Fannie’s Serious Delinquency Lowest Since Jan 2008

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Secondary activity inched higher last month at the Federal National Mortgage Association. Serious mortgage delinquency was the lowest since January 2008

Fannie Mae’s total book of business ended April 2017 at $3.1640 trillion, according to a monthly summary of operational data for the secondary lender.

The book expanded from one month earlier, when the total was $3.1605 trillion. The growth was more significant versus $3.1006 trillion one year earlier.


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Fannie’s Serious Delinquency Lowest Since Jan 2008

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La Appraisers Sued for Restraining Price Competition

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A regulation that was adopted in Louisiana restrained price competition among appraisers, according to a legal action that was filed against the state’s appraisal board.

The Louisiana Real Estate Appraisers Board, a state agency controlled by licensed real estate appraisers, adopted a regulation that became effective in November 2013.

The regulation implemented a requirement that appraisal management companies pay appraisers “customary and reasonable” fees — allegedly an unlawful restriction of price competition.


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La Appraisers Sued for Restraining Price Competition

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Detroit: Community organizing helped stabilize neighborhoods after mortgage crisis

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… —Detroit neighborhoods that survived the subprime mortgage crisis and recession had something … . In 2005, subprime mortgages made up 68 percent of all mortgages in the … future of the city.”
Mortgage foreclosures in working-class MorningSide were …

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Detroit: Community organizing helped stabilize neighborhoods after mortgage crisis

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2016 Originations Exceed $2 Trillion

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New data on the volume of residential loans originated indicate that last year was the busiest for home lending in four years.

The total value of all U.S. single-family properties was $24.3 trillion in 2016. Homeowner equity, meanwhile, worked out to $14.0 trillion.

That left $10.3 trillion in mortgages outstanding as of last year. Agency mortgage-backed securities made up $6.1 trillion, while $3.1 trillion was unsecuritized first liens.


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2016 Originations Exceed $2 Trillion

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Bank Regulators Ease Appraiser Requirements

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Federal regulators of the nation’s financial institutions have come up with a short-term solution to the shortage of real estate appraisers.

An interagency advisory on the availability of appraisers was issued in response to concerns over the limited availability of state-certified and -licensed appraisers — especially in rural areas.

Jointly issuing the advisory Wednesday were the Federal Reserve Board, Federal Deposit Insurance Corp., National Credit Union Administration, and Comptroller of the Currency.


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Critical Conference on Infectious Diseases and Patient Safety

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Infectious Disease Expert to Speak at International Conference

HEATHROW, FL, USA, May 31, 2017 /EINPresswire.com/ — The Linders Health Institute is thrilled to announce their participation at this year’s ASHRAE Region XII Conference (CRC) in …

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Critical Conference on Infectious Diseases and Patient Safety

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Pending Home Sales Slip, But Not in West

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Contracts executed for the sale of pre-owned single-family properties diminished last month. But a sharp increase was reported for the West.

For April 2017, the Pending Home Sales Index, which is a forward-looking indicator based on contract signings, worked out to 109.8.

Compared to the prior month, the inventory of pending home sales retreated more than a percent. It was off more than 3 percent from a year prior.


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Pending Home Sales Slip, But Not in West

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PharmaBro: An American Douchical!

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The critically acclaimed Martin Shkreli musical is running Off-Broadway for 3 more weeks.

NEW YORK, NY, UNITED STATES, May 31, 2017 /EINPresswire.com/ — For more information contact Lauren Gundrum
at lauren@pharmabromusical.com or (609) …

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PharmaBro: An American Douchical!

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NEW GLOBAL MEDIA TECH HUB The Studio, TO LAUNCH IN SYDNEY, ATTRACTS $500K CO-INVESTMENT

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The Studio, a new global Creative and Media Tech innovation hub, has received $500,000 co-investment from the Australian Federal Government.

SYDNEY, NSW, AUSTRALIA, June 1, 2017 /EINPresswire.com/ — The Studio, a new global Creative and Media …

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NEW GLOBAL MEDIA TECH HUB The Studio, TO LAUNCH IN SYDNEY, ATTRACTS $500K CO-INVESTMENT

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Solve Puzzles and Explore The World. Maze Attack Kickstarter Campaign Launches on 6/15/2017

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KATY, TEXAS, USA, May 31, 2017 /EINPresswire.com/ — Maze Attack is an exciting 2D puzzle video game, that offers action and adventure through unique puzzles and boss battles. Many of these puzzles will require observation, awareness and problem …

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Solve Puzzles and Explore The World. Maze Attack Kickstarter Campaign Launches on 6/15/2017

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