Mapping America — Census Bureau 2005-9 American Community Survey - NYTimes.com
Very Cool
Wednesday, December 15, 2010
Monday, December 13, 2010
Real estate health: Nashville's 'underwater' mortgage rate flat | Nashville Business Journal
Real estate health: Nashville's 'underwater' mortgage rate flat Nashville Business Journal
The number of Nashville-area homeowners with negative equity — meaning they owe more on their mortgage than their home is worth — remained flat in the third quarter despite a slight decrease nationwide, according to data released today by CoreLogic.
But Nashville's numbers remain far better than the nation's overall.
Read more: Real estate health: Nashville's 'underwater' mortgage rate flat Nashville Business Journal
The number of Nashville-area homeowners with negative equity — meaning they owe more on their mortgage than their home is worth — remained flat in the third quarter despite a slight decrease nationwide, according to data released today by CoreLogic.
But Nashville's numbers remain far better than the nation's overall.
Read more: Real estate health: Nashville's 'underwater' mortgage rate flat Nashville Business Journal
Sunday, August 8, 2010
Manier and Exton Updates Market Reports
Manier and Exton has updated is Market Reports for select Middle Tennessee markets as of 8/8/2010. The reports can be found at http://exton.biz/
Sunday, July 11, 2010
Wall St. Hiring in Anticipation of an Economic Recovery - NYTimes.com
Wall St. Hiring in Anticipation of an Economic Recovery - NYTimes.com
While much of the country remains fixated on the bleak employment picture, hiring is beginning to pick up in the place that led the economy into recession — Wall Street. MORE
While much of the country remains fixated on the bleak employment picture, hiring is beginning to pick up in the place that led the economy into recession — Wall Street. MORE
Tuesday, June 29, 2010
The financial reform bill and appraisers
The "Dodd-Frank Wall Street Reform and Consumer Protection Act" passed a joint House/Senate conference committee was sent to Congress for voting.
Hopefully, the bill will be approved by Congress this week. The bill makes changes to FIRREA, RESPA, and other regulations. In particular, an amendment backed by the Appraisal Institute and its partner professional appraisal organizations was accepted by the House-Senate Conference Committee last week that effectively defines “cram downs” of appraiser fees as an “unfair and deceptive” practice under the Truth in Lending Act. Under the amendment included in the final Conference Report, evidence of “customary and reasonable” fees would include government fee schedules and independent studies that exclude appraisal orders from known appraisal management companies.
Other significant provisions within the Conference Report include:
• Establishment of a federal appraisal independence standard, sunsetting the HVCC
• Provisions to separate AMC and appraisal fees on the HUD-1 Statement
• State AMC registration requirements
• Enhanced appraiser competency provisions, including clarification regarding consideration of professional appraisal designations
• Financial resources for oversight and enforcement
Click here to read the full Dodd Bill (appraisals start on page 2205)
Hopefully, the bill will be approved by Congress this week. The bill makes changes to FIRREA, RESPA, and other regulations. In particular, an amendment backed by the Appraisal Institute and its partner professional appraisal organizations was accepted by the House-Senate Conference Committee last week that effectively defines “cram downs” of appraiser fees as an “unfair and deceptive” practice under the Truth in Lending Act. Under the amendment included in the final Conference Report, evidence of “customary and reasonable” fees would include government fee schedules and independent studies that exclude appraisal orders from known appraisal management companies.
Other significant provisions within the Conference Report include:
• Establishment of a federal appraisal independence standard, sunsetting the HVCC
• Provisions to separate AMC and appraisal fees on the HUD-1 Statement
• State AMC registration requirements
• Enhanced appraiser competency provisions, including clarification regarding consideration of professional appraisal designations
• Financial resources for oversight and enforcement
Click here to read the full Dodd Bill (appraisals start on page 2205)
Wednesday, April 21, 2010
The United States is projected to grow by 3.1 percent
The world economy is rebounding from recession "better than we thought likely" and will expand by more than 4 percent this year, the International Monetary Fund's top economist says.
The United States is projected to grow by 3.1 percent -- better than the 2.3 percent average growth projected by the IMF for the advanced economies.
For more information, visit washingtonpost.com:
http://link.email.washingtonpost.com/r/AADB45/BA781/GK4RGU/JLEEO7/EJWYP/UP/t
The United States is projected to grow by 3.1 percent -- better than the 2.3 percent average growth projected by the IMF for the advanced economies.
For more information, visit washingtonpost.com:
http://link.email.washingtonpost.com/r/AADB45/BA781/GK4RGU/JLEEO7/EJWYP/UP/t
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