Case-Shiller Shows Home Prices Up 4.3% From Year Earlier

The S&P/Case-Shiller Home Price Indices (HPI) released this morning outstripped analysts expectations with strong increases in home prices over the 12 months ending in October. Both the 20-City and the 10-City showed anticipated seasonal weaknesses in October itself, however and along with 12 of the 20 cities, posted a monthly price decrease. The 10-City Composite Index was up 3.4 percent on an annual basis in October compared to 2.1 percent in September and the 20-City Composite rose 4.3 percent...

LO Education and Bank vs. Non-bank Requirements Under the SAFE Act; Are Foreclosure Prices Really Different?

Are you really back at work, reading this? It is kind of hard to get back in the swing of things...so let's start with some estimates of the future from our very own Census Bureau. The U.S. population will be considerably older and more racially and ethnically diverse by 2060. No big surprise there, but look for the U.S. to become a "plurality nation" where the non-Hispanic white population remains the largest single group, but no group is in the majority. Furthermore, the population is projected...

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• Home Retention Actions were Double Home Forfeitures in Q3
• LPS Previews November Mortgage Performance Data
• Comments on Non-agency Modifications and Stated Loans; Investors Examine Who is Refinancing; A Buyer for Servicing
• Are Non-agency Loan Mods Coming? Treasury Initiative Rumored; FHA Letter Threatens Standard Reverse Mortgages

Micro News

Around the Web

• Cliff looms: Kicking the Can, Washington-style - Businessweek
• Payback time: Florida homeowners foreclosing on banks
• US May Expand Mortgage Refinance Program: Report
• Obama, Congress set for one last effort on "fiscal cliff"
• US Stocks to Open Lower on Fiscal Talks Impasse
• Freddie Mac: On the Home Front: A Year in Your Community

Video News

	Closer to the Edge
	Santelli: Rigid Ideology Hampers 'Cliff' Talks
	Case-Shiller: Home Prices Up 4.3% in October

Today's Comments

	"On what planet was this study conducted? "PMI companies can and do become insolvent, file for bankruptcy or are seized by regulators". Oh, please..."
	"Hmmm- To add to the problem, now that HUD has raised premiums so much they are being adversely selected. Good credit, qualify well, go 3% down conventional..."
	"Think about what he said: "that we knew the borrower could not pay." The operative word is KNEW. Did they know without a doubt that any given..."

Today's Q&A