Clear Capital: Momentum continues to build for housing recovery

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"Consumer confidence continues to be vital to a broader housing recovery, and national quarterly home prices expanding 1% in the midst of winter is confirmation the recovery has legs," said.

Wells Fargo officially reaches $1.2B settlement over its FHA lending In the second quarter, Wells Fargo repurchased $530 million of mortgage loans. MBIA has persuaded its auditors to let it book $2.1 billion in receivables from banks, although only one small bank.

Call it a housing recovery, but not a boom. Specific numbers vary, as always, from one month and one locale to the next, yet it’s clear that, on a national basis, sales of both brand-new and existing homes are up, prices are up, residential building permits are up, and sales of bank-owned foreclosure properties are down. “A market.

The housing recovery now lies in Congress’ hands, Clear Capital says. The company draws parallels between recent bouts of economic uncertainty and declines in both consumer confidence and home.

The so-called ‘fiscal cliff’ facing the federal government if the White House and Congress cannot agree threatens to reverse progress on a housing recovery, according to a warning issued by Truckee, Calif.-based Clear Capital. ‘With forecasted gains of 2.2 percent over the next six months, the.

“This upward trend is another indicator that the housing recovery continues to move forward and that FHA’s financial picture continues to brighten,” Woods said.

The city plans to build a beer garden between the building and the water raceway, along with an ice skating ribbon and cafe/event building near the upper right corner of this photo.

StoneHill Group hires Stephen Witters as system administrator The StoneHill Group, a national provider of quality control, due diligence, mortgage compliance audits, MERS reviews and loan fulfillment including underwriting, closing and post-closing.