PRESS RELEASE Home Prices Rose in the Second Quarter of 2012 According to the S&P/Case-Shiller … [Read more...]
The Recovery is Upon Us – Case Shiller Home Prices Beat Expectations, Up Across the Board, Housing has Bottomed
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...]
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...]