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Updated: 34 min 26 sec ago
Talking about homebuilding and homebuying, The Atlantic stakes this reasoned position - "The whole world won't listen to what I'm telling it to do. What's wrong with the world?"
Although mortgage rates grew for the third consecutive week, they still remain near lows experienced in late May 2013.
First of all, let’s set one thing straight: discrimination is rampant in the credit markets. Period. There are heavy-handed guidelines in the mortgage lending space that deal harshly with racist housing institutions. That there is no federal proxy for auto lending is nothing short of pitiful.
Smaller inventories helped push house prices slightly higher in December. Here's the rundown on what happened.
Nationstar posted fourth-quarter net income of $19 million, significantly down from $111 million in the third quarter. Despite the drop, the company believes it is well positioned for 2015 from a capital, technology and operational perspective.
Trouble ahead as jobless claims surge the week ending Feb. 21. Here's what happened.
Walter Investment ended the year with a positive revenues and profits, but fourth quarter weakness and a fourth quarter net loss on income dragged the year's performance down. Here's what happened.
Morgan Stanley said it reached an agreement in principle with the United States Department of Justice and the United States Attorney’s Office for the Northern District of California to pay $2.6 billion to resolve certain claims the financial enforcers intended to bring against the investment bank.
While Lenda has caused some stir in the industry due to its unique approach to mortgage lending, it is faring quite well in the market, which includes its latest expansion into Oregon.
While the Zillow Group may be embroiled in a legal battle with Move over Move-owned ListHub’s decision to terminate its listing agreement with Trulia, that hasn’t stopped Zillow from working to reach agreements with multiple listing services to provide listing data directly to Zillow. The latest to reach such an agreement is the Georgia Multiple Listing Service.
After bringing its first prime jumbo mortgage securitization to market in November, FirstKey Mortgage is back with its second such offering. Its second securitization features a total principal balance of $293 million on 407 loans. The loans carry an average unpaid balance of $719,941.
Clayton Holdings announced several leadership changes as it continues to play to its strengths and execute on its long-term vision. Most notably, Lorenz Schwarz, the president of Green River Capital, has been promoted to executive vice president of strategic initiatives and new business at Clayton.
Maybe there’s finally some good news for embattled nonbank Ocwen Financial. In a new report, analysts from Moody’s Investors Service say that the $1.3 billion acquisition of Ocwen associate Home Loan Servicing Solutions by New Residential Investment will actually help to stabilize Ocwen’s own servicing operations and improve Ocwen’s future prospects.
New home sales flatlined in January, but while some say it's a sign the housing market is in for a long slog, others are optimistic about the long-haul for 2015. Here's why.
Whether in the meeting rooms, in the hallways, or down on the expo floor of the Gaylord Texan, one of the main discussion topics at this year’s MBA Servicing conference has been the future of the mortgage servicing business. One trend that attendees are sure will continue is the migration of the mortgage process onto the web and servicers need to be prepared.
In her meeting with the Senate Banking Committee on Tuesday, Federal Reserve Chairwoman Janet Yellen said that it would be awhile before the central bank’s Open Market Committee makes a move on interest rates. A choice the market seems to be happy about.