Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
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Items Tagged with 'Existing home sales'

ARTICLES

January existing home sales come in flat compared to December

2015 sales expected to pick up where 2014 left off
Trey Garrison
Auction.com's Nowcast provides an early peek at existing home sales for January, and compared to December's number, it's like the highway between Dallas and Fort Worth — no curves. Here are the details.
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Existing-home sales recover after last month’s tumble

Increases back above an annual pace of 5 million sales
Brena Swanson
After last month's huge drop, existing-home sales managed to recover and pick back up 2.4%. While this increase is good, there are still several rough patches mentioned in the National Association of Realtors' report.
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New home sales drop in November

November a bad month for housing industry all around
Trey Garrison
New home sales disappointed in November, coming on the heels of Monday's 6.1% drop in existing home sales and meager house-price gains from the FHFA. Here are the details.
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Capital Economics: Don’t panic about November home sales

Analyst says existing home sales will rebound, but others differ
Trey Garrison
Economists differ on what November's existing home sales plunge means. One says don't panic, another says it's part of a larger underlying weakness.
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Existing home sales collapse 6.1% in November

Tumble comes amid record low declining rates, prices
Trey Garrison
In the biggest drop since July 2010, existing home sales collapsed in November, despite record low rates and falling median home prices. What's happening? NAR says buyer uncertainty, but that doesn't seem likely.
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Realtor.com forecast: Millennials will break out in 2015

Existing home sales and mortgage rates up, affordability down
Trey Garrison
Realtor.com’s chief economist Jonathan Smoke is launching his first annual forecast, and he's dramatically breaking away from the crowd with a different view of what 2015 holds for housing and mortgage finance.
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Existing home sales tick up 1.5% in October

Second month in a row of gains brings pace to highest in 11 months
Trey Garrison
Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of Realtors.
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FNC: Home prices slightly drop in September

Reverses 30-month rising streak
Brena Swanson
Home prices finally reversed a 30-month rising streak and declined in September despite strong home sales and continued labor-market improvement.
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September existing-home sales jump to highest annual pace

Sales rise as rates drop
Brena Swanson
Despite last month’s slight retreat, existing-home sales jumped back up to their highest annual pace of the year. And on top of that, all major regions except for the Midwest experienced gains in September.
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Existing home sales drop 1.8% on cash buyer retreat

Annual home sales down 5.3%
Trey Garrison
With cash-paying investors in a full retreat, existing home sales dropped 1.8% in August, according to the National Association of Realtors. "On the positive side, first-time buyers have a better chance of purchasing a home now that bidding wars are receding and supply constraints have significantly eased in many parts of the country,” said Lawrence Yun, NAR chief economist.
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