Experts agree that job creation is critical to getting the housing and mortgage markets back on track – both in curbing delinquencies by ensuring homeowners have the ability to make their mortgage payments and in giving consumers the confidence to beco…
Yearly Archive
for: ‘2010’
HUD Awards $73 Million to Housing Counseling Organizations
The Obama Administration announced on Thursday a round of grants totaling nearly $73 million to more than 500 national, regional, and local organizations to provide housing counseling services. Agencies receiving the grants will focus on helping homebu…
Property Appreciation Expected in 40% of Major Metro Areas in 2011
According to the latest forecast from Veros Real Estate Solutions, select markets in the United States can expect 2.5 percent to 3.5 percent appreciation in home values over the next 12 months.
Although only mild appreciation is anticipated, approx…
Freddie Mac’s Nothaft Predicts Mortgage Rates to Remain Below 5%
Frank Nothaft, chief economist for Freddie Mac, says he expects long-term mortgage rates to hold below the 5 percent threshold throughout 2011, as key macroeconomic drivers provide a backdrop that supports a continued, albeit gradual, housing recovery….
Fitch Gives United States Title Insurance a Negative Outlook for 2011
A report from Fitch Ratings paints a negative picture for the Title Insurance Industry in 2011.
According to the report, the title insurance market is severely affected by the current state of the economy, most notably the sharp decline in real estat…
Prediction: Mortgage Delinquencies Will Decline in 2011
The annual consumer credit forecast from U.S. credit bureau TransUnion foretells a 20 percent drop in national mortgage loan delinquencies by the end of 2011.
TransUnion predicts that the number of delinquent accounts — 60 or more days past due –…
CoreLogic Estimates $11B Lost to Mortgage Fraud in 2010
The research firm CoreLogic has released its official assessment of the monetary toll mortgage fraud has had on the industry in 2010. According to the CoreLogic Fraud Index, fraud losses for this year are estimated to be $11 billion. That figure is act…
Field Asset Services Releases Industry Predictions for 2011
Field Asset Services (FAS) anticipates the field services industry to focus on advancing the vendor network and creating higher quality field service offerings in 2011. The company says with the decline of the housing market, the use of field services …
Commercial Real Estate is Stabilizing and Will Improve, says NAR
The commercial real estate market will see slight improvements in 2011, according to National Association of Realtors (NAR) chief economist Lawrence Yun.
According to the economist, commercial real estate seems to be stabilizing. He says rising com…
Commercial Real Estate is Stabilizing and Will Improve, Says NAR
The commercial real estate market will see slight improvements in 2011, according to National Association of Realtors (NAR) chief economist Lawrence Yun.
According to the economist, commercial real estate seems to be stabilizing. He says rising com…
