Trending Thursday: Fed chills on Great Fall of China?

Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more

What should you do if your Realtor has a family emergency?

But you’re ready to make an offer now

RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
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News

Mortgage Bankers Association adds 28 new members

MBA continues expansion in June and July
The Mortgage Bankers Association announced that it welcomed 28 new members into its ranks in the months of June and July, continuing to elevate its total membership beyond 2,200 companies. Take a look at the new members.
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Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more
How much will the China and global equities plunge inform the Fed’s September meeting on rates? What’s the housing situation in New Orleans a decade after Katrina? And can private capital return to mortgage finance if it’s not sure that capital is safe? Read on.
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Pending homes sales remain flat in July

Modest 0.5% rise led by gains in Northeast
Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors. Is this the start of a sustained slowdown? Read on.
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RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
Sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows while year-to-date U.S. home sales in 2015 are at an eight-year high, and the U.S. median home price in July was at an 82-month high. Say what you will, this is one area of housing that's slowly fading. Read on.
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Fed’s Dudley: Raising interest rates not likely very soon

Due to recent market volatility hike is now "less compelling"
A September interest rate hike is now unlikely due to recent turmoil in the stock markets from China’s volatile economy. According to New York Fed President William Dudley, the prospect of a September rate hike "seems less compelling" than it was only weeks ago.
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