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Updated: 13 min 14 sec ago
"We remain excited about the recurring nature of the revenue, the market positioning of our product offerings, the significant organic revenue growth opportunities and the strong EBITDA margins that Black Knight brings to FNF," said Chairman William Foley.
"The quarter’s results reflect the earnings power inherent in our diversified business model, as several lines of business grew this quarter, including energy lending, brokerage and trading, and mortgage banking," Steven Bradshaw, president and CEO of BOK Financial, said.
CFPB Director Richard Cordray was excoriated by Republicans for not holding any senior management accountable for the history of discrimination, while Democrats said Republicans just want to defang the regulatory bureau.
A federal judge has ordered Bank of America’s Countrywide unit to pay $1.3 billion in penalties for junk mortgages sold to the government sponsored enterprises in the years prior to the 2008 financial crisis.
A survey of analysts, speaking off and on the record, showed that none had serious concerns about antitrust issues with the deal.
Fannie Mae updated a handful of its policies regarding significant derogatory credit events, allowing more borrowers to jump back into the housing market.
If an economist or economists continue to miss the mark by under-forecasting economic growth and then back-pedal by saying the revised numbers were “unexpected,” they should disqualify themselves from being called economists.
The Federal Reserve decides to taper another $10 million in bond purchases.
The latest Consumer Financial Services Alert, from law firm Ballard Spahr, highlights alleged nefarious tactics from bill collectors in New York, including threatening to arrest borrowers.
In case you missed it earlier, HousingWire is offering our support to the Bipartisan Policy Center’s 2014 Housing Summit this September 15-16 in Washington, DC. We’re honored to play a role. But it’s why we’re supporting the event – and why you should, too – that maybe needs a little more explaining.
"Statebridge has an experienced senior management team, developed recruiting, staffing, and retention programs, and developed loan and default administration capabilities," Fitch Ratings said.
A report on TheStreet.com Tuesday focusing on the potential for conflict of interest in Blackstone serving as an advisor to the U.S. Department of Treasury missed a much bigger story.
A note to clients from Sterne Agee reports on the state of the homebuilder market, which shows housing continues to struggle against falling inventories and subpar sales.
In a strategic move, Windstream was cleared by the IRS to reclassify most of its copper and fiber-optic lines as real estate. But not everyone is supportive of this venture.
Despite a DDoS attack that put the company out of service for a couple of days and increased competition, Move managed to still record an increase in revenue.
There is some division in the industry on whether housing will continue to recover going into the second half of 2014. There are some bright spots, but three market segments in particular are a concern.
Real gross domestic product increased at an annual rate of 4% in the second quarter of 2014, according to the "advance" and incomplete estimate released by the Bureau of Economic Analysis Wednesday.
Continuing the long-term trend this year, mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 25, 2014.
Third-party updates may be necessary to update transaction coverage and calculations, obtain required information for verifications, incorporate new disclosures, and to make sure your software, compliance, quality-control, and recordkeeping protocols comply with the new rule.
The Treasury still has plenty of money left to help struggling homeowners, with nearly $22 billion of untapped funding available for the Treasury’s Making Home Affordable program.