· Spending on residential construction declined at a 6.0 percent rate, contracting for a second straight quarter. Business investment on equipment rose at an 8.6 percent rate, increasing for a fourth straight quarter. Government investment fell for a third straight quarter.
The PC market just fell for the fifth straight year as unit shipments continue to decline.. straight year of decline. Total PC sales in 2011, for comparison, were 365 million units, or 1.35x.
· According to a report from Apartment List, median rents in Seattle increased for the fourth straight month in April, since a decline in December. Boasting the.
Michigan to get $75 million more to fight blight More proof housing is headed for a fall · We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced in 2008. Today, let’s look at one set of statistics that prove the current market is nothing like the one that preceded the housing crash last decade.Strategic defaulters opt to continue paying on second liens Index Holdings, a mobile communications and media group, has launched a China office, Index China, through group company index asia pacific, the company announced Thursday. In partnership with china.homeowner ‘securitization theory’ bofa claim dismissed Abigail Field Finds Smoking Gun on BofA Securitization Fraud. which would lead to all kinds of charges from both homeowners facing foreclosure, and from investors who were scammed when they.The top five Wyeth execs will receive million between them. ceo bernard poussot would get a total of $18 million under the change-in-control agreement; Former chairman Robert Essner gets $24.
Consensus estimate was for a growth of 0.5%. Year over year, pending home sales declined 4.9%. Annualized contract signings have declined for 14 straight months. Today’s Best Stocks from Zacks
For the second month in a row, retail sales declined in March as ‘hard’ data fails to live up to ‘soft’ data’s hype. This is the biggest 2-month tumble in retail sales in over 2 years. This drop in sales should not be total surprise as real average weekly earnings has now failed to rise for 3 straight months.
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CNBC’s Diana Olick reports the latest read on existing home sales.
Residential properties sold at an estimated annual pace of 5,083,241 in February, a 0.2% decline from January but up 7% from February 2013, according to the latest report from RealtyTrac. February.
· Existing home sales, which account for the bulk of housing stock, fell 0.7 per cent month-on-month in July to an annualised pace of 5.34m, the National Association of.
Litigation costs mount at BofA, Chase over foreclosure, mortgage issues Litigation costs mount at BofA, Chase over foreclosure, mortgage issues. BofA reported $1.9 billion in litigation expenses for the second quarter, most of it related to its foreclosure and mortgage issues. It’s an increase from $785 million for the previous quarter.HUD homes add to inventory-starved market JW Showcase Trulia: Home affordability slips for middle class Where Buying a Home is Within Reach of the Middle Class | Trulia Trends As a summary, only 49% of middle-income households can now afford to buy a home in houston metro area according to the study. This is versus 61% a year-ago. Austin, Dallas, San Antonio, and Fort Worth have seen similar dramatic changes.Homeowner ‘securitization theory’ bofa claim dismissed Since the banks, the courts and the federal government have failed to give adequate relief to homeowners. claim breach of contract because they weren’t the real parties in interest to the mortgages.Orders are likely to be weak and new-product announcements aren’t expected Boeing (NYSE:BA) says it will showcase its broad.10 days ago · Funding for nursing homes serving the state’s most vulnerable elderly populations will increase by $240 million next fiscal year as part of the state’s recently-passed budget. Of that $240.
Chipotle Mexican Grill’s quarterly sales tumbled for a fourth straight quarter as the once-hot restaurant chain still suffers in the wake of a poorly handled and prolonged food-safety crisis.
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Ocwen Donates $200K to Foreclosure Prevention Pavaso readies for CFPB pilot program with digital close ids, Pavaso to create completely digital closing process | 2015-05-18. – The two firms will develop an integration between Pavaso's Digital Close electronic closing platform and IDS's flagship doc prep system idsdoc.Ocwen would like to thank our many partners, colleagues, friends, and family for their tremendous generosity and support for Ocwen’s St. Croix-based team members following the devastation caused by Hurricane Maria. Because of your donations, all 73 members of the ocwen st. croix team have the opportunity to rebuild their lives.
This article is a response to a subscriber’s request, addressing why. did for mortgage financing. The supply shock of used cars drives (pardon the pun) used vehicle sales downward. The National.