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Posts Tagged ‘ June ’

Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

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Fannie Mae: Mortgage Serious Delinquency Rate Unchanged in June

Fannie Mae reported that the Single-Family Serious Delinquency rate was unchanged at 0.70% in June, from 0.70% in May. The serious delinquency rate is down from 0.97% in June 2018. These are mortgage loans that are “three monthly payments or more past due or in foreclosure”.  The Fannie Mae serious delinquency rate peaked in...
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Freddie Mac: Mortgage Serious Delinquency Rate unchanged in June

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Freddie Mac: Mortgage Serious Delinquency Rate unchanged in June

Freddie Mac reported that the Single-Family serious delinquency rate in June was 0.63%, unchanged from 0.63% in May. Freddie’s rate is down from 0.82% in June 2018. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. This equals the lowest serious delinquency rate for Freddie Mac since November 2007. These are mortgage loans...
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Comments on June Existing Home Sales

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Comments on June Existing Home Sales

Earlier: NAR: Existing-Home Sales Decreased to 5.27 million in June A few key points: 1) The key for housing – and the overall economy – is new home sales, single family housing starts and overall residential investment. Overall, this is still a somewhat reasonable level for existing home sales.  No worries. 2) Inventory is...
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June 2019: Unofficial Problem Bank list increased to 76 Institutions, Q2 2019 Transition Matrix

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June 2019: Unofficial Problem Bank list increased to 76 Institutions, Q2 2019 Transition Matrix

Note: Surferdude808 compiles an unofficial list of Problem Banks compiled only from public sources. DISCLAIMER: This is an unofficial list, the information is from public sources and while deemed to be reliable is not guaranteed. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and...
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Schedule for Week of June 16, 2019

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Schedule for Week of June 16, 2019

The key reports this week are May housing starts and existing home sales. For manufacturing, the June New York and Philly Fed manufacturing surveys will be released. The FOMC meets this week, and no change to policy is expected at this meeting. —– Monday, June 17th —–8:30 AM: The New York Fed Empire State...
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Schedule for Week of June 2, 2019

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Schedule for Week of June 2, 2019

The key report scheduled for this week is the May employment report. Other key reports include the ISM Manufacturing and non-manufacturing surveys, Vehicle Sales and the Trade Deficit for April. Fed Chair Jerome Powell speaks on Tuesday, and the Fed’s Q1 Flow of Funds report will be released on Thursday. —– Monday, June 3rd...
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BLS: Job Openings “Little Changed” in June

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BLS: Job Openings “Little Changed” in June

Notes: In June there were 6.662 million job openings, and, according to the June Employment report, there were 6.564 million unemployed. So, for the third consecutive month, there were more job openings than people unemployed. Also note that the number of job openings has exceeded the number of hires since January 2015. From the...
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LA area Port Traffic Increases YoY in June

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LA area Port Traffic Increases YoY in June

Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long...
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NAHB: Builder Confidence Decreases to 68 in June

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NAHB: Builder Confidence Decreases to 68 in June

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in June, down from 70 in May. Any number above 50 indicates that more builders view sales conditions as good than poor. From NAHB: Builder Confidence Slips Two Points as Lumber Prices Soar Builder confidence in the market for...
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NAHB: Builder Confidence Decreases to 68 in June

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NAHB: Builder Confidence Decreases to 68 in June

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in June, down from 70 in May. Any number above 50 indicates that more builders view sales conditions as good than poor. From NAHB: Builder Confidence Slips Two Points as Lumber Prices Soar Builder confidence in the market for...
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