Sales of existing single-family homes in Florida totaled 13,485 in September, an decrease of 34% from the level recorded a year earlier, according to the Florida Association of Realtors.The median sales price of homes sold in September declined to $243,900, down 1% from $246,100 in September 2005, FAR reported. Among the state's larger markets, resales decreased 12% in the Miami metropolitan statistical area, while the Miami market's median resale price held steady at $371,700.
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Foreclosure prevention actions supported homeowners, with loan modifications being the majority.
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A consumer was moving to certify a class of thousands of borrowers who paid the telephone mortgage payment fees to a subsidiary the servicer acquired.
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AnnieMac CEO Joe Panebianco has navigated a broad range of risks, from cash buyer competition to shifts in the market's loan product mix, with a unique leadership style.
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JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
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House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
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The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
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