There are signs the housing markets are returning to a more normal state, according to a survey conducted for Relocation.com. The survey, conducted in June, found that 50% of those who moved recently did so to improve their living situation. A Relocation.com survey done in March found the recession had a much larger role in the decision to move. The top reason to move was living in a bigger and/or better home, cited by 26% of respondents. This was followed by better neighborhood, 24%; closer to family/friends, 12%; lower cost of living, 9%; and change in marital status, 6%. Those respondents who moved because of foreclosure or losing their jobs were among the categories in the survey that garnered a response of 3% or less. "Even in the midst of the toughest economy in years, people who are moving are still motivated by the same things that motivated them in the past: to make a better life," says Sharon Asher, founder and chairman of Relocation.com. "Despite the drumbeat of bad news, our survey indicates that consumers are starting to return to actively making positive moving choices, and fewer reactive moves due to the down economy."
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
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The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
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The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
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Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
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The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
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The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
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