Multifamily Originations Buoying the Industry
Moody’s Investor Service and Real Capital Analytics, basing their studies on the same commercial properties over time, say the recovery of commercial property slowed in the first quarter as prices rose...
View ArticleForeclosure Notations, Mortgage Debt both Drop
HousingWire says, according to the Federal Reserve Bank of New York, household indebtedness fell $53 billion from Q1 to the second quarter of 2012 to $11.38 trillion, $1.3 trillion below household debt...
View ArticleHousing Recovery, Not
CNNMoney tells MHProNews while Citigroup reported a net profit of $468 million for the third quarter, including several significant losses, their mortgage originations, unlike other large lenders, fell...
View ArticleMBA Prognosis: Slow Crawl to Health with Potential Busted Knees
HousingWire reports in the wake of the financial meltdown, the nation gained 4.8 million renters in the last six years while losing 1.7 million owner households, according to the Mortgage Bankers...
View ArticleWells Fargo Reports Growth in Originations
According to nationalmortgagenews.com, Wells Fargo executives welcome the effort by Federal Housing Finance Agency Director (FHFA) Mel Watt to expand mortgage credit availability, but caution that...
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