The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

WATCH: Trulia stages haunted house for unsuspecting homebuyers

'Tis the season. For screaming.

10 reasons why people don’t get a mortgage

It’s not just because of finances
W S

Items Tagged with 'Dallas'

ARTICLES

S&P/Experian: Mortgage default rates increase two months straight

Rates hits .93%
Brena Swanson
“Default rates for bank cards reversed an increase seen in the first half of 2014 while defaults on first mortgages and auto loans appear to have bottomed out over the summer,” says David Blitzer, managing director and chairman of the index committee for S&P Dow Jones Indices.
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Deion Sanders’ stunning North Texas home hits auction block

Prime Time’s Prosper mansion was previously listed for $12.9 million
Ben Lane
The 29,000 square foot home features 10 bedrooms, 10 bathrooms, a screening room, a bowling alley, an arcade, indoor and outdoor pools, a full-sized football field (complete with uprights), an indoor basketball court with two baskets, a sauna, a barber shop, and the home backs up to an 8-acre lake with a central fountain and private dock.
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Here’s how the top 5 housing markets look for fall homebuying

Future not too promising
Brena Swanson
The housing market is hesitantly moving into the fall homebuying season, and so far the results don't look too promising. These top 5 markets illustrate just where housing is going.
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S&P/Experian: Mortgage default rates increasing

After falling for almost a year
Brena Swanson
Consumer default rates rose in August, reversing a long downward trend. However, according to David Blitzer, with the S&P Dow Jones Indices, "No return to the extreme default experience of a few years ago is imminent."
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Beige Book: A housing market divided in improvement

Residential real estate activity varies across the board
Brena Swanson
The twelve Federal Reserve Districts weighed in on how their individual markets are doing, painting different housing market conditions. Residential real estate activity was split between them, with sales of existing homes and construction of new homes generally expanding or holding steady in about half of the districts.
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Realogy unit forms national property management division

Acquires Dallas GTF
Brena Swanson
"By combining our local property and asset management services into one national division, we are making a strong commitment to strategically growing our leadership position in this sector," said M. Ryan Gorman, senior vice president of strategic operations with NRT.
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Mortgage default rates continue to trend down

Default rates hit lowest level since May 2006
Brena Swanson
The decline in mortgage default rates paved the way for the national credit default rate to reach an eight year low. However, this does not guarantee good news for potential borrowers.
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Authorities just burned this $800K mansion to the ground

Cliffside home collapsing into Lake Whitney
Ben Lane
In an effort to keep any additional debris from falling into the lake, authorities just set a house on fire. Another option considered was using a big net to drag the house to safety. That option was apparently too crazy of a solution.
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Dallas homebuilders won’t build for less than $250,000

Higher-priced homes dominate market
Brena Swanson
The once competitively priced Dallas market is now losing its appeal as builders cater to higher-priced homes, leaving average borrowers in the dust.
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Freddie Mac: Three Texas cities dominate housing recovery

Lone Star state shows remarkable strength
Brena Swanson
Compared with the rest of the nation, the Texas housing market is running strong since the financial crisis, and what it did get hit with, it recovered from quickly. And this report shows just that.
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