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Updated: 57 min 54 sec ago
While there is still a widespread preference for homeownership in America, 35% of households still rent, and of them, 20% report no intentions to buy. Here’s why.
The San Francisco housing market has always been a bellwether, and it doesn't look pretty, according to our friends at ZeroHedge.
Lewtan, based in Waltham, Massachusetts, provides solutions to issuers, investors, underwriters and others to administer, monitor and value securitized transactions. Its products cover more than 200,000 bonds and 20,000 securitized deals, serving over 300 financial institutions worldwide.
MGIC Investment Corporation is bolstering its senior management with the promotion of three of its own, Jay Hughes, Sal Miosi and Margaret Crowley.
Trulia proves that when it comes to real estate, it's what's inside that counts. Here's the video of Trulia scaring a bunch of poor, innocent people who just want a better place to live.
Freddie Mac officially approved Statebridge Company as a servicer, fulfilling one of its strategic goals set when it was founded in 2008. Statebridge is a mortgage servicer based in Denver, Colorado.
In this role, Edmunds has been tasked with leading growth of the bank’s residential lending platform for the New York City area. Edmunds has also been charged with spearheading an expansion into the Washington, D.C., and Los Angeles metropolitan areas.
DBRS cites the high quality of the underlying loans as a strength of the deal. “This transaction exhibits high-quality credit attributes, such as low loan-to-value ratios, strong borrower credit and full documentation on substantially all loans,” DBRS writes in its presale report.
A document delivery system with built-in capabilities to extract data from documents and enable two-party collaboration on the input of data is the ideal means to achieve all objectives.
It’s ironic that when the first Millennials were born, their Baby Boomer parents couldn’t afford a home either. Looking back to October 1981, interest rates on a 30-year, fixed-rate mortgage exceeded 18%. It wasn’t until rates fell below 10% in 1986, and to the 7% range in the early 2000s, that affordability ceased to be a major impediment to homeownership. Today, California’s housing affordability problem is back and here's why.
The national vacancy rate hovered around 7.4% for rental housing and 1.8% for homeowner housing, barely moving from the second quarter’s results.
The latest S&P/Case-Shiller home price indices show that home price growth continues to slow, but there’s more to the story than the headline numbers.
The risk of mortgage fraud has increased by 3.2% in the past year, led by Florida, according to the CoreLogic Mortgage Fraud Report.
Home-price growth continues to slow, according to the latest S&P/Case-Shiller Home Price Indices for August 2014, with Sunbelt cities leading the pack in declines.
According to the report, residential properties, including single-family homes, condominiums and townhomes, sold at an estimated annual pace of 4,402,741 in September, a decrease of 1% from August 2014 and a decrease of 19% from one year ago.
In her new role, Burns will “leverage her considerable regulatory experience and housing policy expertise to promote the development and adoption of policies and initiatives that will help bring greater clarity and confidence to the housing finance industry,” The Collingwood Group said.
According to a new report from Bloomberg, Bank of America's $16.65 billion settlement is “being held up” by an internal fight at the SEC over whether certain additional sanctions should be waived or not.
If you want to know just how bad Ocwen’s week really was, all you need to do is look at one chart: Ocwen’s stock price.
San Francisco-based Top Agent Network filed suit Monday in U.S District Court for the Northern District of California against Zillow, alleging theft of its proprietary trade secrets to create the highly touted “Coming Soon” feature.
Although several years have passed since the financial crisis, local authorities are still arresting people who made their fortune during the downturn. Todd Brunner, 57, a onetime local king of foreclosures, and his son, Shawn, 24, are no exception.