December 2014 News You Can Use…Lender’s Edition

 News You Can Use Logo Lender Edition, December 2014.
Guardian Settlement Agents, Inc. is proud to provide you with “News You Can Use” the Lender’s Edition
 

October 2014 Existing Housing Sales Reach the Greatest Level in 13 Months

Source: Dr. Ted C. Jones

October 2014 existing home sales ran counter to typical seasonality, posting the greatest number of sales year-to-date, coming in at a seasonally-adjusted annualized rate of 5.26 million properties according to the National Association of Realtors® (NAR).    Read more >>

 

Fannie, Freddie to Allow Debt Cuts for Foreclosed Borrowers

Source: bloomberg.com

Fannie Mae (FNMA) and Freddie Mac (FMCC) will let borrowers who have gone through foreclosure buy back their homes at market prices under a policy shift announced by the regulator for the two U.S.-owned companies.

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Mortgage Applications Up in Holiday-Adjusted Survey

Source: Themreport.com

Mortgage loan applications rose nearly 5 percent last week on a surge in home purchase activity, according to figures released Wednesday.   Read more >>

 

 

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