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Luxury Home Sales still Ascendant as Buyers Shift

By Jann Swanson Posted To: MND NewsWire Redfin, the large national real estate firm based in Seattle, is reporting that, while sales of homes costing over $1 million is still outpacing the rest of the market, the source of these sales is changing . The company says that the luxury housing market, which was the first segment to recover after …

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MBS Day Ahead: Sometimes NFP isn’t the most Important Event on NFP Week

By Matthew Graham Posted To: MBS Commentary Remember a few of those NFP days earlier in 2014 when bond markets ended up having a totally counterintuitive reaction? (If you don’t remember, but want to, here’s a reminder ). Long story short, at some point in the spring of 2014, the narrative shifted from a plodding Eurozone recovery and plodding move …

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Despite Continuing Decline, Underwater Borrowers Still Total Four Million

By Brian Honea Despite the declining share of underwater mortgages as a percentage of all mortgages in the U.S., which has fallen below 8 percent, about four million borrowers are still underwater, according to Black Knight Financial Services’ October 2014 Mortgage Monitor released today. The post Despite Continuing Decline, Underwater Borrowers Still Total Four Million appeared first on DSNews. Via:: …

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DS News Webcast: Thursday 12/4/2014

By Jordan Funderburk The level of optimism for the housing market in the U.S. for the fourth quarter of 2014 is at its highest level as it has been at any point during the recovery, according to a recent survey conducted by Trulia. The majority of American adults surveyed for Q4 said they expect all five real estate activities … …

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HUD Awards $10 Million in ‘Sweat Equity’ Grants to Aid Homeownership

By Brian Honea The U.S. Department of Housing and Urban Development (HUD) announced Wednesday that it is awarding $10 million in grants to four non-profit organizations that will create homes for hundreds of families. The post HUD Awards $10 Million in ‘Sweat Equity’ Grants to Aid Homeownership appeared first on DSNews. Via:: HUD Awards $10 Million in ‘Sweat Equity’ Grants …

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Survey: Consumers Optimistic About Housing Market for 2015

By Brian Honea The level of optimism for the housing market in the U.S. for the fourth quarter of 2014 is at its highest point as it has been at any point during the recovery, according to a recent survey conducted by Trulia. The post Survey: Consumers Optimistic About Housing Market for 2015 appeared first on DSNews. Via:: Survey: Consumers …

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United Wholesale Mortgage Announces Launch of Investor Edge program

By Tory Barringer Michigan-based United Wholesale Mortgage (UWM), one of the nation’s fastest growing wholesale lenders, announced on Tuesday the rollout of its newest product: Investor Edge, an offering designed specifically for borrowers seeking to purchase or refinance non-owner occupied investment properties. The post United Wholesale Mortgage Announces Launch of Investor Edge program appeared first on DSNews. Via:: United Wholesale …

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