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Almost 36% of all U.S. new homes sold in May werent yet under construction, close to a seven-year high and signaling sustained strength in homebuilding as companies try to catch up.
July 2 -
There has not been a great deal of buzz surrounding the CFPB complaint database thus far, but servicers could gain valuable perspective simply by understanding the process.
July 2
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In the circles in which I travel, discussions related to the Consumer Financial Protection Bureau have not been favorable.
July 2OpenClose -
We're hearing that the days of 30-year fixed mortgage rates below 4% may be over.
July 2
National Mortgage News -
Ballard Spahrs long-term expansion goals have now led to the creation of Ballard Spahr Stillman & Friedman in New York.
July 2 -
The employment contract of L. Stephen Smith as chief executive, president and chief operating officer of The PMI Group Inc. expired on June 30 and was not renewed.
July 2 -
The Federal Reserve Board has ditched a stringent and complex Basel III risk-based capital rule for residential mortgages and decided to leave the current risk weights in place for all banks.
July 2 -
Walker & Dunlop has entered into an amended and restated warehouse credit agreement with PNC Bank that ups its existing $450 million facility to $650 million.
July 2 -
Denmark is warning that the worlds biggest mortgage market per capita is again under threat from a proposal by the Basel Committee on Banking Supervision.
July 2 -
Stonegate Mortgage Corp. plans to conduct a registered initial public offering of its common stock.
July 2


