Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Wednesday, October 20, 2010
Foreclosure Mortgage Mess, The Second Leg Down in America’s Death Spiral / Housing-Market / US Housing
By: Gonzalo_Lira
Last Friday, Bank of America announced that it was suspending all foreclosure proceedings, presumably until further notice. Other banks have already suspended foreclosures in a whole truckload of states. A nationwide moratorium on foreclosures might soon happen—which would be a big deal: Global Financial Crisis, Part II—Longer, Wider and Uncut.
Wednesday, October 20, 2010
U.S. Housing Market Foreclosure-gate Doomsday Revolution Erupts / Housing-Market / US Housing
By: Chris_Kitze
Foreclosure-gate is heating up and the mad scramble for what's left of $45 trillion in real estate is guaranteed to leave homeowners homeless, pension funds unable to pay their pensions and even some of the biggest banks insolvent. A great housing goat rodeo was created when some of the 65 million mortgages on U.S. homes didn't follow proper legal procedures;
Wednesday, October 20, 2010
U.S. Housing Market Starts Small Increase Inadequate to Make a Positive Contribution to Q3 Real GDP / Housing-Market / US Housing
By: Asha_Bangalore
Housing starts rose 0.3% to an annual rate of 610,000 in September. In the third quarter, housing starts declined at an annual rate of 8.2% after a 9.4% drop in the second quarter. Starts of single-family units moved up 4.4% in September, but the third quarter average fell 36.9% vs. a 23.3% drop in the second quarter. Permit extensions for single-family units rose a paltry 0.5% to an annual rate of 405,000 in September, implying a possible decline in construction of new homes in October.
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Tuesday, October 19, 2010
U.S. Mortgage Crisis Act II, Securitization Meets Loan Notes / Housing-Market / US Housing
By: Mark_B_Rasmussen
This is an $11 Trillion market. Apx. 42 million mortgages were created from 2003 – 2009. Was Sub-Prime a light shower?
Inquiring minds want to know.
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Tuesday, October 19, 2010
When Will the U.S. Housing Market Bust End? / Housing-Market / US Housing
By: DailyWealth
Ten thousand a month... That's how many foreclosures Palm Beach, Florida-based GMAC-employee Jeremy Stephan was required to sign off on. His signature confirmed the paperwork was all in order, kicking off the foreclosure process.
Think about that... That's 2,500 foreclosures a week... 500 a day...
Sunday, October 17, 2010
Are ALL Mortgage Backed Securities a Scam? / Housing-Market / US Housing
By: Washingtons_Blog
Pensions and other large investors may sue the banks which sold them mortgage backed securities (mbs) based upon fraudulent misrepresentation.
Sunday, October 17, 2010
Foreclosure Mess, Subprime Debacle Act2, Where is the U.S. Housing Market Recovery? / Housing-Market / US Housing
By: John_Mauldin
There's trouble, my friends, and it is does indeed involve pool(s), but not in the pool hall. The real monster is hidden in those pools of subprime debt that have not gone away. When I first began writing and speaking about the coming subprime disaster, it was in late 2007 and early 2008. The subject was being dismissed in most polite circles. "The subprime problem," testified Ben Bernanke, "will be contained."
Friday, October 15, 2010
BubbleOmics: U.S. Office Price Index Forecast to 2013 / Housing-Market / US Housing
By: Andrew_Butter
My view is that the office market in USA has bottomed.
No particular reason, just I’ve been tracking office prices for twenty years and that’s what I think. Although you could argue that since I haven’t visited USA for three years and that was only for a week (during which time, interestingly I got a guided Sunday tour of Fannie or Freddy’s head office (can’t remember which), by the architect who designed it, and who was trying to impress me (he did, and he got the job, and then he screwed me (but that’s another story)).
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Friday, October 15, 2010
U.S. Banks Mortgage Fraud, Take Action- Demand To see Your Mortgage Note / Housing-Market / US Housing
By: Submissions
CBS News' Rebecca Jarvis discusses the brewing mortgage fraud scandal and how important it is for homeowners to demand to see their original mortgage note.
Friday, October 15, 2010
Mortgagegate Could Crush the U.S. Banking System / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes:
What most Americans don't know about " Mortgagegate" is that "robo-signing" of foreclosure documents is the tip of the iceberg.
The breadth and depth of this newest mortgage crisis is so dangerous that the U.S. Federal Reserve last month pre-announced another potential round of quantitative easing (pundits are calling it "QE2") to address "potential negative shocks."
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Friday, October 15, 2010
U.S. Mortgage Fraud, Greenspan Was Right, So Was Jesus / Housing-Market / US Housing
By: Andrew_Butter
In his “book” The Age of Turbulence which was written before the full horror of the financial catastrophe was even imagined, Alan Greenspan devoted just four pages to the subject of financial regulation.
