Zacks.com, the online unit of Zacks Investment Research Inc., Chicago, has reported that Starwood Hotels & Resorts Worldwide Inc. is one of the stocks included in its All Star Analyst portfolio.The portfolio includes all stocks with a Strong Buy rating from at least four analysts with a 5-Star All Star ranking, Zacks said. "There are several aspects about Starwood that analysts appreciate, including its investments in productivity enhancements such as customer relationship management, database management, and call center technology," the research firm said. In February, Zacks placed Starwood on its list of Stocks to Sell Now, citing Starwood's lowered earnings guidance. Zacks can be found online at http://www.zacks.com.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
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In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
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The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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