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Tag Archives: housing crisis
FNC Report: Housing Recovery Takes Hold for the Long Haul
Though home foreclosures continue to be a challenge in many hard-hit markets, a report released this week by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul.
According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying home values are rising… Continue reading
Posted in Analytics, FNC, Valuation
Tagged FNC, foreclosure, housing crisis, recession, recovery
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Mortgage Market Faces New Wave of Regulation
After a long lull in regulation, it is clear that the housing and housing finance crisis has spawned a new wave of regulation directed toward different aspects of the housing finance world, including real estate appraisal.
The year 2010 saw an active swell in regulation, starting with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), passed on July 21, 2010. Embedded in its many… Continue reading
Posted in Legal
Tagged Dodd-Frank, housing crisis, Interim Final Regulations, real estate appraisal, regulation, USPAP
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Celente Says Jobs Boom Only Way to Save Housing & Stop a Great Depression
Forget loan mods, low interest rates and scrapping Fannie and Freddie. As sales of previously occupied homes plunged last month to their lowest level in 15 years, economist Gerald Celente says the only thing that will save US housing is a boom in American job creation. Celente’s predictions have proved correct many times. He is credited with predicting the 1987 stock market crash, the economic collapse of the Soviet Union… Continue reading
Posted in Appraising, Jobs, Lending, Mortgage
Tagged economy, Gerald Celente, housing crisis, job creation
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