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Cash Sales Dwindle, Concentrated in REO Market

by devteam October 17th, 2014

The share of home purchased with all-cash is continuing to drop, but even with a -3.0 percentage point change between July 2013 and July 2014 they still make up nearly a third of all sales. CoreLogic said today that 32.9 percent of home sales during the

Builder Confidence Loses Steam after Four Months of Gains

by devteam October 16th, 2014

The National Association of Home Builders (NAHB) said on Thursday that sentiment among its new home builder members reversed course in October, with few of those responding to its monthly survey viewing the current market for new homes as a good one.

Relaxed QRM Rules Expected Next Week

by devteam October 16th, 2014

Federal regulators may finally produce the long anticipated market standards for Qualified Residential Mortgages (QRM), perhaps even as early as next week. The new rules are designed to ensure the quality of mortgages that are pooled and packaged into

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