LATEST NEWS

Fannie Lifts Origination Forecast by $185 Billion

Mortgage rates - Tue, 07/19/2016 - 6:40pm
The Federal National Mortgage Association has increased this year's and next year's projected loan originations by $185 billion.

Single-family mortgage originations are expected to reach $500 billion in the third quarter then fall to $412 billion three months later.

Fannie Mae then predicts that U.S. lenders will generate $333 billion in residential loan production during the first-quarter 2017.

Multifamily Loans Boost CMBS Performance

Mortgage rates - Tue, 07/19/2016 - 5:54pm
Performance improved last month on loans included in commercial mortgage-backed securities thanks to apartment loan delinquency.

Loans that were delinquent at least 30 days or in the foreclosure process represented 2.86 percent of all CMBS loans as of June 30.

The level of delinquency on CMBS loans improved compared to a month previous, when the 30-day rate came in at 2.91 percent.

MGIC Business, Delinquency and Earnings Improve

Mortgage rates - Tue, 07/19/2016 - 2:27pm
The quarterly volume of new business, the degree of delinquency and the amount earned at the parent of MGIC Guaranty Insurance Corp. all improved.

New insurance written by the Milwaukee-based company from April 1 through June 30 of this year amounted to 52 percent more than in the first quarter.

The results, along with other operational and financial metrics, were disclosed by parent MGIC Investment Corp. in its second-quarter earnings report.

Serious 2nd Mortgage Delinquency Down

Mortgage rates - Tue, 07/19/2016 - 2:10pm
Although there was a modest rise in serious delinquency on first mortgages, the past-due rate made a month-over-month improvement on second mortgages.

Delinquency of at least 90 days on consumer credit was 0.82 percent as of June 30, 2016, according to the Composite Consumer Credit Default Index.

The index -- a reflection of monthly performance on automobile loans, bank cards and first and second mortgages -- rose one basis point from a month earlier.

FHA Moves Forward With Lending Behind PACE Loans

Mortgage rates - Tue, 07/19/2016 - 1:23pm
The Department of Housing and Urban Development has followed through on a plan to allow government-insured loans on properties with energy efficient improvement liens.

HUD's plan involves residential loans that are insured by the Federal Housing Administration and utilized to finance houses that have Property Assessed Clean Energy loans.

PACE loans are used by homeowners seeking clean energy technologies for their residences. Improvement costs are paid through an assessment added to the property's tax bill.

How to prevent a dispute with a home contractor from blowing up in your face - Washington Post

Google Home Inspector News - Tue, 07/19/2016 - 8:22am

Washington Post

How to prevent a dispute with a home contractor from blowing up in your face
Washington Post
[More Chodorov: What to do when you get a bad home inspector]. A homeowner may need to bring in an expert witness to testify as to why the work was not done properly. There are other options for both homeowners and contractors in a dispute.

All brick tri-level home for sale (Chicago Hts., IL) $150000 3bd 2100sqft

Craigslist real estate chi - Mon, 07/08/2013 - 3:27am
Tri-level all brick custom built home for sale. 343 LeRose Drive Chicago Hts., IL 60411. 3 bedrooms, 3ceramic tiled bathrooms, 2 car attached garage, full basement/rec area, central air, oak hardwood floors & trim, all new windows, faucets, counterto [...]

Free non working washing machine (Lindenhurst)

Free stuff craigslist - Mon, 07/08/2013 - 2:24am
Non working, kenmore elite washing machine. White. In driveway. Must take entire machine. Please email for address. Will remove add when gone. Thanks.

Beautiful New House (Burbank ) $50 3bd 3200sqft

Craigslist real estate chi - Mon, 07/08/2013 - 2:00am
Beautiful Brand new brick buildings located in Burbank, Il. This building has just been completed in Dec 2012. Some of the features it boasts are the beautiful Red Oak hardwood floors and six panel Oak doors. Granite counter tops. Central heating and [...]

