiring is getting better, there’s been a large net loss of government jobs over the past year, which, in a fragile recovery, is hurting many smaller markets.