Deficit Deadlines Ahead

Deficit Deadlines Ahead2014 Budget Deadline:By Oct. 1, Congress must pass either a federal budget or a continuing resolution to fund the government.  Even in the past few years without budgets,Congress has generally agreed to resolutions to keep the government operating. Despite undoubtedly heated commentary, we expect that to be the case again.  Debt Ceiling Deadline: … Continue reading Deficit Deadlines Ahead

August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices Media Contact: Walter Molony

WASHINGTON (September 19, 2013) – Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®.Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.7 percent to … Continue reading August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices Media Contact: Walter Molony

News Summary: Fewer US homes on foreclosure track News Summary: US homes entering foreclosure process slowed to near 8-year low in August

  The Associated Press September 12, 2013 2:19 AM   FORECLOSURE STARTS: Foreclosure listing firm RealtyTrac says that the number of U.S. homes that entered the foreclosure process in August fell 8 percent from July and declined 44 percent from a year ago. The August total was the lowest since December 2005.COMPLETED FORECLOSURES: Lenders repossessed 39,277 … Continue reading News Summary: Fewer US homes on foreclosure track News Summary: US homes entering foreclosure process slowed to near 8-year low in August

Foreclosure Litigation Declines in Q1, Activity Still High

Mortgage-related litigation remained historically high in the first quarter, according to data from Mortgage Daily. The site’s First Quarter 2013 Mortgage Litigation Index shows there were 227 mortgage-related cases tracked that saw activity in Q1—little changed from Q4 2012’s 223 but up from 216 the year prior. Among all cases, those related to foreclosures were … Continue reading Foreclosure Litigation Declines in Q1, Activity Still High