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Castro tells Congress FHA Reductions Sound, Beneficial
Julian Castro told the House Financial Services Committee on Wednesday that the Federal Housing Administrations (FHA) historically high premiums limit affordability and almost certainly discourage some first time homebuyers from entering the housing market
Cash Sales Decline as REO Sales Dwindle
While all-cash sales continue to decline as a percentage of all home sales, in several states they still account for more than half of all residential sales transactions. CoreLogic said on Wednesday that 36.1 percent of home sales in November 2014 were
Mortgage Application Volume Reacts to Rising Rates
The on and off refinancing boomlet that has sporadically driven mortgage application volume since the first of the year went missing again during the week ended February 6. The Mortgage Bankers Association said that its Market Composite Index, a measure
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...