Sales of existing single-family homes in Illinois fell to 8,257 in November, down 2.0% from 8,424 a year earlier, according to the Illinois Association of Realtors.The statewide median sales price rose 4.1% to $167,900 from $161,300 a year earlier, the association said. "A dip in home sales in November is not surprising, given this time of year when the cold weather and holidays factor in," said John C. Kmiecik, president of the association. In the Chicago metropolitan statistical area, resales totaled 5,229 in November, down 0.4% from 5,250 a year earlier, and the median sales price was up 5.7%. The association can be found on the Web at http://www.illinoisrealtor.org.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
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The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
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