Warren Buffett sees housing recovery to start within a year

Buffett said the housing recovery is helping economic growth and that demand is slowly returning to the economy. "The economy is moving forward, but at a slow pace," he said.

Sales of corporate bonds in the U.S. are surging toward the busiest May ever as borrowers race to the market before demand dries up with Bill Gross and warren buffett cautioning. backed securities.

After declaring that he was "dead wrong" about a housing recovery occurring last year, billionaire investor Warren Buffett said that if it were practical, he’d buy up "millions" of single family homes. During an interview with CNBC, Buffett said that if held for the long-term at low interest rates, houses could be a better asset to hold than stocks.

ACLU pushes to slow mass foreclosure docket in Florida Obama stresses refi plan won’t ‘solve all problems’ c. Extending streamlined refinancing for all GSE borrowers: The President’s plan would extend these steps to streamline refinancing for homeowners to all GSE borrowers. Those who have significant equity in their home – and thus present less credit risk – should benefit fully from all streamlining, including lower fees and fewer barriers.NY Establishes Loss Mitigation, Fair Dealing Duties for Mortgage Servicers Servicers Can modify current loans, Fannie Mae Says DeMarco says Senate hearing was constructive’ step toward taking Fannie Mae, Freddie Mac out of conservatorship – The former head of Fannie Mae’s and Freddie Mac’s chief regulator. DeMarco now is president of the Housing Policy Council that represents mortgage finance companies that originate, service and.10-K – SEC.gov – For certain accounts, we perform specialty servicing activities utilizing a “high-touch” model to establish and maintain borrower contact and facilitate loss-mitigation strategies in an attempt to keep defaulted borrowers in their homes.