The Norris Group Real Estate News Roundup 12/07/09
Today’s News Synopsis The MBA reports that delinquency rates increased during the third quarter for most mortgage investor groups. Bernanke claims that the recovery should continue for at least a year,...
View ArticleThe Norris Group Real Estate News Roundup 1/21/10
Today’s News Synopsis: MDA DataQuick reports that 7,828 new and resale houses and condos were sold in the Bay Area during December. According to OCC, seriously delinquent loans of 60 or more days...
View ArticleThe Norris Group Real Estate News Roundup 1/26/10
Today’s News Synopsis: CBIA reports that 36,209 building permits were issued in California last year. The 30-year mortgage rate decreased by 0.4 percent in December. DBRS expects loan servicers to...
View ArticleThe Norris Group Real Estate News Roundup 6/22/10
Today’s News Synopsis: According to the MBA, the level of commercial/multifamily mortgage debt outstanding decreased to $3.31 trillion in the first quarter. The NAR reports existing home sales...
View ArticleThe Norris Group Real Estate News Roundup 9/16/10
Today’s News Synopsis: According to MDA DataQuick, 6,698 houses and condos closed escrow in the Bay Area last month. Also, 34,239 houses and condos were sold statewide. BarCap expects that of all the...
View ArticleThe Norris Group Real Estate News Roundup 9/17/10
Today’s News Synopsis: Fitch Ratings reports delinquencies on commercial real estate CDOs increased to 12.1% last month. Statistics from BarCap show GDP slowed to an annual rate of 1.6% in the 2nd...
View ArticleThe Norris Group Real Estate News Roundup 10/27/10
Today’s News Synopsis: The MBA’s weekly survey shows mortgage application volume increased 3.2% this week. Mortgage bankers estimate the housing market will not recover until 2012 at least. HUD reports...
View ArticleThe Norris Group Real Estate News Roundup 12/13/10
Today’s News Synopsis: 22.5% of all mortgages were underwater in the 3rd quarter, according to CoreLogic. The FHA extended deadlines for condo projects seeking to renew their mortgage insurance. Altera...
View ArticleThe Norris Group Real Estate News Roundup 2/7/11
Today’s News Synopsis: The MBA reports $110 billion in commercial and multifamily mortgages were originated in 2010. 36,500 mortgages were modified through government and proprietary programs in...
View ArticleThe Norris Group Real Estate News Roundup 3/14/11
Today’s News Synopsis: FHA extended HARP until June 30, 2012. The Supreme Court of New York ruled in favor of MERS, confirming it’s ability to foreclose on a mortgage and assign it. An attorney...
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