May 20, 2013

The Recovery is Upon Us – Case Shiller Home Prices Beat Expectations, Up Across the Board, Housing has Bottomed

PRESS RELEASE Home Prices Rose in the Second Quarter of 2012 According to the S&P/Case-Shiller … [Read more...]

Lender Processing Services (LPS) Posts $38M 2Q Net Loss, Settles with Missouri

LPS posts $38M 2Q net loss, settles with Missouri JACKSONVILLE, Fla. – Mortgage data company … [Read more...]

Big miss in June manufacturing: Orders down 0.5%, shipments down 1.1%

"Unexpectedly!" Remember that initial estimate from Commerce of 1.5% annualized GDP growth rate for … [Read more...]

Breaking: Q2 GDP 1.5%; Update: 2011Q4 revised upward 1.1 points to 4.1%?

Slump accelerating? The decline in American production continued in the second quarter, according to … [Read more...]

Gallup: Obama hit new low with business owners in the second quarter

Before the "you didn't build that" comment. Gallup’s latest synthesis of its quarterly polling … [Read more...]

Obamateurism of the Day

Step by step. Analysts universally panned the jobs report on Friday, which showed a growth of only … [Read more...]

Home sales contracts are falling apart 2X as fast as last year

In a rare moment of semi-lucid disclosure, the National Association of Realtors (“NAR”) reported … [Read more...]

Negative Equity: How Many Loans are Underwater in Your State?

Home equity has become a thing of the past for millions of homeowners. Nearly 11 million, to be … [Read more...]

Negative Equity: How Many Loans are Underwater in Your State?

Home equity has become a thing of the past for millions of homeowners. Nearly 11 million, to be … [Read more...]

Exports fall 2.3% in June, trade deficit rises 4.4%

Decline. The trade deficit widened in June 2011 by 4.4% while both imports and exports fell, … [Read more...]

PONZI PART DEUX | Freddie Mac Seeks $1.5 Billion from Taxpayers

Freddie Mac seeks $1.5 billion from taxpayers (Reuters) – Mortgage finance giant Freddie Mac … [Read more...]

Fannie Mae asks for another $5.1 billion in bailout cash

More taxpayer gruel. Today brings more great news from the bailout.  Fannie Mae, which has already … [Read more...]

Bachmann: President created twice as many donors as jobs in the second quarter

Plus, other candidates' reactions. This morning’s predictably dejecting jobs report provided … [Read more...]

Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means…

According to Wednesday’s report released by the Office of the Comptroller of the Currency … [Read more...]

David J. Stern Enterprises Announces Earnings…..

Profits at this state’s most notorious foreclosure mill were announced yesterday.  The thing … [Read more...]

FCI: Nonperforming Loan Auctions Strong Through 2016

Editor’s Note: A strong indication that the financial services sector expert this foreclosure … [Read more...]

Mortgage Delinquencies Still Rising says MBA – More Americans Underwater

I have a lot of conversations with people about our economy, foreclosures and such... from clients … [Read more...]

Mortgage delinquency rate hits an all-time high

The delinquency rate on mortgages hit an all-time high in the second quarter, but the pace of growth … [Read more...]

Home sales grew in second quarter in 39 states

U.S. home sales grew in the second quarter in 39 states, another sign that the ailing housing market … [Read more...]

Banks take the blame as 33,000 are declared insolvent

" More than 33,000 people were declared insolvent during the second quarter of the year, official … [Read more...]

Website Designed and Developed by Web Designers Tampa