Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market
FHFA Analyzes Impact Of Distressed Sales On Pricing
WASHINGTON (8/14/13)--The Federal Housing Finance Agency Tuesday released a paper that evaluates the impact of distressed sales--sales of bank-owned properties and short sales--on the FHFA house price index.
 
The study details recent and historical price discounts associated with distressed sales and provides statistical evidence supporting the validity of the approach FHFA has used to form its "distress-free" house price indexes, said FHFA. Such indexes, which were first released in the summer of 2012, show price trends free of the direct effects of distressed sales.
 
"Working Paper 13-01: Distressed Sales and the FHFA House Price Index" was authored by FHFA's Principal Economist Andrew Leventis and Economist Will Doerner in the agency's department of Housing Finance Research and Analysis.
 
FHFA working papers are preliminary products circulated to stimulate discussion and critical comment. The analysis and conclusions are those of the authors and do not imply concurrence by other staff at FHFA or its director, the agency said.
 
To access the paper, use the link.
RSS





print
News Now LiveWire
.@RealtyTrac:In 2015 first wave of 7.3M homeowners who lost home 2 foreclosure crisis R past 7-yr window 2 repair credit/qualify 2 buy home.
19 minutes ago
.@CUNA's state CU subcmte honors Fla's @DorothyHukill, ND's @kekschmidt with #Desjardins fin lit award #NewsNow http://t.co/yZJw1bPeNr
32 minutes ago
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
15 hours ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
16 hours ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
16 hours ago