by Noteworthy | Apr 30, 2011 | Topics
The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. A “pending home sale” is a home under contract to sell, but not yet closed. The Pending Home Sales Index rose 5 percent in March, posting its...
by Noteworthy | Apr 30, 2011 | Topics
by Gilderic (Recovering)Carl Alexander and Carol Asbury bet big on Versailles real estate deals. This week, they lost big, indicted for their part in alleged mortgage fraud in the upscale Wellington community. They join 24 others who have been indicted or charged in...
by Noteworthy | Apr 29, 2011 | Topics
by dalylabRecent investigations and regulatory crackdowns on the mortgage servicing industry may only delay income at Lender Processing Services (LPS: 28.53 0.00%) in the near-term, the company's CEO Jeff Carbiener said Friday. The default services firm and its...
by Noteworthy | Apr 29, 2011 | Topics
After posting an all-time low in February, New Home Sales rebounded strongly last month. Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It’s an 11 percent...
by Noteworthy | Apr 28, 2011 | Topics
by archer10 (Dennis)Homebuilder PulteGroup Inc. (PHM: 8.36 +4.76%) posted a first-quarter loss of $ 40 million, or 10 cents per share, on Thursday even as traffic and orders rose during the quarter on a month-to-month basis. That compares to a net loss of $ 12...
by Noteworthy | Apr 28, 2011 | Topics
Earlier today, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the third straight meeting after which the FOMC vote was unanimous. In its press release, the...
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