Florida Single-Family Home Sales Up 5.3 Percent In June
Closed sales of existing single-family homes in Florida totaled 18,800 in June, up 5.3% compared to the year-ago figure, according to data from...
San Francisco Bay Area Home Prices Near Four-Year High
The median price paid for a San Francisco Bay Area home in June jumped to its highest level in almost four years, according...
Freddie Mac: Another Week Of Record-Low Mortgage Rates
The average 30-year and 15-year fixed-rate mortgages (FRMs) continue to hit all-time record lows, along with the five-year adjustable-rate mortgage (ARM), according to...
Bernanke: Fed Audit Will Create ‘Nightmare Scenario’
Federal Reserve Chairman Ben Bernanke has condemned legislation proposed by Rep. Ron Paul, R-Texas, to audit the Federal Reserve, calling it a 'nightmare...
NAR: Home Sales Declined In June
Total existing-home sales in June declined 5.4% to a seasonally adjusted annual rate of 4.37 million from an upwardly revised 4.62 million in...
Housing Starts Up In June
Privately owned housing starts in June were at a seasonally adjusted annual rate of 760,000 - 6.9% above the revised May estimate of...
RE/MAX: Median Home Sale Prices Up In June
The median sales price of homes sold in June was $170,067, up 2.5% from May and a 3.7% increase from June 2011, according...
MBA: Record-Low Mortgage Rates Spark Refinance Surge
Refinance activity has taken a dramatic leap skyward, according to the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the week ending...
Bank Of America Settles Syncora Lawsuit
Bank of America Corp. will pay $375 million to settle a lawsuit that charged the bank's Countrywide Financial unit misrepresented the mortgage-backed securities...
Builder Confidence Hits New High
Builder confidence in the market for newly built, single-family homes rose six points to 35 on the National Association of Home Builders (NAHB)/Wells...
LPS: Home Prices Up 2.5% During First Four Months Of 2012
Home prices saw a 2.5% increase during the first four months of this year, according to new data from Jacksonville, Fla.-based Lender Processing...
Realtor Data Shows Strength In California Housing Market
California's housing market continued to show signs of improvement in June, as home sales experienced solid gains annually and home prices reached their...
CDFI Fund Releases 2012 Notice Of Allocation Availability
The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) has released its 2012 Notice of Allocation Availability (NOAA), which...
Facebook’s Zuckerberg Paying 1.05% Rate On $5.95M Mortgage
Attention, class warfare enthusiasts: one of the world's richest men is paying one of the lowest rates for the refinanced mortgage on his...
Canadian Luxury Residences Enjoyed Strong First-Half 2012 Sales
Sales of Canadian homes worth over C$1 million showed a steady upward trend in the first half of this year, with Toronto, Calgary...
CFPB To Begin Supervising Credit Bureaus
The Consumer Financial Protection Bureau (CFPB) is expected to announce that it will begin supervising the nation's credit bureaus later this year. The...
HUD Settles Anti-Hispanic Bias Charges With Alabama Development
The U.S. Department of Housing and Urban Development (HUD) has reached an agreement with Chilton Associates Ltd., owner of Peachtree Apartments in Clanton,...
Wolters Kluwer Financial Services Acquires FinArch
Minneapolis-based Wolters Kluwer Financial Services has acquired FinArch, a Belgium-headquartered provider of integrated finance, risk and performance measurement solutions that enable financial institutions...
Missouri Community Bank Is Shut Down
Glasgow Savings Bank, based in Glasgow, Mo., was closed by the Missouri Division of Finance. The Federal Deposit Insurance Corp. (FDIC), which was...
Auction.com Names Monte Koch Co-CEO
Auction.com has announced that Monte Koch, a founding partner and board member, will take on the additional role of co-CEO. Koch, who has...