More than four out of 10 (16.4 million or 43.7 percent) of those people who moved between 2009 and 2010, did so for housing-related reasons, such as the desire to live in a new or better home or apartment, according to data from the U.S. Census Bureau’s “Geographical Mobility: 2010”. Other rea
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05/24/2011
The Statistical Abstract of the United States was created in 1878, and is viewed by many as one of the most authoritative and comprehensive summary of statistics on the social, political, and economic organization of the United States. The Abstract is a convenient volume for statistical referenc
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05/19/2011
The Statistical Abstract of the United States was created in 1878, and is viewed by many as one of the most authoritative and comprehensive summary of statistics on the social, political, and economic organization of the United States. The Abstract is a convenient volume for statistical referenc
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05/19/2011
During the first three months of 2011 there was a 44 percent increase in mortgage fraud case activity, according to the latest findings in the Mortgage Fraud Index from MortgageDaily.com. The index is based on mortgage fraud case activity tracked at the mortgage fraud blog FraudBlogger.com. The
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05/18/2011
Late payments on commerical property loans packaged into CDO's climed .7 basis points to 14.8%, and losses on commercial real estate loan collateralized debt obligations increased in April, according to Fitch Ratings. Asset managers reported approximately $164 million in realized losses from the
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05/17/2011
Daily Breakdown 05/09/11 Monday 5 05/10/11 Tuesday 16 05/11/11 Wednesday 9 05/12/11 Thursday 19 05/13/11 Friday 8 Total 57 Breakdown by Foreclosure type Commercial 3 Homestead
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05/17/2011
As receiver for a failed financial institution, the FDIC may sue professionals who played a role in the failure of the institution in order to maximize recoveries. These individuals can include officers and directors, attorneys, accountants, appraisers, brokers, or others. Professional liability
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05/11/2011
First quarter 2011 commercial and multifamily mortgage originations were 89% higher than during the same period last year, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The 89 percent overall increase in commercial/
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05/07/2011
The apartment industry's recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions. "The apartment industry rebounded strongly in 2010 as demand for apartment residences outpaced the sluggish recovery in the job mar
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05/07/2011
The Special Foreclosure Edition of Supervisory Insights highlights lessons learned from an interagency horizontal review of the 14 largest residential mortgage servicers. The FDIC review resulted in Consent Orders with all entities reviewed. "The best practices outlined in this publication provid
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05/04/2011