Thanks to those that joined us for Wednesday’s live webinar – “2010 Housing Market Leading Indicators, presented by Altos Research.” We’ve had TONS of requests for the presentation slides and a recording of the event. Ask and ye shall receive…
The presentation is now hosted on our YouTube Channel and available in parts to enable you [...]
Big event starting on Sunday. We’ll be there. Why is the American Securitization Forum 2010 Conference so important? The topics covered at the ASF meetings set the tone for the next year and show the financial market’s response to government and private sector initiatives for the securitization market. Many of our clients trade RMBS, whole [...]
A DSNews article from yesterday (”GAO Releases Report on Loan Performance and Negative Equity“) covers the release of a US Government Accountability Office report – Loan Performance and Negative Home Equity in the Nonprime Mortgage Market. The report is a look at loan performance and negative equity across the 16 US markets, taking a faulty [...]
Ah the glorious Home Buyer Tax Credit. Consumers lust for it, and NAR spent a fortune getting it extended. Realtors are indeed finding it a valuable incentive for business this year.
And housing stimulus goes beyond the tax credit too, the feds are pumping money into mortgages, keeping rates on conforming loans ridiculously low.
But Uncle Sam [...]
Much to my dismay, nothing remarkable or shocking… Instead the panel provided lucid and realistic analysis.
If you missed it, The Real Deal Distressed Opportunities Forum hosted last week in New York City included:
Joseph J. Sitt, Chief Executive Officer, Thor EquitiesMiki Naftali, President and CEO of EI AD Us Holding, Inc.Nouriel Roubini is the co-founder and chairman [...]
Just a quick post about this event to let everyone that we’ll be attending this week - The Real Deal 5th Annual Forum: Distressed Opportunities. Looks like a good show. Hoping for some fireworks on stage.
Wednesday, October 14, 2009
3PM (Networking/Exhibition) 6:30 PM (Main Event)
Alice Tully Hall, Lincoln Center
FEATURED PANELISTS INCLUDE:
Joseph J. Sitt, Chief Executive Officer, [...]
Interest
Some quick thoughts on REOs and Bank-owned sales —
At this week’s Five-Star Default Servicing Conference, the chatter centered on the “next wave of REOs” and the “tsunami of foreclosure sales” coming in 2010. The Home Affordable Modification Program (HAMP) issued in March focuses on providing loan modifications to those in default or imminent default. The [...]
This week’s key housing market data releases:
9/22/09: The Federal Housing Finance Agency (FHFA) announced that US Housing Prices rose 0.3% from June to July.
9/24/09: The National Association of REALTORS® (NAR) announced that sales transactions fell by 2.7% in August and that the median price of dropped by 12.5%.
9/29/09 (upcoming): The S&P/Case-Shiller Home Price Index for July 2009 [...]