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Contract closings increased 4.8% to an annualized rate of 4.15 million in November, the most since March, according to data released Thursday by the National Association of Realtors.
December 19 -
Lawmakers asked the company's founder and CEO to provide details ranging from arrangements being made for former customers to his own executive compensation.
December 19 -
Habib, an often-accurate and frank forecaster bridging Main Street and Wall Street, explains why he found recent times to be challenging, but he's hopeful.
December 19 -
A Congressional Budget Office report updating one from four years ago finds 60% of its 250 scenarios will result in the Treasury getting fully repaid, up from 12%.
December 19 -
US new-home construction unexpectedly fell in November as a drop in multifamily projects mitigated a rebound in starts of single-family houses, solely in the storm-ravaged South.
December 18 -
Homeowners experiencing a death in the family, divorce or domestic violence complained of being strong-armed into costly refinances, facing long delays or simply not being helped.
December 18 -
For the third time in five years, the Office of the Comptroller of the Currency issued an enforcement action against the beleaguered bank. It bars USAA from adding new products or loosening its membership criteria without evaluating the risks of getting bigger.
December 18 -
Monetary policy officials greenlighted a 25 basis-point federal funds cut but mixed economic signals dimmed hopes for more affordable home financing costs.
December 18 -
Borrowers with new foreclosure filings also grew, but the number of loan modifications decreased, according to the Office of the Comptroller of the Currency.
December 18 -
Premium volume increased by 5.3% year-over-year, while operating income was up, but industry expenses also rose in the third quarter, the American Land Title Association said.
December 18 -
Releasing Fannie Mae and Freddie Mac from conservatorship without legislation is very high risk for the shareholders, writes the chairman of Whalen Global Advisors.
December 18
Whalen Global Advisors LLC -
After a legislative initiative on trigger leads was cut from a defense bill, the bipartisan Homebuyers' Privacy Protection Act passed the Senate and is now heading to the House.
December 18 -
Purchase activity was buoyed last week by conventional and Department of Veterans Affairs-backed loan activity.
December 18 -
Proposals to streamline U.S. banking regulators have resurfaced with the Trump administration's focus on efficiency, but experts and history suggest such changes are unlikely amid political and industry resistance.
December 18 -
These are just a few of the legal actions that will have implications for mortgage firms going forward.
December 18 -
Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.
December 18 -
American Forestry, a non-profit conservation group, partners with Travelers to promote proactive fire prevention methods for homeowners.
December 17 -
Six years after Pres. Trump signed Dodd-Frank reform, the Consumer Financial Protection Bureau issued rules bringing these loans under Truth-in-Lending.
December 17 -
The deal mitigates mortgage-pool risk with CLO credit strengths
December 17 -
Nonagency issuances are expected to increase 85% for this year over 2023, and rise another 36% in 2025, the second best since the financial crisis.
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