Posts Tagged corroborate

HAMP applicants tanned and juiced

CR Note: The following is from long time reader Shnaps. Shnaps has been working in the mortgage industry in various capacities “since people were extending the antennas on their mobile phones”. Shnaps currently serves in a key role related to HAMP at one of the largest non-prime mortgage servicers in the Nation.

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Existing Home Sales Decline in February

The NAR reports: February Existing-Home Sales Ease with Mixed Conditions Around the Country Existing-home, which are finalized transactions that include single-family, townhomes, condominiums and co-ops, slipped 0.6 percent nationally to a seasonally adjusted annual rate of 5.02 million units in February from 5.05 million in January, but are 7.0 percent higher than the 4.69 million-unit pace in February 2009. … Total housing inventory at the end of February rose 9.5 percent to 3.59 million existing homes available for sale, which represents an 8.6-month supply at the current sales pace, up from a 7.8-month supply in January.

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