Obama stresses refi plan won’t ‘solve all problems’ DBRS settles with SEC over misrepresenting mortgage bond rating capabilities The DBRS long-term debt rating scale is meant to give an indication of the risk that a borrower will not fulfill its full obligations in a timely manner, with respect to both interest and principal commitments. Every DBRS rating is based on quantitative and qualitative considerations relevant to the borrowing entity.Rather, Obama stresses that nothing in his plan would force people to change their current coverage or doctors. In other words, we’re not going to solve any of our problems and we’ve going to add to an already over-inflated budget deficit. ObamaCare: The Worst Of Both Worlds.

It was the slowest pace of starts since March 2015. with the biggest constraint on sales being the lack of attractive inventory on the market,” Stanley added. “Likewise, builders are seeing solid.

WASHINGTON (AP) – U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department said Tuesday that new-home sales skidded 11.4 percent in April to.

Piketty’s Folly: Wrong on inequality, wronger on homeownership 267 quotes from Adam Smith: ‘The great source of both the misery and disorders of human life, seems to arise from over-rating the difference between one permanent situation and another. Avarice over-rates the difference between poverty and riches: ambition, that between a private and a public station: vain-glory, that between obscurity and extensive reputation.

New home sales took a tumble for the second month in a row, falling 7.8 percent from December to a seasonally adjusted annual rate of 593,000 units. Year-over-year it was a more modest decline.

DBRS settles with SEC over misrepresenting mortgage bond rating capabilities Credit Rater Accused of Misrepresenting Surveillance Approach for Complex securities credit rating agency DBSR Inc. will pay nearly $6 million to settle Securities and Exchange Commission charges. The regulator is accusing the credit rater of misrepresenting the surveillance method it used for rating certain kinds of complex financial instruments over a three-year period.

Sales of new single-family homes tumbled 11.4% to an annual rate of 481,000 in March, pulling back from a seven-year high reached in the prior month and hitting the slowest pace since November.

New Home Sales, April 2017 – Business Insider – New-home sales in the US fell by much more than expected in April. Sales slumped by 11.4% at a seasonally adjusted annual rate of 569,000, the Census Bureau said in its monthly report.

PHH Home Loans adds Steve Majerus as western regional executive Recently, Coldwell Banker Residential Brokerage talked with Steve Majerus, Regional Executive for the western region of Princeton Capital, a mortgage bank/broker, about the state of the mortgage market. Majerus also offered some timely tips for those thinking about buying a home and looking for a mortgage loan:

 · The housing market remains wobbly as new-home sales slipped 1.6% in February, their second decline in a row. Sales of new single-family homes dropped to their slowest pace since October, reaching an annual rate of 313,000 from January’s 318,000, the Commerce Department said Friday.

Auction.com named Patrick McClain as its new senior vice president of portfolio operations. The company’s executive vice president talks about what

New home sales fell 73k in April, with the Median new home price falling 3.8% y/y to $309,200 12% of new homes sold in April cost more than $500,000, down from 18% last month. Months’ supply at 5.7 in April compared to 4.9 in March.

U.S. new home sales tumble after months of strong gains. –  · - New U.S. single-family home sales in March recorded their biggest drop in more than 1-1/2 years, snapping three straight months of hefty gains, in a temporary setback for the housing market.

"The asymmetry between existing- and new-home sales in March is surprising, but not shocking, as potential homebuyers often turn to existing homes if they judge that new homes are overpriced," said Andres Carbacho-Burgos, Moody’s analyst (Economy.com). "Also, new-home sales had been increasing strongly in the past three months, drawing down the.

federal reserve bank of New York reappoints president Mr. McDonough’s 10 years as the Federal Reserve Bank of New York’s president included guiding it through the Sept. 11, 2001, terrorist attacks and limiting the damage of a major hedge fund’s.

Economists surveyed by Econoday had forecast an unchanged reading of 72 in March. new home purchases were 4.6% higher in February compared to a year ago, and inventory of previously-owned homes is.