-
Home-renovation loans to add features such as offices and pools could be one source of lending as credit unions struggle with overall sluggish loan demand.
July 24 -
The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices.
July 23 -
JPMorgan Chase Asset and Wealth Management Private Bank is pooling over 400 seasoned mortgage loans from its high-net worth clients. The loans are considered low-risk, but were not tested against CFPB qualified-mortgage standards.
July 23 -
Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area.
July 23 -
The returns on investment for homes sold in the second quarter of 2020 reached the highest level since the housing bubble collapsed, according to Attom Data Solutions.
July 23 -
Other moves it is undertaking include business divestitures and increased dividends while defending against a takeover attempt.
July 23 -
After two months of steep drops, home sales leveled off in the Sarasota-Manatee, Fla., region in June.
July 23 -
Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.
July 23 -
The mortgage REIT's external manager responded by filing a new lawsuit against it, calling the move "baseless and retaliatory."
July 23 -
Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations.
July 23 -
Many commercial property owners are locked out of existing coronavirus relief by financing terms that bar them from taking new loans. Under a House bill, they would receive government-backed equity investments.
July 22 -
COVID-19 could not stop the upward pressure on home prices in San Diego County which reached a new high of $600,250 in June.
July 22 -
Other regionals set more aside for loan losses than the Cleveland bank did in the second quarter, and its ratio of reserves to total loans is slightly lower, too. But Key executives say the portfolio is balanced and holding up well despite the pandemic’s economic toll.
July 22 -
The company lost $8.9 million in the second quarter, but its origination and servicing businesses were profitable.
July 22 -
With coronavirus moratoriums still in place, foreclosures fell to the lowest level since at least 2000, while serious delinquencies ballooned by 1.2 million in June, according to Black Knight.
July 22 -
Home sale prices are up while sales numbers are way down in metro Detroit's real estate market, which has yet to experience any collapse in values from the coronavirus-caused recession.
July 22 -
Delinquencies have been ticking up since the start of the coronavirus pandemic and Capital One is warning of more pain unless the government provides additional relief to tenants and landlords.
July 22 -
Fannie Mae and Freddie Mac have imposed heavy price adjustments for loans that were granted relief under the pandemic relief law enacted in March.
July 22 -
The new normal created by the events so far in 2020 could make this the best year ever for lenders.
July 22
Paragon Digital Marketing Group -
Sales of previously owned homes rose in June for the first time in four months as the economy reopened more broadly from coronavirus-related shutdowns and buyers took advantage of record-low mortgage rates.
July 22
























