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Data suggests that an annual growth in inventory and days on the market, coupled with more modest price increases than in years past, speaks to a healthier market in 2014 compared with the early buying season in 2013.
Taxes are up, and one comprehensive tax reform measure would limit the mortgage interest deduction. Good idea, or another headwind the housing market can't take?
The company initially said that the characteristics of the outage appeared to be consistent with a distributed denial of service attack. Now the company’s CEO is apologizing to its clients.
The licensing requirement was included as part of the New York state budget passed on April 1. New York was previously one of three states in the country that did not require its title insurance agents to be licensed.
According to a recently published data, in the first quarter of 2014, banks filed 2,348 court notices in non-judicial states -- a drastic jump compared to just seven notices in the first quarter one year prior. California's Homeowner Bill of Rights is driving a change in the foreclosure process, and it looks like it's just getting started.
United Wholesale Mortgage, one of the nation’s largest wholesale lenders, launched a new program called ‘Big & Easy Plus,’ which is design for non-QM Jumbo loans.
Moody's says the GSE package could help kick-start issuance in the private-label residential mortgage-backed securities.
The next couple of quarters may be rough going for the housing and finance industry.
Closing one of the final mortgage ties Ally had, U.S. Bancorp announced it entered an agreement to purchase the document custodian business of Ally Bank.
Three financial trade associations have issued a joint letter protesting the direction in housing finance reform as biased in favor of large lenders, and they list seven specific concerns they have about Johnson-Crapo.
As discussions on Capitol Hill have intensified with multiple proposals for GSE reform coming from both sides of the aisle, Federal Housing Finance Agency Director Mel Watt’s voice will carry a significant amount of weight, provided that he actually uses it.
No one can say why some suburbs are crime-ridden and others are safe, but one can at least know which is which.
When considering the purchase of your second or vacation home, be sure to understand the mortgage lender’s eligibility requirements for categorizing the property as a second home.
This will be Marinosci Law Group's first office in California. Tye Merritt will serve as managing partner of MLG’s California division.
The largest factor adding to the fall from a year prior was a $13 million decrease in mortgage banking revenues, resulting from lower originated loan volumes.
Most analysts expected Citi to fail this quarter. Those same analysts were wrong. Despite failing a Federal stress test and a huge settlement with mortgage bond investors, the big bank still managed to pull a profit.
There are better ways to kill Fannie and Freddie, the WSJ board says. One of them is the PATH Act.
CMBS loan defaults, including those for multifamily properties, dropped for the fourth consecutive year and to their lowest level since 2008, according to Fitch Ratings in its annual CMBS loan default study.
CMBS loan defaults including those for multifamily properties dropped for the fourth consecutive year and to their lowest level since 2008, according to Fitch Ratings in its annual U.S. CMBS loan default study.
“New regulations are a very convenient excuse for the large banks to get away from what is a crappy business,” according to one senior banker.