Foreign Home Buying Drops in California as China Slowdown Seen
International buyers are accounting for the smallest share of California home sales in at least eight years as prices climb and investors from China, the biggest source of foreign purchases, slow buying.
LoanDepot Seeks to Raise Up to $100M from IPO
LoanDepot in Irvine, Calif., seeks to raise up to $100 million in an initial public offering.
People Movers of the Week: Oct. 9
Mortgage professional hiring and new job appointments for the week ending Oct. 9.
Why CMBS Investors Are Up in Arms Over Prudential Plaza Loan
The inclusion of a loan secured by Chicago's Prudential Plaza in a recent CMBS is causing a stir.
Location and Salary Impact Home Affordability: Zillow
In Bakersfield, Calif., a teacher on an average salary can afford 86% of the homes on the market. In Salt Lake City, that number drops down to only 26%.
Tribune Tower Is For sale
Tribune Tower, the historic Michigan Avenue home of the Chicago Tribune, is for sale.
More Development on the Way in Baltimore
The number of apartments in Southeast Baltimore's Brewers Hill could nearly double to more than 1,500, under a plan that received approval from the Planning Commission.
CFPB Puts Writing on Wall for Marketing Agreements
The Consumer Financial Protection Bureau warned lenders Thursday to avoid marketing services agreements where payment for advertising is really just disguising kickbacks.
Clayton Holdings to Buy ValuAmerica Title Agency
Clayton Holdings in Shelton, Conn., has agreed to buy ValuAmerica, a settlement services provider headquartered in Pittsburgh.
Mortgage Rates Decline on Jobs Report: Freddie Mac
A weak jobs report was enough to send mortgage rates into a downward spiral, according to Freddie Mac's Primary Mortgage Market Survey for the week ending Oct. 8.
Affordable Housing Part of Oakland's Alameda Point Development
The construction of affordable housing will be part of the first phase of the $500 million project to redevelop 68 acres of waterfront property at Alameda Point with a mix of homes and businesses, the Planning Board will hear.
How Analyzing Post-Closing Data Can Refine Lenders' Prefunding QC
Investor expectations for preparing real estate owned properties for conveyance vary wildly and demand a tailored approach from servicers.
Median Home Prices Continue to Rise in Lake Tahoe Market
The median price for a home in the high-end Lake Tahoe real estate market continued to climb in this year's third quarter, according to Nevada-based Chase International Real Estate.
House Passes Bill to Delay Enforcement of New Mortgage Disclosures
The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.
Consumer Confidence in Housing Market Rose in September
Consumer confidence in the housing market rose in September, after dipping in the summer, according to a new Fannie Mae report.