Fannie and Freddie: REO inventory declined in Q1, Down 34% Year-over-year
Fannie and Freddie reported results this week. Here is some information on Real Estate Owned (REOs).From Fannie Mae: Fannie Mae Reports Net Income of $1.1...
Author : Calculated Risk
Goldman’s April NFP Preview
A few excerpts from Goldman Sachs' April Payroll Preview by economist David Mericle:We expect a 240k gain in nonfarm payroll employment in April. We increased...
Las Vegas Real Estate in April: Sales Increased 4% YoY, Inventory Declines Slightly
This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities....
Weekly Initial Unemployment Claims increase to 274,000
The DOL reported:In the week ending April 30, the advance figure for seasonally adjusted initial claims was 274,000, an increase of 17,000 from the previous...
Trade Deficit decreased in March to $40.4 Billion
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was...
ADP: Private Employment increased 156,000 in April
Private sector employment increased by 156,000 jobs from March to April according to the April ADP National Employment Report®. ... The report, which is derived...
MBA: Mortgage “Refis Down, Purchases Flat in Latest MBA Weekly Survey”
From the MBA: Refis Down, Purchases Flat in Latest MBA Weekly SurveyMortgage applications decreased 3.4 percent from one week earlier, according to data from the...
Wednesday: Trade Deficit, ADP Employment, ISM non-Manufacturing
Wednesday:• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, the ADP...
U.S. Light Vehicle Sales increase to 17.4 million annual rate in April
Based on an estimate from AutoData, light vehicle sales were at a 17.42 million SAAR in April.That is up about 4% from April 2015, and up...
The Projected Improvement in Life Expectancy
Note: This is an update to a post I wrote some time ago with more recent data and projections.Here is something different, but it is...