Craigsville Real Estate News
Real Estate news for Craigsville, WV continually updated from thousands of sources.
Aug 24, 2015 | via Mortgage News Daily
Black Knight Financial Services said on Monday that as of the end of June home prices nationally had returned to within 5.8 percent of their peak exactly nine years earlier. The company's Home Price Index Report said that the HPI in June was $252,000 compared to $268,000 at the June 2006 peak and has regained 26 percent in value since the market bottom of $200,000 in January 2012. Comment?
Jul 28, 2015 | via The Inter-Mountain
Editor's note: The Elkins-Randolph Board of Realtors, comprised of 67 agents in Tucker, Randolph and Barbour counties, offers the following report. Comment?
Jul 22, 2015 | via Martinsburg Journal
West Virginians have achieved part of the American dream, home ownership, at a substantially higher rate than people elsewhere in the country. But generally, we believe in buying only the homes we can afford, and bankers tend to hold us to that, as the comparatively low rate of mortgage foreclosures here demonstrates. Comment?
Jul 21, 2015 | via Marietta Times
The West Virginia Housing Development Fund's home mortgage interest rate has dropped below 2.81 percent, the lowest level in the fund's history. Gov. Earl Ray Tomblin and the fund announced the rate for a 30-year fixed rate loan on Tuesday in a news release. Comment?
May 29, 2015 | via Bangor Daily News
Asset forfeiture or asset seizure is a form of confiscation of assets by the state. It typically applies to the alleged proceeds or instruments of crime. Comment?
2 min ago | via Housing Wire
The mortgage finance industry has grappled with serious compliance regulations in the last year, and that isn't likely to change in 2016. The CFPB has indicated it will be looking more closely at the compliance of third parties, and regulation is also filtering down into the mid-sized and regional lending and servicing institutions. Comment?
2 min ago | via Housing Wire
When it comes to technology solutions, flexibility has never been so important. Mortgage lenders need tools that help them adapt rapidly without costly overhauls, while also finding new efficiencies and maintaining compliance. Comment?
32 min ago | via American Reporter
There's been a lot of talk of late that there are glimmers of hope in the American economy. Since President Obama's economic stimulus package was enacted and the Federal Reserve and the Treasury Department both announced plans to buy up distressed assets and backstop mortgage-backed securities, the financial markets seemed to have steadied themselves. Comment?
35 min ago | via Sydney Morning Herald
Patrick Brennan from APRA said it has made big concessions in its new securitisation rules to ensure smaller lenders maintain competitive funding sources Bankers have raised the prospect of big hikes in funding costs for banks, particularly smaller ones, as the industry digs into the detail of APRA's new rules for securitisation. ANZ Bank's executive director of structured capital markets, Dom Di Gori, said the new rules released on Thursday were mostly positive but he was personally surprised at the big rises in capital banks will have to hold under the new regime while they are "warehousing" loans before they are securitised. Comment?
35 min ago | via Current in Carmel
Central Indiana's real estate market remains a balancing act between available inventory and sale prices. Sale prices rose 4.3 percent last month compared to October 2014, while active listings declined 7.6 percent. Comment?
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