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Watt Updates Congress on FHFA Operations

by devteam January 28th, 2015

Melvin L. Watt, appeared before the House Financial Services Committee on Tuesday, his first such appearance since he became director of the Federal Housing Finance Agency (FHFA) a year ago. Watt, in his prepared remarks, recounted to committee members

2014 New Home Sales 1.2 Percent Higher than 2013

by devteam January 28th, 2015

Normal 0 false false false EN-US X-NONE X-NONE New Home Sales in December scored a big increase over November’s figures according to a joint Census Bureau, Department of Housing and Urban Development report issued today. Sales on a seasonally adjusted

Case-Shiller: Recovery has Barely Reached First Base

by devteam January 27th, 2015

As has been the case for some months the latest report from S&P/Case Shiller shows a continued slowing of home price increases. November results for both the 10-City and 20-City Composite Indices were lower on a year-over-year basis than in October

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