His big point was that many regulations, often hastily conceived, need to be trimmed back and simplified over time. And that complexity in regulation that grows out of multiple agencies, and multiple initiatives is not a good idea.
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Thursday, October 14, 2010
Getting Real about U.S. Real Estate / Housing-Market / US Housing
By: David_Galland
David Galland, Managing Director, Casey Research writes: In 1990, following the real estate debacle of the 1980s, Andy Miller co-founded SevoMiller, Inc. The company provided workout services for major financial institutions throughout the country and also began buying and developing apartments, retail and office properties. From its founding to the present, the company’s acquisitions totaled over 30,000 apartment units, several million square feet of retail space, and numerous office projects throughout the country, including the states of Colorado, Arizona, California, Nevada, Illinois, Texas, Louisiana, Indiana, Oklahoma, Georgia, and Florida.
Wednesday, October 13, 2010
Banks Laundering Counterfeit Mortgages, The Largest Financial Fraud in World History! / Housing-Market / US Housing
By: Washingtons_Blog
A "false front" building from the Old West. Towns built false fronts to make the town look more substantial and prosperous than it really was.
The tidal wave of evidence showing that the giant banks have engaged in fraudulent foreclosure practices is so large that the attorneys general of up to 40 states are launching investigations.
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Monday, October 11, 2010
Bank Shot, Nobody Can Buy or Sell Property / Housing-Market / US Housing
By: Submissions
James Howard Kunstler writes: The banking authorities were shocked - shocked - to discover last week that an awful lot of mortgage paper in this country is not quite in order... appears to contain, er, irregularities... seems less than kosher... frankly, exudes an odor like unto dead carp or, shall we say, a heap of dead carp the size of the building at 3900 Wisconsin Avenue, N.W., Washington, D.C. Any day now we will hear that... mistakes... were... made.
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Monday, October 11, 2010
U.S. Housing Market Buyers Sideline Foreclosed Properties Due to Unclear Titles / Housing-Market / US Housing
By: Mike_Shedlock
Would you buy a foreclosed home now, knowing full well the title may be clouded by mortgage fraud? I wouldn't. Anyone who would without title insurance is asking for a huge legal mess.
Moreover, because of fraudulent procedures, bank of America and other companies have halted all foreclosures. See 40 State Attorneys General to Investigate Mortgage Fraud; Bank of America Halts Evictions Nationwide; Senator Reid Calls for More Suspensions, A nationwide halt in foreclosures for details.
Monday, October 11, 2010
Foreclose This: There’s More Than Robo Signatures To Blame For The Ongoing Foreclosure Scandal / Housing-Market / US Housing
By: Danny_Schechter
The other day, during an interview on Al Jazeera, I was asked if I was frustrated because my warnings and worries about the financial meltdown and foreclosure crisis, first aired in 2006, have been ignored so long.
Duh!
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Monday, October 11, 2010
Buy to Let Borrowers Offered More Mortgage Options / Housing-Market / Buy to Let
By: MoneyFacts
Today there are 306 mortgages available to buy-to-let (BTL) landlords, which is just one tenth of what it was at its peak (3,648) in July 2007, but at its worst just over a year ago the number of mortgages available had fallen by 95%.
Although the market remains difficult for BTL investors, we are seeing real signs of improvement with rates falling and the number of lenders and products increasing.
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Monday, October 11, 2010
Top Tips for Remortgaging Your House / Housing-Market / Mortgages
By: Credit_Choices
If you want to change your mortgage deal, the way to do this is by remortgaging. You can either change your deal but stay with your current mortgage provider or change to a different mortgage provider altogether.
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Saturday, October 09, 2010
U.S. Banks Fake Documents to Rush Home Foreclosures / Housing-Market / US Housing
By: Global_Research
Tom Eley writes: Major US banks systematically faked documents in order to speed up foreclosures for hundreds of thousands of homeowners, a mounting body of evidence shows. It appears likely that federal and state laws were broken in the process.
Friday, October 08, 2010
Fraud in U.S. Home Mortgages: "ForeclosureGate" and Obama’s “Pocket Veto” / Housing-Market / US Housing
By: Ellen_Brown
Amid a snowballing foreclosure fraud crisis, President Obama today blocked legislation that critics say could have made it more difficult for homeowners to challenge foreclosure proceedings against them.
The bill, titled The Interstate Recognition of Notarizations Act of 2009, passed the Senate with unanimous consent and with no scrutiny by the DC media. In a maneuver known as a "pocket veto," President Obama indirectly vetoed the legislation by declining to sign the bill passed by Congress while legislators are on recess.
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