Just Listed in Arlington
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell , “Your Orange Line Specialists.”
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Prepayment Rate and Refinanceable Population Have Both Soared
ByadminPrepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its “first look” at the month's mortgage performance data, said there was a 23 percent increase in prepayments, historically a good indicator of refinancing activity , from April to May, bringing the incidence to the highest so…
Fitch Updates Denmark Residential Loss Criteria Addendum; No Rating Impact
ByadminLink to Fitch Ratings' Report: Denmark Residential Mortgage Rating Criteria Addendum here LONDON, November 21 Fitch Ratings has updated its Denmark Residential Mortgage Rating Criteria Addendum assumptions. The criteria assumptions are used for analysing Danish residential mortgages in covered bond programmes. Foreclosure News
The Bay Area’s tech boom and the `dark side of prosperity’: Q&A with Richard Walker
ByadminRichard A. Walker, a retired UC Berkeley geography professor and author of”Pictures of a Gone City.” The geographer Richard Walker is out with an unflinching examination of the San Francisco Bay Area, the epicenter of the tech boom – and he opens the book with a poem published more than a half-century before the iPhone:…
5 factors putting downward pressure on homeownership
ByadminPost-foreclosure stress disorder, mortgage availability, the growing burden of student loan debt, single-family housing affordability and single-family housing supply shortages are the five key barriers to homeownership. Despite robust job growth and low interest rates, U.S. homeownership rates remain at a 50-year low due to issues with affordability, crushing student loan debt, harsh credit conditions…
Hawthorn Bancshares Reports 2016 Financial Results
ByadminNet income for the current year was $ 7.3 million, or $ 1.29 per diluted common share, compared to $ 8.6 million, or $ 1.52 per diluted common share, for 2015. The return on average common equity was 7.97% and the return on average assets was 0.58% for the current year compared to 10.14% and…
Columbus-owned land-bank properties becoming eyesores
ByadminNext to a new apartment complex on East Whittier Street – a shining testament to the South Side's revival – sits a block of boarded-up and crumbling brick townhomes. The townhomes, five blocks east of Parsons Avenue, aren't owned by an absentee landlord. Foreclosure News