Bank Job Cuts and M&A; Nationstar Adds $50 Billion in Servicing - Does it Make Money?

Posted To: Pipeline Press

If you're a loan officer and need some data for a presentation to some real estate agents, here's a decent source. Using data collected by the U.S. Census Bureau's Survey of Construction, this Characteristics of New Housing " report provides annual statistics on the characteristics of new privately owned residential structures by census region. Things like the number of bedrooms and bathrooms, the location of the laundry, presence of a homeowner's association, the buyer's source of financing and the structure's square footage. And if you want to hone in on single-family housing, like how many houses have more than four bedrooms, here you go . High levels of market volatility have put a damper on bank stocks, pushing them down to sharply lower levels. This decline will reduce...(read more)

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