The contra costa times reports from California. “Bay Area home sales had their worst October since 1988, with much of the blame placed on a drop in higher-priced loans. It was a record low for all three East Bay counties: Alameda, Contra Costa and Solano, said Andrew LePage, an analyst with Data Quick.
Housing Wire – "Moody’s tempers multifamily bubble fears" (6-11-12) "More than 34% of the national housing stock is being rented and the percentage is climbing, according to Moody’s Analytics."
In the first quarter of 2010, commercial and multifamily mortgage loan originations. around 12 percent at the end of last year, but Moody’s says short sale volume is not sufficient enough to temper.
Housing Recovery is Spelled R-E-O april manufacturing slipped, lowering their overall year-end growth numbers," she said Friday on CNBC’s "Trading Nation, " adding that a continuation of this trend could spell trouble for. with the.
At the National Association of Real estate editors conference in Denver last month, Humphries said the multifamily sector would "be the next bubble." But, he doesn’t want you to associate that.
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Most importantly, consumers will not be paralyzed by fear and retreat away from the market for long periods, as they did from 2007 until 2012. “In fact, we consider it entire rational for consumers to.
Treasury Prepares Principal Reduction Initiative under HAMP One of the components of the MHA initiative was the Principal reduction alternative (pra) program. Under the PRA program, some of the principal of a borrower’s loan was forgiven and didn’t have to be repaid as long as the borrower remained in good standing-not more than 60 days delinquent-on a Home Affordable Modification Program (HAMP.
MOODY’S PLACES 9 LOCAL HFA MULTIFAMILY TRANSACTIONS ON WATCHLIST FOR POSSIBLE DOWNGRADE. 25 Sep 2009 APPROXIMATELY $50.2 MILLION IN DEBT AFFECTED New York, September 25, 2009 — The following 9 Aaa-rated local housing finance agency multifamily transactions have been placed on Watchlist for.
Gateway First Bank appoints head of community reinvestment, fair lending Moody’s tempers multifamily bubble fears MOODY’S places 9 local hfa multifamily TRANSACTIONS ON WATCHLIST FOR POSSIBLE DOWNGRADE. 25 Sep 2009 approximately .2 MILLION IN DEBT AFFECTED New York, September 25, 2009 – The following 9 aaa-rated local housing finance.
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He’s getting on a bit now – and is getting a little moody in his advanced years. twice from three starts over these fences and that does temper any enthusiasm that may have been starting to bubble.
Moody’s Analytics which is the shop that Mark Zandi is a part of is a separate entity from the Rating Agency side of Moody’s. They make their money by being good at forecasting and so the incentive is there for them to make a good faith projection.