Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-60325 Thu, 28 Jul 2016 16:27:05 GMT Homeownership Rate in the U.S. Tumbles to the Lowest Since 1965 http://implode-explode.com/viewnews/2016-07-28_HomeownershipRateintheUSTumblestotheLowestSince1965.html The share of Americans who own their homes was 62.9 percent in the second quarter, the lowest since 1965, according to a Census Bureau report Thursday. It was the second straight quarterly decrease, down from 63.5 percent in the previous three months.

First-time buyers have been struggling to find affordable properties as low mortgage rates and an improving job market spur competition for a tight supply of listings. Home prices rose 5.2 percent in May from a year earlier, according to the S&P CoreLogic Case-Shiller index of values in 20 cities released this week.

]]>
iehi-feed-60314 Wed, 27 Jul 2016 18:19:34 GMT Behind The New Home Sales Data: A Darker Backdrop http://implode-explode.com/viewnews/2016-07-27_BehindTheNewHomeSalesDataADarkerBackdrop.html Sales have nearly doubled from the June 2010 and June 2011 lows of 28,000 to this June's 54,000. But this is still down sharply from the June 2005 peak of 115,000 units. At the same time, it barely exceeds the low of 47,000 reached in June 1991 and 53,000 in June 1992 during that recession...

From the 2002 recession until this year, nominal median household income has risen by approximately 32%, using estimated 2% increases for 2015 and this year, which is consistent with the BLS data on nominal wage growth. However, the rate of sales per million people has declined by almost 22% over that period

]]>
iehi-feed-58807 Mon, 25 Jan 2016 17:47:10 GMT Hudson Valley Developer Admits To HUD Kickback Scheme http://implode-explode.com/viewnews/2016-01-25_HudsonValleyDeveloperAdmitsToHUDKickbackScheme.html iehi-feed-58485 Thu, 17 Dec 2015 18:35:51 GMT Foreclosure Rescue Scammer Gets 3 Years In Federal Prison http://implode-explode.com/viewnews/2015-12-17_ForeclosureRescueScammerGets3YearsInFederalPrison.html iehi-feed-58367 Fri, 04 Dec 2015 18:19:01 GMT False Claims Act Suit May Force Quicken Out of FHA http://implode-explode.com/viewnews/2015-12-04_FalseClaimsActSuitMayForceQuickenOutofFHA.html iehi-feed-57865 Wed, 30 Sep 2015 14:44:41 GMT FHA Loans Are Government Backed Sub-Prime Loans http://implode-explode.com/viewnews/2015-09-30_FHALoansAreGovernmentBackedSubPrimeLoans.html iehi-feed-57824 Thu, 24 Sep 2015 22:16:38 GMT Are FHA Loans "Government Backed" Subprime Loans? http://implode-explode.com/viewnews/2015-09-24_AreFHALoansGovernmentBackedSubprimeLoans.html iehi-feed-57592 Sat, 29 Aug 2015 18:21:07 GMT Not All Foreclosure Victories Have Fairy Tales Endings http://implode-explode.com/viewnews/2015-08-29_NotAllForeclosureVictoriesHaveFairyTalesEndings.html iehi-feed-57533 Sun, 23 Aug 2015 03:38:56 GMT Reverse Mortgage Broker Feels The Wrath Of Mass AG http://implode-explode.com/viewnews/2015-08-22_ReverseMortgageBrokerFeelsTheWrathOfMassAG.html iehi-feed-57482 Mon, 17 Aug 2015 15:58:03 GMT Judge Rules Reverse Mortgage Spouses have Borrower Rights http://implode-explode.com/viewnews/2015-08-17_JudgeRulesReverseMortgageSpouseshaveBorrowerRights.html iehi-feed-57434 Tue, 11 Aug 2015 15:05:51 GMT Foreclosure Fraud Fighter Robert "Jack" Wright Of MSFRAUD Passes Away. He Was 61 http://implode-explode.com/viewnews/2015-08-11_ForeclosureFraudFighterRobertJackWrightOfMSFRAUDPassesAwayHeWas6.html iehi-feed-57422 Sun, 09 Aug 2015 18:01:58 GMT Does US Bank Discriminate Against Black People? http://implode-explode.com/viewnews/2015-08-09_DoesUSBankDiscriminateAgainstBlackPeople.html iehi-feed-57364 Tue, 04 Aug 2015 00:33:34 GMT Wells Fargo Whistleblower Tells All http://implode-explode.com/viewnews/2015-08-03_WellsFargoWhistleblowerTellsAll.html iehi-feed-57356 Sun, 02 Aug 2015 19:07:54 GMT The 1991 Donald Trump Documentary He Tried To Suppress http://implode-explode.com/viewnews/2015-08-02_The1991DonaldTrumpDocumentaryHeTriedToSuppress.html iehi-feed-57277 Thu, 23 Jul 2015 02:13:02 GMT Massachusetts Mortgage Broker Convicted of Bank Fraud http://implode-explode.com/viewnews/2015-07-22_MassachusettsMortgageBrokerConvictedofBankFraud.html iehi-feed-57275 Wed, 22 Jul 2015 19:37:28 GMT Blair Witch Sentenced To Two Years in Prison For $2.4 Million Mortgage Fraud Scheme http://implode-explode.com/viewnews/2015-07-22_BlairWitchSentencedToTwoYearsinPrisonFor24MillionMortgageFraudSc.html iehi-feed-57227 Wed, 15 Jul 2015 19:07:19 GMT Ring Leader Of $64 Million FHA Mortgage Fraud Scheme Pleads Guilty http://implode-explode.com/viewnews/2015-07-15_RingLeaderOf64MillionFHAMortgageFraudSchemePleadsGuilty.html iehi-feed-57196 Sun, 12 Jul 2015 00:32:54 GMT Lying About Sink Hole Could Get Florida Man 20 Years In Prison http://implode-explode.com/viewnews/2015-07-11_LyingAboutSinkHoleCouldGetFloridaMan20YearsInPrison.html iehi-feed-57184 Fri, 10 Jul 2015 18:33:22 GMT Florida 4th DCA Ruling Could Change Florida Foreclosure Landscape http://implode-explode.com/viewnews/2015-07-10_Florida4thDCARulingCouldChangeFloridaForeclosureLandscape.html iehi-feed-57183 Fri, 10 Jul 2015 13:30:02 GMT Robo-Signing Firm Proclaims Supremacy In Title Clearing http://implode-explode.com/viewnews/2015-07-10_RoboSigningFirmProclaimsSupremacyInTitleClearing.html