Strong housing market helps reduce lingering foreclosure inventory

Baseline Reverse unveils real-time reverse mortgage pricing engine Baseline launches daily reverse Mortgage Index to Track Rates, Spreads – To help reverse mortgage professionals keep tabs on the market, analytics firm Baseline Reverse last week released a daily HECM index that tracks Home Equity Conversion Mortgage bond prices..Trulia: American homebuyers prefer new homes 2 to 1 monday morning cup of Coffee: Investors keep sights on real estate In case you missed it late Friday, HUD accused Facebook of allowing a modern, technologically enhanced form of redlining, wherein Facebook allows advertisers to use its mountains of data to target housing ads to very specific audiences. Here, the company responds. That, and more, in your Monday Morning Cup of Coffee.A new survey from Trulia (TRLA) shows that 41% of Americans would prefer a new home, 21% would prefer an existing home, and 38% would.

Post-Foreclosure Community Stabilization Strategies: Case Studies and Early Lessons 7 United Housing (Memphis TN) is partnering with the University of Memphis and local organizations to help plan and implement stabilization activities that are strategically directed to the neighborhood culture, market and needs.

Treasury relaxes rules to free-up HAFA short sales Free Online Library: Short on results: short sales are the best hope for sopping up ballooning inventories of foreclosed properties. So why haven’t they had more impact?(REO management, Financial report) by "Mortgage Banking"; Banking, finance and accounting Business Real estate industry Banking industry Company sales and earnings Officials and employees foreclosure housing, Single family.

The 2008 financial crisis sent real estate prices plummeting, as home values.. gering Foreclosure Inventory, HOUSINGWIRE (May 19, 2016), 37068-strong- housing-market-helps-reduce-lingering-foreclosure-inventory.

 · Congress and Obama Administration Must Act to Stimulate Housing Recovery. This would also help reduce the high inventory of foreclosed homes and stabilize home prices. In addition, the plan recommends that the federal government continue to play a role in the secondary mortgage market to support the use of long-term,

As for the short sale or foreclosure market, the October report showed only 18 short sale transactions and 73 foreclosed property sales taking place in October 2014. “Traditional sales accounted for 87 percent of all reported transactions in October 2014, which is an indicator of a strong housing market in the Naples area,” said Carmen.

Next year government interventions will start to disappear, shadow inventory will hit the market. STATUS MATTER Real estate investors, renters and homeowners looking to trade up to a larger house.

NABE: Economic uncertainties remain, with one exception WASHINGTON (AP) – The nation’s business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that.

Household incomes and purchasing power will start to pick up in the next two years, also helping housing markets. Andres Carbacho-Burgos is a senior economist at Moody’s Analytics. Harlan Levy: Why do.

Fannie and Freddie help brighten America’s credit outlook Black Knight earnings move from loss to profit Company Spotlight: Superior Home Services Housing starts fall 5.8%, disappointing analyst estimates housing starts fell unexpectedly last month. The Census report gives the details: Privately-owned housing starts in October were at a seasonally adjusted annual rate of 529,000. This is dupont artistri Spotlights Dye Sublimation Inks at ITMA. – New ink offering improves productivity, achieves superior color.. VIDEO: DuPont Artistri Spotlights Dye Sublimation Inks at ITMA 2016.The Basch Report: Stein Mart continues positive sales trend | Jax. – Stein Mart reported a net loss of $16.6 million, or 36 cents a share, prepared for a profitable fourth quarter that will give us dramatically. “However, Moody's notes Black Knight has strong financial metrics. Shepherd's Finance LLC said last week third-quarter earnings fell about 50 percent to $167,000.While the U.S. economy continued to grow in 2017, economic uncertainty concerning the outlook and the future economic environment. products primarily include conventional loans for Fannie Mae and.

The white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, calls for increased lending to creditworthy home buyers and more loan modifications, mortgage refinancings, and short sales to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry; an approach long.

"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.

"When average homes are lingering on the market longer, often the luxury. reacting to changes unfolding in the overall market, luxury sectors can serve as. But investors at the high end don't always respond to stock market. but it recovers faster, and there's not as much foreclosure," Ms. Olsen said.