Meet the Band: Walk off the Earth (Grant Park)

Free stuff craigslist - Mon, 07/08/2013 - 1:56am
They will playing at this years Rock 'n' Roll half marathon. Come out on Sunday July 21st to see the band. Volunteers get free parking and lunch. If you'd like to volunteer contact us.

Micro fine needles 1/2 cc 50 units (Cedar Lake, in 46303)

Free stuff craigslist - Mon, 07/08/2013 - 1:39am
insulin syringes u-100 for insulin will need a medical badge or card to get these pick up only 9 unopened packs (10 in each pack) text only 219 775 3587

Television free (Cedar Lake, in 46303)

Free stuff craigslist - Mon, 07/08/2013 - 1:31am
text me ill give an address will take down when gone - 219 775 3587

Free Leather Sofa Brown (Lagrange IL)

Free stuff craigslist - Mon, 07/08/2013 - 1:06am
Free leather sofa. Redecorating. message for a time to pick up.

2bd/2ba Buffalo Grove Ranch Condo (Woodlands of Fiore) $219900 2bd 1446sqft

Craigslist real estate chi - Mon, 07/08/2013 - 12:57am
Lori Knepper  | Jasco Realty, Inc. | (847) 272-2992 ext. 222 61 Willow Pkwy # 6, Buffalo Grove, IL 2BR/2.0BA Miscellaneous Residential offered at $219,900 Year Built 1989 Sq Footage 1,446 Bedrooms 2 Bathrooms 2.0 Floors 1 Parki [...]

Huge Lincoln Park Townhomes (Lincoln Park) $665000 4bd

Craigslist real estate chi - Mon, 07/08/2013 - 12:49am
Like a House Only Much cheaper! => http://shortsalesinchicago.com/

Lots of lumber/boards, mostly smaller scrap (South Holland)

Free stuff craigslist - Mon, 07/08/2013 - 12:40am
I cleaned out the "project" stash tonight, was going to put all this out for trash pickup in morning. But then thought maybe someone would like to have? Ideally, I'd like to get rid of this yet tonight. Its 12:30am and its already piled in my truck a [...]

Rural Weekend Getaway East Central Il (Alvin Il) 3bd 1700sqft

Craigslist real estate chi - Mon, 07/08/2013 - 12:40am
Lovely recently remodeled 3 bed 2-1/2 bath home / cottage over 1700 sq ft on a lovely 1/2 acre in rural Alvin I'll..2 hours South of Chicago..close to Lake Vermillion..rivers and creek...loads of privacy..w New wood burning fireplace..New roof..windo [...]

42245 N. Third Ave. (Antioch) $139900 2bd 1416sqft

Craigslist real estate chi - Mon, 07/08/2013 - 12:23am
$139,900 , 2 bedrooms, 1 full baths, 0 half baths, 1,416 square feet Alane Schuster-Epstein | Chicago Suburban Real Estate Services | (847) 529-4806 42245 N 3rd Ave, Antioch, IL Lake rights with 15' pier space on Lake Marie. Flexible floor plan perf [...]

10 Buildable Acres in Chesterton Sale or Lease (Liberty Township, Valparaiso, IN) $100000

Craigslist real estate chi - Mon, 07/08/2013 - 12:21am
Beautiful improved land with creek, fenced pasture, recreation/sport area, garden, and 4 small-medim usable buildings for gatherings. 3 acre building site for house already have septic approval/plan, house plan, and building permits ($5,000 value). C [...]

2 Bed 2 Bath Top Floor Condo upgraded to the max! *Virtual Tour* (7401 N Hoyne Ave, Unit 3, Chicago) $105000 2bd

Craigslist real estate chi - Mon, 07/08/2013 - 12:20am
VIRTUAL TOUR PHOTOS: http://www.tourfactory.com/1028866 PRE-APPROVED SHORT SALE. WE NEED AN OFFER AT $105,000 TO GET IT DONE. 2008 COMPLETE RENOVATION. 3RD FLOOR (TOP FLOOR) 2 BEDROOM 2 BATHROOM CONDO UPGRADED TO THE MAX. HIGH END FINISHES THRU-OUT: [...]
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