housingwire.com - 4/3/2009
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Less than 90 percent of all mortgages were considered “performing” at the end of 2008, compared with 93 percent at the end of September 2008, the Office of the Comptroller of the Currency and the Office of Thrift Supervision announced Friday in a joint quarterly mortgage performance report. ...
housingwire.com - 4/1/2009
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housingwire.com —
Events 2009 Apr 28 -- 2009 Apr 29
Opal's Annual Real Estate Investors Summit The annual Opal...
RE Investors Summit attracts real estate developers, private investors, banks, institutional investors and land use professionals. At th Renaissance Orlando ...
(more)
Page not found : HousingWire || financial news for the ...
housingwire.com - 4/3/2009
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housingwire.com —
If you read the headlines (and most people
don’t bother to go much farther beyond the headline...
than the lead paragraph –- to our collective disgrace), you already think FASB eased the rules for measuring fair value on Thursday. You might believe that ...
(more)
More Glib Press on FASB : HousingWire || financial news ...
online.wsj.com - 3/30/2009
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online.wsj.com —
JAMES R. HAGERTY Defaults on home mortgages insured
by the Federal Housing Administration in February increased from...
a year earlier. A spokesman for the FHA said 7.5% of FHA loans were "seriously delinquent" at the end of February, up from 6.2% a year ...
(more)
Mortgage Defaults, Delinquencies Rise
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OCC: More Seriously Delinquent Prime Loans than Subprime
Calculated Risk —
... Much of the report focuses on modifications and recidivism (see Housing Wire). But this report also shows - for the first time - more seriously delinquent prime loans than subprime loans (by number, not percentage). ...
S&P Warns of Coming CRE Bust
Manhattan Real Estate: New York City Real Estate Tips —
... CR follows, "The price declines will impact property owners who are now underwater and can't refinance, and also impact banks and other investors in CMBS who will experience see higher default rates. The coming decline in non-residential investment will impact GDP and construction employment, but that decline will probably not be as severe as after the S&L; related boom."
So lets see here, prime is starting to deteriorate faster than subprime, ...
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