The seasonally adjusted annual rate of Canadian housing starts jumped to 186,300, suggesting an upward trend. Both single-family and multifamily starts during the month saw increases similar to December's, according to Bob Dugan, chief economist at Canada Mortgage and Housing Corp. Final actual starts figures that came in for 2009 also suggested a trend toward recovery, according to the CMHC.
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Attom expanded its artificial intelligence platform, eLend partnered with Ready4Remodel to increase renovation financing and Keller Williams teamed up with Rejig.ai.
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Several lawsuits filed this year have painted the shared appreciation agreements as misleading, and suggest they should be treated as mortgage loans.
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A series of tornadoes and severe hailstorms across the Central U.S. turned Midwestern states into claims hotspots in the second quarter, according to Verisk.
September 22 -
The Federal Housing Administration's proposed changes to property standards could open up origination opportunities for lenders comfortable with the updates.
September 22 -
Zillow said the filing doesn't address any of the issues highlighted in the previous dismissal, and asked the court to dismiss the new complaint with prejudice.
September 22 -
Almost all five A1 tranches benefit from credit enhancement levels of 26.10%. The A1A tranche, however, has a credit enhancement level of 36.10%.
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