Mortgage scammer commits fraud from inside jail cell

Mortgage scammer commits fraud from inside jail cell

Alan Tikal stole $5.8 million from homeowners

Which banks are positioned to capitalize on stress test results?

Deeper dive into Dodd-Frank stress test

More troubling signs point to potential increase in defaults

And yet we introduce a 100% LTV mortgage
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Items Tagged with 'Housing Economy'

ARTICLES

Supply of affordable multifamily housing doesn’t match demand

MBA: Here’s a look at the problem
Trey Garrison
What modest income households needs and what's on the market is out of sync. The MBA warns to mind the gap. Here's the latest low-down.
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Unemployment rate falls as all-time high number drop out of labor force

Employers added 295K jobs in February
Trey Garrison
The unemployment rate dropped and an unbelievable number of jobs were added by employers, but the devil is in the details.
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Initial jobless claims jump dramatically

Bad omen for Friday’s employment situation report
Trey Garrison
Initial jobless claims jumped dramatically, and the 4-week rolling average is rising. This could be bad news for Friday and the economy in general.
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Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn
Trey Garrison
Lending was up and home sales increased in most of the 12 Federal Reserve districts, according to the latest Beige Book released Wednesday. Here’s how it broke down, with thanks to a few Hollywood stars.
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Early soundings suggest slowing job creation in February

ADP, Gallup point to potential slowing
Trey Garrison
Two early metrics suggest job creation slowed in February. Here’s why.
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Construction spending slows in January

Residential, private construction both slip at start of 2015
Trey Garrison
Construction spending slowed down in January, and it wasn't just the weather at work. Here's what happened.
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Fannie Mae: Strong job growth could boost economy

Hiring and wage growth will boost housing market
Trey Garrison
Despite the slate of bad news that’s started off 2015, Fannie Mae’s analysts predict that the economy is poised for a pickup in growth in 2015. Here's why.
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FHFA: House prices edge up 1.4% in December

Smaller inventories provide upward pressure
Trey Garrison
Smaller inventories helped push house prices slightly higher in December. Here's the rundown on what happened.
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Jobless claims surge the most since 2013

Continuing claims the worst since 2009
Trey Garrison
Trouble ahead as jobless claims surge the week ending Feb. 21. Here's what happened.
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Latest data shows housing economy sluggish

New home sales decline shows housing liftoff isn’t near
Trey Garrison
New home sales flatlined in January, but while some say it's a sign the housing market is in for a long slog, others are optimistic about the long-haul for 2015. Here's why.
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