Tag Archives: Bloomberg

Las Vegas Area Leads U.S. in Home-Construction Gains – Bloomberg

January 28, 2013

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Las Vegas Area Leads U.S. in Home-Construction Gains Bloomberg Homebuilders are stepping up production to meet demand, which has been increasing amid improving employment, mortgage rates near record lows and tightening supplies of existing properties for sale . Housing starts rose 12 percent in December from the … and more » Read the rest here: Las […]

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Wells Fargo Adapts Mortgage Pay to Reward Speed and File Quality – Bloomberg

January 28, 2013

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The Point Wells Fargo Adapts Mortgage Pay to Reward Speed and File Quality Bloomberg (WFC), the largest U.S. home lender, changed its compensation for some mortgage salespeople to include a reward for submitting complete loan applications to processors and underwriters within five days. Pay for salespeople this year will include a 0.03 … Wells Fargo […]

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Fannie Adds Bailout For Underwaters Walkaways: Mortgages – Bloomberg

January 28, 2013

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Fannie Adds Bailout For Underwaters Walkaways: Mortgages Bloomberg Fannie Mae (FNMA) and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans while adding to losses at the mortgage giants bailed out … and more » Read the […]

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US New-Home Sales Drop Blemishes Best Year Since 2009 – Bloomberg

January 25, 2013

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US New-Home Sales Drop Blemishes Best Year Since 2009 Bloomberg Combined sales of new and previously owned properties last year rose 9.9 percent, the biggest annual gain since 1998 and an indication residential real estate is helping drive growth. “2013 will show more of an increase in prices and more positive … and more » Read […]

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