Single-family home sales in Massachusetts plunged 13.5% in November to 4,130, the lowest level for any November since 1992, according to The Warren Group, a Boston-based publisher of real estate and financial data.The single-family decline was the eighth double-digit percentage drop this year and the 25th sales falloff in the past 28 months, the publisher reported. The median sales price of single-family homes in Massachusetts fell to $315,000 in November, compared with $337,000 a year earlier and $364,000 at its peak in June 2005, the company said. It was the eighth decline in the median home price in the past nine months. The company can be found online at http://www.thewarrengroup.com.
-
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.
June 26 -
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.
June 26 -
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.
June 26 -
ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.
June 26 -
Nearly one-third of states now have official nonbank standards for liquidity, capital and corporate governance that firms over a certain threshold must meet.
June 26 -
KBW now rates UWM as outperform, and BTIG calls the stock a buy, but both cite high leverage levels and industry macro trends depressing its stock price.
June 26









