U.S. foreclosure filings fell 2 percent in February, but still remain 6 percent over their rate of one year before, according to new data released today by RealtyTrac.
Read the original here:
Foreclosures Down in February
The number of states reporting increased unemployment declined in January, with the majority reporting a net increase in jobs, according to figures released today by the Labor Department.
Read the rest here:
State Unemployment Rates Slow
A widely disparaged set of new rules affecting home appraisals has actually had relatively little negative effect on real estate appraisers, according to a new study by an appraisal management company (AMC).
More here:
Industry Report Finds Little Impact from Appraisal Rules
The FDIC is looking at principal writedowns in its loss-share agreements with failed banks as a way to help at-risk homeowners avoid foreclosure, according to FDIC Chair Sheila Blair.
Go here to read the rest:
FDIC’s Blair Touts Writedowns on Underwater Mortgages
Pending home sales fell in January, despite expectations of a boost from expanded tax credit, according to new figures from the National Association of Realtors (NAR).
Original post:
Pending Home Sales Fell in January
More consumers moved to refinance their mortgages last week as rates once again dipped below the 5 percent mark, according to new information from the Mortgage Banker’s Association.
Read more:
30-Year Rates Back Below 5 Percent: MBA
The Home Affordable Refinance Program (HARP), originally scheduled to end in June, will be extended at least one more year, the Federal Housing Finance Agency has announced.
Read more from the original source:
Home Affordable Refinance Program Extended
Consumer spending rose by half a percent in January, even as disposable income fell by nearly the same margin, according to new figures released today by the Commerce Department.
Go here to read the rest:
Consumer Spending, Manufacturing Show Gains
Existing home sales took another big drop in January, falling 7.2 percent after posting a record decline in December.
Source:
Home Sales Post Second Big Drop
Unemployed homeowners would get reduced mortgage payments for up to nine months to help them stay in their homes, under a new proposal from the Mortgage Bankers Association (MBA).
See the original post:
MBA Proposes Mortgage Help for Unemployed Homeowners