Andy Purvis
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Real Estate News
Existing Homes: Double Digit Months-of-Supply Watch
Fri, 30 Jul 2010 22:56:29 GMT

How the NAR calculates existing home inventory is a bit of a mystery. However housing economist Tom Lawler has been tracking inventory several different ways. For July, Lawler reports listings totaled 4,038,133, up about 1.6% from June (using Realtor..[read more]

?Free Stimulus? via Refinancing, Debate Grows
Fri, 30 Jul 2010 18:31:48 GMT

Some argue that refinancing is a slam-dunk economic stimulus....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Paulson: Revamp Homeownership Policy, After Market Stabilizes
Fri, 30 Jul 2010 16:58:43 GMT

Once the housing market is stabilized, the federal government should dial down its support for policies that promote homeownership over other investments, writes former Treasury Secretary Hank Paulson....(read more)Forward this article via email:&nbs..[read more]

Federal Reserve announces agenda for August 5 public hearing on Home Mortgage Disclosure Act
Fri, 30 Jul 2010 16:43:06 GMT

Federal Reserve announces agenda for August 5 public hearing on Home Mortgage Disclosure Act...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

House Passes NCSHA-Supported Legislation Extending FHA MF Programs
Fri, 30 Jul 2010 16:11:57 GMT

read more...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Feds Not Impressed by Vegas Builder?s Generous Incentives
Fri, 30 Jul 2010 15:40:42 GMT

Federal authorities accused a Las Vegas home builder on Wednesday of defrauding lenders by inflating home prices....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Fighting Foreclosure with Cornbread
Fri, 30 Jul 2010 15:40:41 GMT

A Georgia woman hopes she can sell enough cornbread to buy her house out of foreclosure....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Real Estate News: More Record Lows for Mortgages
Fri, 30 Jul 2010 15:40:38 GMT

Here is a look at real-estate news in today's WSJ:...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Volcker: Fannie and Freddie ?Need to Go?
Fri, 30 Jul 2010 14:23:12 GMT

Fed Reserve Chairman Paul Volcker says Fannie and Freddie "need to go," and says the mortgage market needs to be reconstructed....(read more)Forward this article via email:  Send a copy of this story to someone you know that may w..[read more]

Dodd, Frank Plan to Hold Hearings on Basel Capital Regulations
Fri, 30 Jul 2010 14:23:10 GMT

Christopher Dodd and Barney Frank, authors of the U.S. financial overhaul, plan hearings on the status of global talks to revise bank-capital standards amid worries that proposed rules are being watered down. United States - Government - Chris Dodd -..[read more]

SEC fines Citi $75M for failing to disclose high-risk mortgage assets
Fri, 30 Jul 2010 13:05:39 GMT

Citigroup agreed to pay $75 million to settle a civil fraud charge from the U.S. - More -...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Administration's Housing Bailout: The Big Disconnect
Fri, 30 Jul 2010 11:48:24 GMT

Administration's Housing Bailout: The Big Disconnect...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Loan Officer Registry Coming in January
Fri, 30 Jul 2010 11:48:23 GMT

People who originate loans for banks will have to get fingerprinted to help law enforcement catch abusive lenders....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Did You Know: Percent of Home Financed Has Shifted
Fri, 30 Jul 2010 11:48:22 GMT

Did you know that over the last few years, the portion of the home that's financed has changed?...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it...[read more]

Foreclosures climb in 75% of metro areas
Fri, 30 Jul 2010 11:48:21 GMT

Foreclosure filings climbed in 75% of the nation's metro areas during the first half of 2010, according to a report issued Thursday....(read more)Forward this article via email:  Send a copy of this story to someone you know that may wa..[read more]

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