Clear Capital: Rising P/E Ratios Mean Investors Must Do Their Homework
With home prices now stabilizing, investors looking to get in on the rental market are going to have to conduct a more careful...
Down Payment Assistance Program Offered For Long Islanders
The Community Development Corp. of Long Island (CDCLI) Funding Corp. has partnered with the Housing Development Fund (HDF) to allow first-time home buyers...
Top 10 Markets For First-Time Home Buyers Revealed
Realtor.com has named the top 10 markets for first-time home buyers for the upcoming home buying season. In this report, realtor.com examined five...
MBA: Average Profit Per Loan Dropped By 80% In Fourth Quarter
The net profit independent mortgage banks made on each loan they originated in the fourth quarter of 2013 dropped by nearly 80% compared...
RealtyTrac: February Home Sales Dipped; Foreclosure Inventory Drying Up
U.S. home sales dipped in February compared to January, due mainly to a drop in distressed sales and a corresponding decline in investor...
NAR: Pending Home Sales Down For Eighth Consecutive Month
After reporting last week that existing-home sales for February were down about 0.4%, compared to January, and down about 7.1% compared to February...
Despite Investor Demand, Few Second-Lien Mortgages Offered For Sale
A report from MountainView Capital Group shows that despite strong demand from investors, very few home equity loans and reverse mortgages were offered...
MBA: Refinance Volume Reaches Lowest Level Since April 2010
Mortgage application volume dropped 3.5% last week, on a seasonally adjusted basis, compared to the week prior, according to the Mortgage Bankers Association's...
Bank of America Settles With FHFA For $9.3 Billion
Bank of America has agreed to pay $9.3 billion to the Federal Housing Finance Agency (FHFA) to settle claims that it sold faulty...
That Was Quick: CoreLogic Closes Acquisition Of DataQuick
Following Monday's news that CoreLogic had reached an agreement with the Federal Trade Commission (FTC) regarding its acquisition of DataQuick, the company on...
CoreLogic’s Plan To Acquire DataQuick Clears Major Hurdle
CoreLogic's plan to acquire DataQuick for around $661 million overcame a major hurdle Monday after CoreLogic agreed to resolve objections from the Federal...
DeMarco Stepping Down From Deputy Director Role At FHFA
Edward J. DeMarco, former interim director at the Federal Housing Finance Agency (FHFA), is reportedly stepping down from his current role as deputy...
S&P/Case-Shiller: Home Prices Near Frozen In January
U.S. home prices inched up by only 0.1% in January compared to December and, in fact, actually went down in some markets, according...
February New Home Sales Lagged Slightly Behind Forecasts
Sales of new single-family houses in February were at a seasonally adjusted annual rate of 440,000 - about 3.3% below the revised January...
Black Knight: Home Prices Stayed Relatively Flat In January
U.S. home prices remained relatively flat during January, compared to December, but were up about 8% compared to January 2013, according to Black...
Teraverde Financial Creates Four New Business Units
Teraverde Financial, a national consulting firm in the banking and financial industries, has formed four new business units: Teraverde Management Advisors, Teraverde Mortgage...
Zillow Creates Mortgage Pre-Approval Tool For Home Shoppers
Zillow Inc., an online real estate marketplace, has launched the Mortgage Pre-Approval tool, which enables home shoppers on Zillow to get pre-approved for...
Agencies Issue Proposed Rule On Minimum Requirements For AMCs
The Office of the Comptroller of the Currency (OCC) and five other agencies are seeking public comment on a proposed rule that would...
Freddie Mac: Job Growth, Purchase Market Will Go Hand In Hand
Despite rising mortgage rates and house prices, home sales will continue to increase this year as the labor market tightens and wages grow,...
Couples Want Independence When It Comes To Their Bank Account
Of individuals in relationships who have joint bank accounts with their significant other, 42% also maintain an individual account - but these decisions...