Fannie Mae will buy 97% LTV mortgages

Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product

MBA leaders challenge federal regulators to take action

MBA: It's time for the penalty phase to end

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
W S

Items Tagged with 'California'

ARTICLES

California foreclosures hit lowest level in eight years

Keeps heading down
Brena Swanson
Lending institutions initiated formal foreclosure proceedings last quarter on the lowest number of California homes in more than eight years. Will it last?
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Here are the 14 most outrageously expensive neighborhoods for renters

Markets where you'll spend more than half your income on living
Brena Swanson
Owning a home is becoming more affordable, while renting is becoming more expensive than ever, especially in these 14 neighborhoods.
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Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?
Richard Green

A wealthy buyer from China can look at even the most expensive California markets like San Marino and think, “I can get a lot of house there without spending a lot of money.”


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Zillow: Top 10 markets to buy and sell your home now

California takes over one list
Brena Swanson
Now that the pace of home price appreciation is finally starting to slow, it is easier to see the truth behind which local markets favor either buyers or sellers. Zillow compiled a list of the top ten buyer and seller markets, with the West Coast dominating one list.
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3 reasons why California housing is about to go bust

The money is drying up
California is perhaps one of the most important states in mortgage finance. So much of the mortgage finance world is based in California and, like Texas, the industry is a huge source of employment for workers of varying levels of education. But, trouble could be brewing.
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Pension funds can sue Moody’s and Standard & Poor's

Credit-rating agencies in hot seat
Brena Swanson
The state Supreme Court ruled on Wednesday that California’s public employee pension system can sue Moody’s and Standard & Poor’s for hundreds of millions of dollars due to the high ratings they gave to investments that collapsed in 2007 to 2008.
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Californians most likely to move to...

Trulia: People migrate for jobs, lower density, housing
Brena Swanson
More people are moving away from the major cities of New York and Chicago, opting for a completely opposite region. Trulia outlined the top five between-metro moves over 500 miles.
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California housing market underperforms in July

Pending home sales drop four months straight
Brena Swanson
July was not a strong month for the California housing market as the state continues to underperform. On the positive side, the share of equity sales — or non-distressed property sales — maintained its upward trend, increasing to 90.6% in July, up from 90.3% in June.
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San Francisco earthquake rattles jumbo mortgage-bond collateral

Magnitude 6.0 earthquake should serve as risk reminder
Ben Lane
Sunday’s magnitude-6.0 earthquake should serve as a reminder that bond investors need to weigh the inherent risks that come with investing in the San Francisco market. The foundation of those investments is literally built on shaky ground.
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HUD-OIG: Richmond, California, fails to uphold housing program requirements

City should repay almost $1 million, OIG finds
Brena Swanson

“The rehabilitation of some properties suffered significant delays, while the rehabilitation of other properties had not been completed after more than three years.”


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