Today’s News Synopsis:

The latest Case-Shiller National Index from S&P and CoreLogic showed a 5.9% annual gain in home prices, putting them at their highest in 31 months.  The latest report from the CFPB showed complaints regarding credit were much higher from December 2016-February 2017.  A new product was released by ATTOM Data Solutions today that will help point out what properties are likely to sell 30 days after their settlement date.

In The News:

S & P Dow Jones Indices – “The S&P CoreLogic Case-Shiller National Index Annual Return Sets 31-Month High” (3-28-2017)

“S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2017 shows that home prices continued their rise across the country over the last 12 months.”

Bloomberg – “Saudi Wealth Fund Targets Real Estate, Energy Projects in Jordan” (3-28-2017)

“Saudi Arabia’s Public Investment Fund will create a new investment company to target real estate, energy and tourism projects in Jordan, as it continues to expand and diversify.”

Realtor.com – “3 Reasons Millennial Buyers Love VA Loans” (3-28-2017)

“Millennial veterans and military members are helping fuel the resurgence of the historic VA loan program. Last year’s 707,000 loans were more than double the agency’s total from five years ago.”

Realty Trac – “ATTOM Data Solutions Launches New Two-for-One Lead Product Featuring Pre-Mover and New Homeowner Leads” (3-28-2017)

“ATTOM Data Solutions (www.attomdata.com), curator of the nation’s largest fused property database, today announced it has launched a new two-for-one lead product proven to identify properties with a high likelihood of selling within 30 days of an indicated settlement date — providing both pre-mover leads (people moving out of the home) and new homeowner leads (people moving into the home).”

Fannie Mae – “Fannie Mae Announces Winner of Sixth Community Impact Pool of Non-Performing Loans” (3-28-2017)

“Fannie Mae (FNMA/OTC) today announced that New Jersey Community Capital, a non-profit community development financial institution, is the winning bidder of the company’s sixth Community Impact Pool of non-performing loans.”

Bloomberg – “Manhattan Landlords Are Offering Massive Giveaways to Their Retail Clients” (3-28-2017)

“Manhattan landlords, who have seen retail occupancy plummet after boosting rents to record levels, are trying to avoid big price cuts.”

DS News – “Credit Complaints Amplify in Latest CFPB Report” (3-28-2017)

“Credit complaints have skyrocketed, with student loan complaints showing the greatest increase, according to the Consumer Financial Protection Bureau’s (CFPB) most recent Monthly Complaint Report, which tabulated consumer complaints from December 2016-February 2017.”