Jan. 8 Webinar Focuses On National Mortgage Database
The law firm Ballard Spahr LLP is offering a free webinar on Jan. 8 that will focus on the proposed National Mortgage Database....
Construction Spending Slightly Down In November
The U.S. Census Bureau has announced that construction spending during November 2012 was estimated at a seasonally adjusted annual rate of $866 billion,...
Veros: Housing Is In ‘Full Recovery’
Santa Ana, Calif.-based Veros Real Estate Solutions is kicking off 2013 with good news: The company reports that its quarterly housing forecast shows...
China Home Prices Forecast To Rise 105% By 2025
The average home price in China is forecast to rise to $1,640 per square meter by 2025, according to a new forecast issued...
Northstar Acquires Warehouse Lender
Northstar Bank of Texas, a state chartered banking association headquartered in Denton, Texas, has acquired controlling interest in Goldome Financial Inc., a mortgage...
Kentucky First Federal Completes CKF Acquisition
Kentucky First Federal Bancorp, the Hazard, Ky.-based holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank...
Fiscal Cliff Legislation Extends Mortgage Cancellation Relief
The fiscal cliff crisis was averted on New Year's Day, and the compromise legislation that passed both houses of Congress included several provisions...
New Year, New HMDA Threshold Rule
The Consumer Financial Protection Bureau (CFPB) has issued a final rule adjusting the asset-size exemption threshold for banks, savings associations and credit unions...
Walter Investment Acquires Reverse Mortgage Lender
Tampa, Fla.-based Walter Investment Management Corp. has announced a definitive agreement to acquire 100% of the stock of San Diego-based reverse mortgage originator...
Senate Confirms Galante As FHA Commissioner
The U.S. Senate has confirmed Carol J. Galante to become the next commissioner of the Federal Housing Administration (FHA). The Senate voted 69-24,...
Pending Home Sales Up In November
Pending home sales increased in November for the third straight month and reached the highest level in two-and-a-half years, according to the National...
House Ethics Committee Drops Countrywide Probe
The House Ethics Committee has dropped its probe of allegations that Countrywide Financial Corp. sought to peddle influence on Capitol Hill through its...
UAE Caps Mortgage Lending For Expatriates
The Central Bank of the United Arab Emirates (UAE) has directed the nation's financial institutions to cap mortgage lending for expatriates at 50%...
Timothy M. Warren, Financial Publisher, Dies At 89
Timothy M. Warren, board chairman of The Warren Group and former publisher of the trade magazine Banker & Tradesman, passed away on Dec....
Idaho Mortgage Broker Charged With $24M Fraud
The Idaho Department of Finance has filed a civil complaint against a local mortgage broker for allegedly defrauding investors of $24 million. Stephen...
America To Honey Boo Boo: Stay Out Of Our Neighborhood!
Would you like to live next door to Honey Boo Boo and her family? Well, consider yourself to be in a very lonely...
U.K. Mortgage Approvals Up In November
Mortgage approvals in the U.K. rose in November to their highest level since January, signaling a possible stabilization of the nation's tumultuous housing...
GOP Announces House Financial Services Committee Leadership
Rep. Jeb Hensarling, R-Texas, the chairman-elect of the House Financial Services Committee, has announced the committee's Republican leadership for the 113th Congress. California...
Single-Family Home Sales Up 4.4% In November
Sales of new single-family houses in November were at a seasonally adjusted annual rate of 377,000, according to estimates released jointly today by...
CDFI Fund Plans $165M Funding For FY 2013
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) is expecting to provide up to $165 million in financial...