Thursday, November 14, 2024

Residential Mortgage

UT Austin Reintroduces Real Estate Certification Program

The McCombs School of Business at The University of Texas at Austin has begun taking applications for its new Undergraduate Real Estate Certificate...

Fed’s Facebook Poll Finds Public Anger At QE3

It may not be the most scientific way to conduct a survey, but an informal poll conducted on a certain ubiquitous website suggests...

RE/MAX: Home Sales Up 2.5% In August

August home sales rose 2.5% higher than sales in July and were 8.5% higher than August 2011 sales, according to the latest National...

Survey: Loan Officers Cite Problems In Technology And Leadership

Technology and interoffice communications remain key areas for corporate improvement, according to the 2012 Loan Officer Core Business Components Survey released by Hammerhouse...

Survey Finds Women More Interested Than Men In Homeownership

A new survey determines that women are more concentrated on pursuing homeownership than men. According to TD Bank's home buyer poll, 64% of...

Alpine Mortgage Joins Inlanta Mortgage

Brookfield, Wis.-based Inlanta Mortgage has expanded into New England with Manchester, N.H.-based Alpine Mortgage LLC joining Inlanta. Scott Reid (pictured left), founder and...

Citigroup Executives Cited In Fraud Case Resign

Two Citigroup Inc. executives named by federal prosecutors in a mortgage insurance fraud case have resigned from their jobs. According to a Bloomberg...

Realtors: ‘Sensible Lending Standards’ Would Reanimate Housing

U.S. home sales - and, by extentsion, job creation - could be 'notably higher' if financial institutions could return to 'reasonably safe and...

Missouri Community Bank Is Shut Down

St. Louis-based Truman Bank has become the 42nd bank to fail this year. The Missouri Division of Finance closed Truman Bank and appointed...

Trade Groups Push CFPB For Broad QM Definition

A coalition of 10 financial services trade groups sent a letter to Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), that...

NCUA Provides Small Credit Unions With Free Laptops

In an effort to improve business efficiency while contributing to a greener business environment, the National Credit Union Administration (NCUA) has provided 14...

Federal Reserve, Citing Weak Economy, Bolsters Stimulus Efforts

The Federal Reserve, citing economic concerns, has announced a new round of stimulus efforts, including a new policy to purchase agency mortgage-backed securities...

Canadian New Housing Price Index Up Slightly In July

Canada's New Housing Price Index (NHPI) rose 0.1% in July, following a 0.2% increase in June, according to data released by Statistics Canada,...

MBA: Mortgage Applications Up 11.1% Last Week

Mortgage applications increased 11.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the...

Money In The Bank…Not!

More than one in four U.S. households are either unbanked or underbanked, according to the Federal Deposit Insurance Corp.'s (FDIC) newly released 2011...

House Overwhelmingly Passes FHA Fiscal Solvency Act

The House of Representatives offered a relatively rare display of bipartisanship in its 402-7 passage of the Federal Housing Administration (FHA) Fiscal Solvency...

Bankruptcy Court Extends ResCap Reorganization Filing To December

A bankruptcy judge has given Residential Capital LLC (ResCap) an extended deadline of Dec. 20 to complete the filing of its reorganization plan....

Prospect Mortgage Creates Housing Construction Division

Sherman Oaks-based Prospect Mortgage has launched a new division to finance new single-family and condominium homes across the country. The division supports homebuyers,...

Ghana Government Considers $170M Housing Plan For Civil Servants

May it never be said that the government of Ghana does not respect its civil servants, as plans have been presented in the...

Canadian Housing Starts Up In August

Housing starts in Canada were trending at 222,900 units in August, according to new data from Canada Mortgage and Housing Corp. (CMHC). The...