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Greater scrutiny of nonsolicitation clauses and a higher burden for poaching lawsuits is expected, a handful of attorneys said.
January 18 -
The latest month's volume was more than $20 billion lower than in March 2020.
January 17 -
Issuances decreased over 10% annually, while at the same time, builders are still seeing shortages of many materials, according to the National Association of Home Builders.
January 17 -
Single-family property values during the year's final three months rose 9.2% year-over-year, but that bump fell below the 13.1% annual rise in the prior quarter.
January 17 -
The value of New York City's 1.1 million properties is projected to rise 6.1% for the next fiscal year, boosted by single-family home prices.
January 17 -
One product aims to make it easier to customize connections with consumers, another helps with vendor management and a third helps size up collateral.
January 17 -
Higher conforming loan limits for Fannie and Freddie, a review of the FHLB system and revised multifamily lending goals are among the recent FHFA developments.
January 17 -
Signature Bank of New York is pulling back from crypto deposits and has increased borrowings from the Federal Home Loan Bank of New York.
January 17 -
While mortgage and real estate startups currently face a challenging environment in seeking investors, some companies are finding venture capital.
January 17 -
The most attractive cities this year count more homes selling under their listing price rather than over it.
January 17 -
The survey period runs through Feb. 24, so don't dally!
January 16 -
High inflation, rising interest rates and increased economic uncertainty may be telegraphing a further slowdown in U.S. new household formation during the closing months of 2022.
January 16 -
The department wants to make changes to its reconsideration of value process by giving Federal Housing Administration borrowers the opportunity to seek a second appraisal
January 13 -
Analysts questioned whether the reductions could have a negative impact in terms of scale, but executives said the move has financial advantages — more so than its correspondent exit.
January 13 -
Three-quarters of bank financial officers said they would very likely turn to Federal Home Loan bank advances to boost falling reserve balances. The top priority was to meet liquidity requirements set in stress tests.
January 13 -
Marianne Sullivan will be charged with overseeing the start of the second phase in a multi-year plan to develop cloud native technology at the servicing software company.
January 13 -
The measure enacted on Dec. 30, 2022 applies retroactively and could add servicing risks that lending divisions will likely consider in underwriting and pricing on new loans originated in the state.
January 13 -
A former branch manager allegedly directed 15 loans worth $7 million to the Ohio-based adversary during a three-month period.
January 13 -
The majority of the positions impacted at the lending arm of real estate firm Keller Williams were related to loan processing, according to a company spokesperson.
January 13 -
A month after the National Community Reinvestment Coalition blasted KeyBank's mortgage lending record to Black borrowers, the group said it will send letters to the Federal Reserve and OCC about its findings.
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