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San Diego home prices will decrease 1.3% in the next 12 months, much less than other parts of the nation.
July 10 -
Nationwide lockdowns forced banks to close brick and mortar outlets and rely heavily on drive up windows, mobile and online access. BBVA has proven that even in the middle of crisis and chaos, retail still fits into the banks overall strategy.
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Fercho will join Wells Fargo in August and report to Mike Weinbach, the bank's CEO of consumer lending.
July 9 -
Nearly a decade of growth in home prices in the Sarasota-Manatee, Fla., region could be coming to an end.
July 9 -
Property owners are taking a wait-and-see approach, possibly because of economic uncertainty.
July 9 -
The high court ruled June 29 that the structure of the Consumer Financial Protection Bureau violated the separation of powers.
July 9 -
The current refinancing boom might seem like the worst time to buy leads, but for some, it may be the best.
July 9 -
As the coronavirus created uncertainty for the housing market, underwriting standards tightened further in June.
July 9 -
Mortgage rates continued their slide, with the conforming 30-year fixed at its closest point ever to breaching the 3% mark, according to Freddie Mac.
July 9 -
The lending giant's filing reveals what the company's internal structure will look like going forward.
July 8 -
While very low inventory prevented a full market recovery, pricier home listings only trail year-ago totals by 9.2%, according to Zillow.
July 8 -
The single-borrower deal, sponsored by Brookfield, was pulled in the spring due to market conditions that halted most securitizations at the onset of the COVID-19 outbreak.
July 8 -
For the first time in three weeks, mortgage application volume increased, this time by 2.2%, as purchase activity was up in a holiday-shortened week, according to the Mortgage Bankers Association.
July 8 -
A bond market once thought to be key to the futures of Fannie Mae and Freddie Mac — and the roughly $5 trillion of home loans they backstop — could instead find itself on the scrap heap due to their own regulator.
July 8 -
A Detroit-based company, which owns Rocket Mortgage and Quicken Loans, listed the size of its upcoming offering in filing as $100 million, a placeholder amount that will likely change.
July 7 -
The number of loans going into coronavirus-related forbearance dropped for the third consecutive week, as the growth rate fell 8 basis points between June 22 and June 28, according to the Mortgage Bankers Association.
July 7 -
The agency sought to provide certainty that most actions from the past eight years remain in effect despite the ruling that the bureau's leadership structure is unconstitutional.
July 7 -
Reps called the offer "opportunistic" and said it did not address regulatory concerns regarding overlaps with Bill Foley's other businesses, Fidelity and Black Knight.
July 7 -
The court struck down a 2015 update to the Telephone Consumer Protection Act, which permitted robocalls to cellphones for government-related debt collection.
July 6 -
Guarantee fees became the main source of revenue for government-sponsored enterprises during conservatorship, and reverting to a private stockholder model could create a need for more revenue.
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