CFPB Extends Mortgage Disclosure Timeline
The Consumer Financial Protection Bureau (CFPB) has announced that it will give the financial services industry extra time to provide certain new disclosures...
Freddie Mac Unit Launches Winter Sales Promotion
HomeSteps, the real estate sales division of Freddie Mac, has launched a special winter sales promotion for selling and listing agents who sell...
CFPB Launches Initiative To Connect With ‘Innovators’
The Consumer Financial Protection Bureau (CFPB) has announced the launch of Project Catalyst, an initiative designed to encourage consumer-friendly innovation and entrepreneurship in...
Carrington Creates Network For Real Estate Brokerages
Santa Ana, Calif.-based Carrington Property Services LLC has launched the Carrington Property Network (CPN), an exclusive national network of leading residential real estate...
RE/MAX: October Home Sales Up 5.4%
October's home sales were up 5.4% from September and up 17.8% from a year ago, according to new data from RE/MAX. October's figures...
HUD: FHA Will Not Require A Treasury Draw
The Federal Housing Administration's (FHA) Mutual Mortgage Insurance (MMI) Fund fell below zero to -1.44%, representing a negative economic value of $16.3 billion....
N.J. Rep. Calls For Federal Purchase Of Homes In Storm-Prone Areas
A New Jersey congressman has called on the federal government to purchase homes that are likely to be in the path of destructive...
J.D. Power: More Customers Satisfied With Mortgage Lenders
Overall customer satisfaction with mortgage lenders has reached its highest level in the past six years, according to the J.D. Power and Associates...
Fed Gov. Raskin To Chair NeighborWorks’ Board
NeighborWorks America has named Federal Reserve Governor Sarah Bloom Raskin as chairwoman of its board of directors. Raskin, who succeeds Christiane Gigi Hyland,...
Home Depot CEO: Housing Market Is Recovering
The head of the world's largest home-improvement retail chain has seen the future, and it includes the recovery of the U.S. housing market....
Southern California Home Sales Up Sharply In October
Southern California home sales experienced a strong increase in October, according to new research released by San Diego-based DataQuick. DataQuick reports that a...
New Malware Threat Disrupts Online Transactions
Just when you thought it was safe to go online: a new malware threat designed to disrupt online financial transactions has been identified....
Mortgage Applications, Refi Activity Up Last Week
Both mortgage applications and refinance activity increased for the week ending Nov. 9, according to Mortgage Bankers Association's (MBA) weekly mortgage applications survey....
CBA Seeks Nominees For Joe Belew Award
The Consumer Bankers Association (CBA) is seeking nominations for its third annual Joe Belew Award competition. The award, which is named after former...
WFG Acquires Investors Title
Portland, Ore.-based Williston Financial Group (WFG), has acquired ITC Holdings Inc., the parent company of Glendale, Calif.-based Investors Title Co. Investors Title operates...
Fewer Californians Can Afford Single-Family Housing
The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California fell to 49% in the third...
Raj Date To Exit CFPB In January
Raj Date, the second highest official at the Consumer Financial Protection Bureau (CFPB), is planning to leave the agency at the end of...
$147K AHP Grant For Mississippi Home Buyers
The Federal Home Loan Bank of Dallas (FHLB Dallas) and BancorpSouth have awarded a $147,000 Affordable Housing Program (AHP) grant to the University...
AIG CEO: Hello, Mortgage Banking!
The CEO of American International Group Inc. (AIG) has previewed his company's future: expand into mortgage banking while jettisoning its savings and loan...
Regulators Indefinitely Delay Basel III Capital Rules
The U.S. federal banking agencies, citing concern raised by financial services industry leaders over the impact of the Basel III requirements, have announced...