Items Tagged with 'Housing Crisis'

ARTICLES

Monday Morning Cup of Coffee: Trump U paid AGs? NY Fed Bank heist warning?

Also, jobs crises may be like housing crash
Yahoo News broke a story on Sunday revealing that the Federal Reserve Bank of New York — which was the victim of a spectacular $81 million heist in February — actually blocked 35 requests for money transfers, but then approved five of those transfers later. Plus, two attorneys general who dismissed Trump U charges received campaign contributions.
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Hillary Clinton ad uses housing crisis to smear Donald Trump

New ad uses Trump's words against him
While former Secretary of State Hillary Clinton may be the frontrunner for the Democratic nomination for president, she's not the official nominee yet. But that’s not stopping Clinton from attacking the presumptive Republican nominee and attempting to use Donald Trump's seemingly crass prediction about the housing crisis against him.
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There's no consensus on GSE reform, but there is this

Revolution deadline, TBD
After attending a conference with some of the top investors in housing, I’ve come to realize housing is as close to solving GSE reform as it is in solving "which came first, the chicken or the egg?" But amid all the opinions and solutions discussed, there was one session right before I headed back to Dallas that tossed out an opinion I think needs to be mentioned.
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Monday Morning Cup of Coffee: Housing limbo due to homebuilder compliance costs?

The questionable future of interest rates
The housing inventory crisis has created a roadblock during the spring buying season, and it doesn't look like it will be ending anytime soon. As far as when the Fed will raise interest rates, no one seems to have a clue. Experts are widely divided, with only a little more than a month left until the Federal Open Market Committee meets again in June.
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Housing market on the verge of another crisis?

Market is starting to show some signs
Although the market may seem to be improving, some are beginning to wonder if we aren’t headed straight towards the next housing crisis, according to one press report. Here are some signs where the market is showing it might be on the verge of falling.
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CoreLogic: REO sales drop to lowest level since January 2007

Maryland holds largest percentage of distressed sales
Although the market will always have some level of distressed sales, it will no longer be at the same level witnessed during the financial crisis. If the current annual decrease continues, the market would reach its pre-crisis level of 2% distressed sales by mid-2018.
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When will housing inventory shortages finally end?

Not in 2016
Four years in active recovery, and the housing market can’t seem to get past the inventory shortage that penetrates into all crevasses of the industry. And while this won’t change this year, there may be hope for next year as builders start to play catch-up.
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