In June, over 700,000 loans that were once current became newly delinquent, leading to a near 10 percent month-over-month spike in the national delinquency rate, according to a report from Lender Processing Services (LPS).Spike in Delinquencies
Tuesday, August 6, 2013
Obamanation Reveals Proposals
Housing Finance Reform
In a speech Tuesday, President Barack Obama will stress the need for a new housing finance system based on specific core principles that include putting private capital first, ending Fannie Mae and Freddie Mac’s “failed business model,” and ensuring broad access to the 30-year fixed rate mortgage, according to a fact sheet from the White House.
Monday, August 5, 2013
Friday, August 2, 2013
Italia... Land of Young Cattle...!!!
Posters of Italia A photographic study of Italia; (Greek) meaning "land of young cattle"; these photographs depict an artist view of Italy from the incredible city of Venice; a city of islands, lagoons, canals and bridges; to Verona, Florence, Rome, Lecce and the beautiful west coast city of Sorrento. All of these photos have been enhanced with various techniques of color saturation to express my artistic impressionism. I hope you enjoy them.
Thursday, August 1, 2013
FHA Solvency Act Passes...!!!
The Solvency Act will increase the cost of Government backed FHA loans.
The Federal Housing Administration (FHA) Solvency Act of 2013 (S. 1376) is headed to the Senate after receiving approval from the Committee on Banking, Housing, and Urban Affairs.
Subscribe to:
Posts (Atom)