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Homebuilder Confidence Back Into Positive Territory

by devteam July 16th, 2014

Homebuilder confidence in the market for new homes crossed into positive territory in July, the first time the measure has been above the crucial 50 mark since January. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index

Mortgage Application Volume back to pre-Holiday Levels

by devteam July 16th, 2014

The Mortgage Bankers Association's (MBA) Market Composite Index notched another decline during the week ended July 11, the fifth straight down week for the index which measures the volume of mortgage applications. The index decreased 3.6 percent on a

Smarting over Fines, Chase will Reduce FHA Lending

by devteam July 16th, 2014

JP Morgan Chase appears to be questioning the wisdom of remaining an FHA lender. The company's Chairman and CEO, Jamie Dimon, made critical comments about the FHA program during a conference call on Tuesday accompanying release of its 2 nd quarter financial

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