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Sales of existing homes in Northwest Indiana jumped more than 13% in August compared to a year ago, while nationally sales were nearly even as supply remained tight and prices rose.
Last month's home sales reflected a strong seller's market in the Dayton, Ohio, area as sales of existing homes and condos reached the second-highest level in five years, based on numbers released by the local board of Realtors.
The granular data and quick decisions that can help field a winning fantasy football team have a lot in common with the analytics tools that mortgage lenders use to monitor and evaluate their operations.
The number of unique individuals holding state mortgage licenses has risen 7.5% from one year ago, according to the Nationwide Multistate Licensing System.
Mortgage fraud rose nationwide as Florida continued its reign as the state with the highest overall risk for unscrupulous activity, according to CoreLogic.
It may take several years, but the Rural Housing Service is on a path to modernize its single-family program and give lenders more responsibility for approving and closing loans.
Mortgage loan officers keep an eye on the long game, but making a sale is more than the sale; ushering people through the biggest purchase of their lives requires the ability to maintain relationships over time.
Mortgage rates ticked down slightly from last week's post-Brexit high in anticipation of the Federal Open Market Committee meeting, according to Freddie Mac.
The median price of a Marin County, Calif., was almost $1.1 million last month, up 14% from the previous August, a real estate information service reported.
Lennar Corp. agreed to buy WCI Communities Inc. in a deal that values the Florida real estate company at about $643 million.
Sales of previously owned homes unexpectedly declined to a six-month low in August, signaling buyers are getting discouraged by a lack of properties to choose from.
Dallas-Fort Worth home prices are rising at more than twice the nationwide rate.
The mortgage industry is failing communities of color by not providing adequate access to conventional loan products, calling into question the future of the housing market and the nation's ability to turn the tide of rising wealth inequality.
Citigroup is shopping $540 million of bonds backed by a portfolio of 102 self-storage facilities.
Federal Reserve Chair Janet Yellen pushed back against the notion that banks might be "too big to manage," saying that despite concerns raised by the recent scandal at Wells Fargo, there is no inherent reason why large banks cannot meet existing standards of conduct.
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