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The MReport Webcast: Wednesday 1/6/2016

in Media, Webcasts January 6, 2016 1,646 Views

Low supply levels and increasing demand in the housing market are fueling home prices, in turn, placing all of the cards into sellers' hands.

 

Home prices, including distressed sales, rose by 6 point 3 percent in November 2015 compared to the same month last year, according to CoreLogic's November 2015 Home Price Index report released Tuesday. Home prices are also up 0 point 5 percent month-over-month in November 2015.

The OCC determined that both JPMorgan Chase and EverBank are now in compliance with the consent orders and has therefore terminated the orders, ending business restrictions affecting the two banks as mandated by the June 2015 amendments. So are JPMorgan and EverBank finally off the OCC's hook? All news is not good news for these two institutions.

About Author: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.
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