It has been a tough year so far for Morgan Stanley. So the news that the investment banking firm’s net income rose substantially and beat expectations came as welcome news.
Read More »Americans Favor Real Estate as a Long-Term Investment
Americans with money to set aside that they do not plan on using for the next 10 years would rather invest in real estate than any other type of investment, according to a recent survey.
Read More »Westcor Land Title Appoints New COO
Westcor Land Title Insurance Company has announced the promotion of EVP/Director of Agency Scott Chandler to the position of Chief Operating Officer effective immediately.
Read More »FHA to Insure Mortgages with Clean Energy Assessments
The Federal Housing Administration announced it will insure mortgages on some properties that include Property Assessed Clean Energy (PACE) assessments.
Read More »Goldman Sachs Profits: A Tale of Two Quarters
The first and second quarters of 2016 told two different stories for Goldman Sachs as far as earnings and overall business operations.
Read More »Blackstone Plans to Go Public with Invitation Homes
Investment firm Blackstone Group LP plans to go public with its Invitation Homes unit sometime during the first half of 2017, according to a report from Bloomberg.
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »Should Regulations Get Tougher for Wall Street?
In the midst of a heated debate in Congress where Republicans are trying to replace Dodd-Frank with a proposal of their own, a poll showed bi-partisan support for greater financial accountability and tougher regulation.
Read More »Builders Battle Shortages But Brighter Days May be Ahead
Builder confidence was down slightly in July—but improved economic fundamentals may bring steady housing market growth later in the year.
Read More »Bank of America: Mortgage Production Up, Profits Down
Mortgage production was up for Bank of America in Q2 despite a drop in mortgage income during the quarter as well as a substantial overall drop in profits.
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