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Author Archives: Jordan Funderburk

DS News Webcast: Wednesday 7/9/2014

Foreclosure, REO, News, Webcast

Corelogic reported on Tuesday that 47,000 foreclosures had been completed in May, a year-over-year decrease of 9.4 percent from May of 2013. As of May, about 660,000 homes, 1.7 percent of all homes with a mortgage in the United States, ...

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DS News Webcast: Tuesday 7/8/2014

Foreclosure, REO, News, Webcast

The June Housing Survey released by Fannie Mae shows that consumer sentiment toward the housing market is continuing to improve as the overall economic outlook improves but it still sits well below the level necessary for the market to normalize. ...

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DS News Webcast: Monday 7/7/2014

Foreclosure, REO, News, Webcast

Freddie Mac announced a move Wednesday aimed at reducing the risk to the taxpayer associated with its credit exposure in the residential mortgage market. The Enterprise has obtained a number of insurance policies underwritten by a panel of well capitalized insurers and reinsurers. ...

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DS News Webcast: Thursday 7/3/2014

Foreclosure, REO, News, Webcast

Employment in the private sector rose in June at the highest rate in nearly two years, according to the ADP National Employment Report issued Wednesday for the month of June. By ADP's calculation, private sector employment rose by 281,000 new ...

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DS News Webcast: Wednesday 7/2/2014

Foreclosure, REO, News, Webcast

The National Association of Realtors lent its support to the Homeowners Armed with Knowledge pilot program but has concerns that it will not do enough to lower insurance premiums for homebuyers. In a letter sent to the Department of Housing and Urban Development, ...

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DS News Webcast: Tuesday 7/1/2014

Millennials appear to be choosing to live in the suburbs at a greater rate than was recently believed. Analyzing data from the United States Census, Trulia's chief economist Jed Kolko found that the population growth of Millennials in large, dense cities was outpaced by ...

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DS News Webcast: Monday 6/30/2014

The latest economic forecast from Fannie Mae showed that the underwhelming performance of the economy in the first three months of the year and a shrinking GDP have significantly dulled the optimism its economists once had for the 2014 economy. Fannie Mae ...

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DS News Webcast: Friday 6/26/2014

Homes in a majority of major markets across the country remain slightly undervalued, squashing any concerns of a rising housing bubble according to the latest data from Trulia's Bubble Watch. Nationally, homes remain undervalued by 3 percent. The company determines ...

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DS News Webcast: Thursday 6/26/2014

RealtyTrac recently released a nationwide analysis of zombie properties. The company considers a zombie property any property that has started the foreclosure process but never been foreclosed and the homeowner has vacated the property. Nationally, zombie properties totaled roughly 141,000 ...

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DS News Webcast: Wednesday 6/25/2014

In its latest S&P Case-Shiller Home Price Indices report, S&P Dow Jones Indices recorded an annual price increase of 10-point 8 percent among both the 10 and 20 city composites. Those figures compare to year-over-year increases of 12-point 6 percent ...

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