WASHINGTON (STL.News) – The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the fourth quarter of 2018.
The OCC Mortgage Metrics Report, Fourth Quarter 2018, showed 95.8 percent of mortgages included in the report were current and performing at the end of the quarter, compared to 94.5 percent a year earlier.
The report also showed that servicers initiated 29,515 new foreclosures during the fourth quarter of 2018, a 3.5 percent increase from the previous quarter and a 14.5 percent decrease from a year ago.
Century Communities Inc., a top 10 national home builder, announced today it is opening all of its showcase and new model homes for viewing during its National Open House Weekend. The nationwide event opens to the public March 23-24 at all participating Century Communities Divisions.
The National Open House Weekend offers interested homebuyers the opportunity to tour Century Communities’ existing inventory of showcase quick move-in or new model homes located in 15 states across the West, Mountain, Texas and Southeast U.S.
General Finance Corporation’s (NASDAQ: GFN) subsidiary, Pac-Van, Inc., announced its recognition at the Modular Building Institute’s 2019 World of Modular annual convention and trade show.
At this year’s “Awards of Distinction” ceremony, Pac-Van was awarded an “honorable mention” in the relocatable single-wide category for its United Shores Professional Baseball League (USPBL) merchandise container project in Utica, Michigan.
“Pac-Van has a long history of being recognized for its modular and customized container projects, and it’s exciting to see that trend continue at this year’s World of Modular convention,” said Ted Mourouzis, CEO and President of Pac-Van, Inc.
The chance to own a piece of Florida’s sunlit lifestyle just got even better and easier. Real Estate Auction Marketplace™, Interluxe, is offering two separate properties via auction with no reserves or minimum bids: an Oceanfront Amelia Island Estate and a Miami-Area Condo.
Boundless opportunities presented for a rare and unparalleled oceanfront Amelia Island residence, aptly named “Paradiso,” which is being offered exclusively via Interluxe in conjunction with Carey Dresser, Berkshire Hathaway Home Services – Chapman Williams Realty.
Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month.
Total existing-home sales1, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, shot up 11.8 percent from January to a seasonally adjusted annual rate of 5.51 million in February.
American Dream Mortgage (ADM), a division of Finance of America Mortgage LLC, joined Homes For Our Troops (HFOT) in kicking off the construction of the home being built for Sean Carroll and his family. This HFOT Community Kickoff occurred on Saturday, March 9, 2019 at Elk Creek Elementary School in Pine, Colorado. The ceremony included an escort and speeches by the builder, key partners, HFOT President/CEO Brigadier General Tom Landwermeyer, HFOT home recipient Army Staff Sergeant Matt Keil and Sean Carroll.
Viewers will soon be able to see Laurence Fishburne, host of “Information Matrix,” in a new segment on job opportunities in the construction and building industries. There will always be job opportunities for those working in construction-related fields. New buildings will need to be built, old buildings will need to be torn down, and existing buildings and homes will need to be remodeled or repaired.
The stock market isn’t always going to go up, every single year. Those trends sometimes have investors worried, just as the recent “corrections” in the market have some wondering whether their portfolio is truly capable of withstanding a major crash. One tool investors can use to avoid this fear is diversification, including the diversification out of the stock market, as made possible by accounts like Self-Directed IRAs.