http://www.housingwire.com/articles/29265-senators-1-plan-to-completely-reform-housing-finance
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Over two-thirds of consumers say it is a good time to buy a home, according to a Fannie Mae survey, but 52% believe it is difficult to qualify for mortgage. -- Brian Collins in HousingWire
http://www.nationalmortgagenews.com/news/origination/suddenly-a-lot-more-consumers-say-its-tough-to-get-a-mortgage-1041297-1.html?site=default_on&utm_campaign=origination%20news-mar%2011%202014&utm_medium=email&utm_source=newsletter
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Shared by Uros Kralj
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The March Mortgage Credit Tracker from Barclays notes that current mortgages are becoming delinquent at a ever-slowing rate. It's a great trend that shows more homeowners are staying current on their mortgage. -- Jacob Gaffney in HousingWire
http://www.housingwire.com/articles/29273-barclays-foreclosures-rise-across-all-sectors
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Nat'l Real Estate Post:
The CFPB keeps track of how their employees perform, oh, and, what race they are. Why? If a bank did this they’d be fined to the point of no return. The CFPB truly is a regime with no oversight.
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St. Michael in Bamburg, shared by Norbert Metz Connect with him on Google+
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In a strong bipartisan vote on Thursday, the Senate passed a bill to ease big flood insurance premium increases faced by hundreds of thousands of homeowners and allow below-market rates to be passed on to people buying homes with taxpayer-subsidized policies. -- Trey Garrison in HousingWire
http://www.housingwire.com/articles/29307-flood-insurance-rate-hike-delay-passes-senate-handily
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Homeownership remains cheaper than renting nationally and in all of the 100 largest metro areas. Rising mortgage rates and home prices have narrowed the gap over the past year, though rates have recently dropped and price gains are slowing. Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally, versus being 44% cheaper one year ago.
Sonja Bullard in Angel Oak Weekly http://www.trulia.com/trends/2014/02/rent-vs-buy-winter-2014/
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Massive country house in Northington, Hampshire, UK
Shared by Neil Howard in Photo Tour Global Directory
Connect with him on Google+
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Retail sales inched up 0.3% in February after declining 0.6% in January, revised from the initial report as down 0.4%. -- Trey Garrison in HousingWire
http://www.housingwire.com/articles/29293-retail-sales-squeak-out-03-gain-in-february
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Florida led the nation in zombie foreclosures measured by actual number, with 54,908; Illinois had 15,512; New York had 10,880; New Jersey had 8,595; and Ohio had 7,780.
Among the nation’s 20 most populated metro areas, the highest foreclosure rates were in Tampa, Miami, Baltimore, Riverside-San Bernardino in Southern California, and Chicago. Only four of the 20 largest metro areas posted annual increases in foreclosure activity: New York which was up 77%, Philadelphia up 20%, Washington, D.C. which climbed 19%, and Baltimore which ticked up 14%.
Nine of the top 10 foreclosure rates in February among metropolitan statistical areas with a population of 200,000 or more were in Florida, led by Palm Bay-Melbourne-Titusville with one in every 296 housing units with a foreclosure filing during the month — nearly four times the national average.
Foreclosure activity in Atlantic City, N.J., increased 254% on a year-over-year basis — the third consecutive month with a triple-digit percentage annual increase — and the city posted the nation’s seventh highest metro foreclosure rate: one in every 398 housing units with a foreclosure filing during the month. -- Trey Garrison in HousingWire
http://www.housingwire.com/articles/29288-top-20-metros-with-the-largest-foreclosure-rates
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Castle by the Lake
Share by Tina En
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Flood insurance rate-hike delay passes Senate handily
Bill goes to White House for signature after 72-22 vote
Trey Garrison in HousingWire
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Nat'l Real Estate Post:
According to Zillow there are about 4.2 million renters that want to buy in 2014.
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Apartments in Gurgaon, India. Shared by Jaspir Randhawa
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