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Zombies Rise as Foreclosure Pipelines Clear

by devteam February 7th, 2015

As might be expected, as the number of foreclosures has dwindled , so has the number of so-called zombies . However RealtyTrac said on Friday their share of all foreclosures has continued to grow. Zombie foreclosures are those in which the delinquent

NAHB Counting on Employment Strength to Eventually Help Housing

by devteam February 7th, 2015

The National Association of Home Builders ( NAHB ) said today that nationwide metropolitan area markets are improving at a constant pace and are nearing normal economic and housing activity. The Association's Leading Market Index (LMI) issued in conjunction

97 Percent GSE Loans Boost Credit Availability

by devteam February 6th, 2015

New initiatives aimed at increasing access to credit and making it more affordable began to pay off in January according to Mike Fratantoni, the Mortgage Bankers Association's (MBA's) Chief Economist. MBA's Mortgage Credit Availability Index (MCAI) increased

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