Monthly Archives: October 2014

Banks Accused Of False Reporting Foreclosures & Bankruptcies

A federal judge has refused to throw out a lawsuit by borrowers who claim that their banks wrongfully notified credit reporting agencies that thousands of home owners had gone through bankruptcies or foreclosures. The judge said that Wells Fargo and … Continue reading

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Income Growth Is Key For Housing Demand

If income growth is key for greater household formation, housing analysts say some recent progress on the salary front may soon unleash pent-up housing demand among younger adults. While all age groups, except for those above age 65, continue to … Continue reading

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Pending Home Sales Slowed In August

Pending home sales slowed in August, with all regions posting declines except for the West, according to the National Association of REALTORS®’, Pending Home Sales Index,a forward-looking indicator based on contract signings. NAR says that fewer distressed sales and less … Continue reading

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