The Florida Home Owner

Serving the needs of current & future Florida Homeowners

The Florida Home Owner header image 4

Entries from August 5th, 2009

Earnings Preview: MBIA

August 5th, 2009 · Comments Off · Mortgage News

MBIA ( MBI ) is expected to report Q2 earnings before the market open on Thursday, August 6 with a conference call scheduled for 8 am. Guidance Analysts are looking for EPS of (92c) on revenue of $307.75M. The consensus range for EPS is ($1.07) to (76c…(read more) //

[Read more →]

Tags:

Homebuilder D.R. Horton: Good News, Bad News

August 5th, 2009 · Comments Off · Mortgage News

From D.R. Horton : D.R. Horton … today reported a net loss for its third fiscal quarter ended June 30, 2009 of $142.3 million … The quarterly results included $110.8 million in pre-tax charges to cost of sales for inventory impairments and write-offs…(read more) //

[Read more →]

Tags:

ABI: Personal Bankruptcy Filings up 34.3 Percent compared to July 2008

August 5th, 2009 · Comments Off · Mortgage News

From the American Bankruptcy Institute: Consumer Bankruptcy Filings Reach Highest Monthly Total Since 2005 Bankruptcy Law Overhaul U.S. consumer bankruptcy filings reached 126,434 in July, the highest monthly total since the Bankruptcy Abuse Prevention…(read more) //

[Read more →]

Tags:

NMHC Quarterly Apartment Survey: Occupancy Continues to Decline, but Pace Slows

August 5th, 2009 · Comments Off · Mortgage News

Note from NMHC: "Market Tightness Index reading above 50 indicates that, on balance, apartment markets around the country are getting tighter; a reading below 50 indicates that market conditions are getting looser; and a reading of 50 indicates that…(read more) //

[Read more →]

Tags:

How Treasury Spins Its Mortgage-Modification Figures

August 5th, 2009 · Comments Off · Mortgage News

Felix Salmon submits: Treasury has released its first report on the success to date of the Making Home Affordable program: The purpose of the report is to document the number of struggling homeowners already helped under the program, provide information…(read more) //

[Read more →]

Tags:

FHA suspends Taylor, Bean, & Whitaker Mortgage Corp. and proposes to sanction two top officials

August 5th, 2009 · Comments Off · Mortgage News

WASHINGTON – The Federal Housing Administration (FHA) today suspended Taylor, Bean and Whitaker Mortgage Corporation (TBW) of Ocala, Florida, thereby preventing the Company from originating and underwriting new FHA-insured mortgages. The Government National…(read more) //

[Read more →]

Tags:

China’s growth figures fail to add up

August 5th, 2009 · Comments Off · Mortgage News

The latest set of first-half gross domestic product numbers provided by China’s provincial authorities are far higher than Beijing’s national figure, raising questions on the accuracy of statistics in the world’s most populous nation…(read more) //

[Read more →]

Tags: