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Pending Home Sales Hit 9-Year Highs
Pending home sales hit their highest level in over nine years in May, indicating that the strong existing and new home sales announced last week are likely to be repeated again for June and maybe even July activity. The National Association of Realtors®
National Banks Report Improving Loan Performance
Another measure of returning normalcy came on Thursday with a report from the Office of Comptroller of the Currency (OCC) on mortgage loan performance. The regulator said that 94.2 percent of the first mortgages serviced by eight large national banks
Results Trump Intentions in Supreme Court's Fair Housing Ruling
It was buried by the release of the Supreme Court's decision upholding a portion of the Affordable Health Care Act, but the Court today also upheld an important feature of the Fair Housing Act (FHA). The Court, in its usual five-four fashion held that
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...