Total existing-home sales (including condominiums and co-operatives) fell only slightly in the second quarter from their record pace in the first quarter, registering a seasonally adjusted annual rate of 6.69 million units, according to the National Association of Realtors.The second-quarter resales rate was 5.8% higher than the 6.32 million rate of a year earlier, the NAR reported. The biggest year-over-year gains were recorded in Nevada, where the resale rate was up 24.6%; Alaska, up 20.9%; and Missouri, up 17.5%.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
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The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
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The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
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A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
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