Certified Forensic Loan Auditors, LLC

 
  Upcoming Classes

Search CFLA's Article Archive:

Economy News Today: Mortgage Applications, Same-Store Sales

news.investors.com | June 1, 2014

By IBD Staff

Mortgage applications sink

Even as interest rates ticked down for the 4th straight week, applications to buy a home fell a third straight week during the May 23 week and are down 54% for the year. Refinance applications, which had perked up in line with declining rates, fell and are down 67% for the year.

Freddie: Housing market stalling

Freddie Mac's Multi-Indicator Market Index is at -3.06, which indicates a weak market that seems to be losing ground. Only 13 states plus D.C. improved in March. Most improving markets are areas benefiting from the energy boom, Freddie said. Fewer than half the markets surveyed are improving vs. last year, when over 90% were.

Same-store sales sag

Sales declined 1.2% in the May 24 week, ICSC-Goldman said. They took the yearly gain to 2.1%, from 2.4% in the prior week. Redbook's survey also fell, to 3.2% from 3.9%. But both surveys are gradually trending higher — Redbook is up 0.7% for the month.

CEO pay jumped in '13, per a Wall Street Journal/Hay Group survey. Overall direct compensation, including base salaries, incentives and more, rose 5.5%, the most since '10.

German joblessness jumped by 24,000 in April, not enough to change the jobless rate from 6.7%. Vacancies also declined by 3,000.

French producer prices fell 0.1% for the month, 0.9% for the year in April. It was the 4th straight decline. Separately, French consumer spending on manufactured goods was flat in April, less than expected. It rose 1.2% for the year.

U.K. retail sales plunged in May, as 16% of CBI survey respondents reported higher volumes vs. a year ago, down from 30% in April and from forecasts for 35%.

EU sentiment up again

The European Commission's economic sentiment index rose higher than expected in May, 0.7 point to 102.7, the 12th rise in 13 months. Both components, industrial and consumer, made progress. France was the only large member country to show a decline.

ECB: progress, risk in finance

Bank risk has declined as banks strengthened their balance sheets and sovereigns enacted fiscal changes, the European Central Bank said in its Financial Stability Review. But the bank warned that a global hunt for yield is leading investors into risky assets, creating "pockets of illiquidity."

China's real estate boom is over, said its biggest residential developer, China Vanke Co., but real demand will persist for years.

 

Back to June 2014 Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
spacer
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
 
BBB Logo

 

spacer
Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:




 

DVD Sets Only $99

 

FREE Mortgage Fraud Analysis

 

Order Cutting-Edge Services Now

 

Quiet Title Packages from Licensed Attorneys

 

Affiliate Services

 

CFLA Sponsored Attorney Links

 

Take-Home Education Package

 

ALB Law Firm

 

Advocate Legal

 

The True News Network

 

Rubenstein Business Law

 

Atighechi Law Group

 

Scunziano & Associates

 

Get Certified to Perform Mortgage Securitization Audits

 

CFLA Training Academy

 

Expert Witness Services

 

Cutting Edge Expert Securitization Reports

 

CFLA Credit Cards

 

Breaking News

 

Letters to the Editor

 

CFLA Weekly Newsletters

 

Code of Ethics

 

Testimonials

 

Instructional Videos

 

Job Opportunities

 

License Opportunities

 

MARS Rule

 

Product Samples

 

Resource Links

 

Servicer Information

 

Foreclosure Laws

 

REST Report

 

Quiet Title Packages from Licensed Attorneys

 

Advertise on CFLA

 

Advertising Space: Mortgage Securitization, Quiet Title

 

Certified Forensic Loan Auditors, LLC
13101 West Washington Blvd.
Suite 444
Los Angeles, CA 90066

Toll Free: 888-758-CFLA (2352)
Mobile Users: CLICK TO CALL
info@certifiedforensicloanauditors.com

   
 
CFLA IS NOT A LAW FIRM AND DOES NOT PROVIDE ANY LEGAL ADVICE. CFLA DOES NOT OFFER FORECLOSURE CONSULTING OR FORECLOSURE RELIEF
SERVICES. CFLA DOES NOT OFFER OR ASSIST WITH ANY LOAN MODIFICATION SERVICE. CFLA ALWAYS RECOMMENDS THAT CLIENTS RETAIN COMPETENT COUNSEL IN THEIR RESPECTIVE JURISDICTION. CFLA HAS A FREE PROGRAM TO REFER CFLA CLIENTS TO LAW FIRMS IN NEARLY EVERY STATE AND CFLA
DOES NOT CHARGE OR OBTAIN REFERRALS FEES FOR THESE SERVICES. SERVICES NOT OFFERED TO RESIDENTS OF THE STATE OF NEVADA.

 
Home About Us Privacy Policy Terms of Service Disclaimer SERVICES Careers Contact Us
 
COPYRIGHT © 2007-2016 Certified Forensic Loan Auditors ™ All rights reserved