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Home prices rose almost 1% in July following a 1.2% increase in June, according to the new Standard & Poor's/Case-Shiller house price index.
September 27 -
The hiring situation in the mortgage business has been dismal. Total employment has fallen from a high of more than 500,000 at the top of the market to less than half of that currently.
September 26 -
For the last two years, commercial real estate price indices have been fluctuating and it does not appear any recovery is going to happen soon, Moody's said in its weekly credit outlook report.
September 26 -
New homes sold at an annualized rate of just 295,000 units in August, the worst reading in six months, according to new government figures released Monday morning.
September 26 -
Ranieri Real Estate Partners and private equity funds affiliated with WL Ross & Co. have agreed to acquire Deutsche Bank Berkshire Mortgage today.
September 26 -
Certain types of automation are increasingly central to most branching strategies these days. This is true not only in terms of managing branches within the company, but also in terms of interactions with external business partners that are part of the loan-making process.
September 26 -
The idea for this series came to me several months ago and since then, it seems as if everywhere I turn, the theme of "serving," "making a difference" or "contribution" has shown up in my life. Books, blogs, magazines, speakers at conferences…my reticular activator has been on alert.
September 26 -
The Consumer Financial Protection Bureau plans to redesign the HUD-1 settlement sheet after it completes a final round of public comments on the good faith estimate form next month, according to agency assistant director Patricia McCoy.
September 26 -
Citigroup Inc.'s Vikram Pandit said Friday it may be time for the U.S. to follow other nation's lead and start approaching consumer lending as a corporate finance issue.
September 26 -
Freddie Mac purchased $28 billion of mortgages from its seller/servicers in August, a 33% spike from the prior month, and a clear sign that originations are picking up in the primary market.
September 26




