Fannie Delinquencies Reach All-Time High at 5.52% The nation’s serious delinquency rate on single-family mortgage loans for August was the lowest it has been in six years, according to Fannie Mae’s August 2014 Monthly Summary released earlier.
Moody’s predicts tougher times for some homebuilders Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing.
A worse-than-expected housing slump has left homebuilders with less cash flow to cover debt interest, and some ratings could be cut if that trend continues, Moody’s Investors Service said in a.
The differences include some you may not have considered. As you plan your new home, one of the first questions to consider is whether working with a smaller, custom home builder or a higher-volume home builder (also referred to as a production builder) is the best choice for you.
Moody’s also noted that reinsurers will have a tougher time maintaining their ratings over the long term as ceding insurers manage and retain more risk, limiting reinsurers’ growth opportunities.
The reversal in the fiscal health of Michigan’s cities in post-recession recovery signals potentially tougher times ahead. Of the state’s 1,856. continued growth in the next few years, but predict.
Tough times for local authorities. All the metros examined by Moody’s were penalised by South Africa’s sovereign rating downgrade and the outlook on all six metros it rated was adjusted to.
Next year, we’re apt to see this battle begin, especially if the Federal Reserve raises rates as many as four times, as some already predict. Throw in the fact that year-over-year growth comparisons.
Moody’s Predicts Bright Days Ahead for Homebuilders October 1, 2012 Despite some heavy risks hanging over the industry, Moody’s is projecting a positive future for the nation’s homebuilders, the.
Pending Home Sales Paint Problematic Housing Picture Then, if the property feels as good as it looks, it can lead to a speedy sale. While the city’s housing landscape. hundreds of thousands of homes in the GTA that still have knob and tube and will.Most Americans Hanging on By a Financial Thread: Study Fidelity expected to ramp up LPS data operations Moody’s: Single-family rental equity securitization poses more risk freddie mac multifamily rankings affirmed by Fitch, Morningstar and S&P Three of the big ratings agencies say they believe in Freddie Mac’s multifamily asset management and operations. Here’s why.. freddie mac multifamily rankings affirmed by Fitch, Morningstar and S&PWord of the plans comes a week after the private equity giant got an increased bank loan from Deutsche Bank and others to expand its significant holdings of single-family homes. market sources told IFR that Blackstone is planning at least one securitization to help underpin its long-term financing in the REO-to-rental sector..Fidelity for Lender Processing – Yahoo Finance – As per the deal, Fidelity’s shares are valued at $25.489 per share, translating to a fixed exchange ratio of 0.65224 shares for each LPS share. As a result Fidelity is expected to issue 57.4.FHA clarifies certification requirements to streamline HECM lending In a Mortgagee Letter issued Monday, the U.S. Department of Housing and Urban Development (HUD) has revised changes to the home equity conversion mortgage (hecm) program requirements, some of which.S. Carolina Supreme Court: Non-attorneys can modify home loans The age of majority or when a person becomes a legal adult is 18 years old in South Carolina, under South Carolina Code Section 15-1-320. Age to Purchase Alcohol In South Carolina, it’s illegal for anyone under 21 to purchase, consume, or possess beer, wine, or alcohol (except as part of a religious ceremony like communion).
Some readers may not recognize the name of the man or the. Einhorn’s plan would squander GM’s surplus, rather than save it for tougher times, which auto-loan stresses suggest lie ahead..
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Third-quarter multifamily originations drop 16% from 2Q While it blamed the steep drop in mortgage revenue on a loss from the quarterly valuations of its servicing portfolio, it clearly did not benefit as much as some other lenders did from a drop in rates. Originations of first and second mortgages rose 20% from the first quarter but tumbled 11% from a year earlier, to $85 billion.
European car manufacturers face tougher times both at home and in emerging markets, writes Jennifer Rankin. POLITICO EUROPE.. EU carmakers rev up for harsher times.. chief executive of the European Association of Automotive Suppliers (CLEPA), predicts that Europe’s share of world markets could drop to 20% in 20 years’ time.