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Higher Home Prices Suggest Foreclosure Over Short-Sales

by devteam February 3rd, 2015

Rising home prices have been a boon to many homeowners but may not bode as well for those who are facing foreclosure. Black Knight Financial Services' Mortgage Monitor this month takes a look at how liquidation strategies for properties facing foreclosure

December saw Small Gains for Residential Construction Spending

by devteam February 2nd, 2015

December expenditures for construction posted a small gain in December, rising a scant 0.4 percent over November figures. The Census Bureau said today that spending on both public and private construction was at a seasonally adjusted annual rate of $982

Rules Set for Disbursement of Affordable Housing Funds

by devteam January 31st, 2015

When Federal Housing Finance Agency Director Melvin L. Watts testified before the House Financial Services Committee early this week he said that FHFA had notified Fannie Mae and Freddie Mac that it was reversing suspension of contributions to affordable

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