Home Inspector Joseph Tribuzio 450.003128 Serving the greater Chicago area of Illinois
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.
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.
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.
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.
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
[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.
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Non working, kenmore elite washing machine. White. In driveway. Must take entire machine. Please email for address. Will remove add when gone. Thanks.
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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.
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Free leather sofa. Redecorating. message for a time to pick up.
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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 [...]
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