Canada Housing Starts Down In November
Housing starts in Canada were trending at 214,680 units in November, according to Canada Mortgage and Housing Corp. (CMHC), continuing a downward trend....
Morici: Scrap The Mortgage Interest Deduction
One of the most prominent U.S. economists is proposing that the fiscal cliff negotiators send a 'sacred cow' of the tax code, the...
Global DMS Hosting Valuation Webinar
Global DMS, a provider of valuation management software, is presenting a free webinar on Dec. 12 at 2:00 p.m. Eastern that will address...
Fannie Mae: Attitudes On Housing Continue To Improve
According to Fannie Mae's November 2012 National Housing Survey, Americans are showing 'increased confidence in the housing market and the direction of the...
StreetLinks Takes Deeper Dive Into Collateral Valuation Technology
StreetLinks Lender Solutions LLC has debuted its suite of Quality Examination (QX) collateral review products and established its new automated examination and valuation...
Number of Improving Housing Markets Surges To 201
The number of housing markets considered 'improving' according to parameters established by the National Association of Home Builders (NAHB)/First American Improving Markets Index...
Donovan Tries To Assure Congress Of FHA Viability
The head of the U.S. Department of Housing and Urban Development (HUD) has stated that the challenges facing the Federal Housing Administration (FHA)...
CFPB And DOJ To Coordinate Fair Lending Enforcement
The U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) have signed an agreement to strengthen coordination on fair lending...
Deutsche Bank: $7.4B In Private-Label Issuances This Year
A new report from Deutsche Bank AG has found that U.S. securitization issuances that were not backed by the federal government more than...
AIG Shakes Up United Guaranty Leadership
Donna DeMaio has been promoted from chief operating officer (COO) to CEO of United Guaranty, a subsidiary of American International Group Inc. (AIG)....
Waters Named Top Democrat On Financial Services Committee
The House Democratic Caucus unanimously selected Rep. Maxine Waters, D-Calif., as the ranking Democrat on the House Financial Services Committee. TheHill.com reports that...
Mortgage Applications, Refi Activity Up Last Week
Both mortgage applications and refinance activity picked up last week, according to the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the...
Solera National Bank Debuts Residential Loan Division
Lakewood, Colo.-based Solera National Bank has launched a residential mortgage division. According to the bank, the new division will consist of 40 mortgage...
Elizabeth Warren To Join Senate Banking Committee
Elizabeth Warren will be returning to the Senate Banking Committee, but this time she will be asking the questions. According to reports in...
New Alliance Reshapes Mexican Housing Industry
Servicios Corporativos Javer S.A.P.I. de C.V., one of the largest privately owned housing development companies in Mexico, and Empresas ICA S.A.B. de C.V.,...
Indian Company Acquires Digital Risk
Digital Risk, the New York-based provider of mortgage risk, compliance and transaction management solutions, has entered into a definitive agreement to be acquired...
Equifax Announces $1 Billion Purchase Of CSC Credit Services
Atlanta-based Equifax Inc. has announced that its subsidiary, Equifax Information Services LLC, has entered into a definitive asset purchase agreement with CSC Credit...
Construction Spending Up In October
The U.S. Census Bureau has announced that construction spending during October was estimated at a seasonally adjusted annual rate of $872.1 billion, which...
Survey Finds Consumers Would Shop At Walmart For Mortgages
Call it a sign of the times: a new survey reveals that one in three Americans would consider obtaining a mortgage from Walmart...
Former Intel Chief Predicts Cyber Equivalent Of 9/11 Attacks
A former U.S. intelligence chief is warning that the financial services industry is facing the 'cyber equivalent of the World Trade Center attack.'...