Those that are preparing to enter into retirement are expected to alter the housing market in four major ways, according to a new report.
Read More »Real Estate is Hot in These 10 Markets
Pent-up demand and low mortgage rates are causing homes to sell fastest in Vallejo, California and in nine other markets in the U.S., according to new data from Realtor.com.
Read More »A Common Vision at Chase Bank
A new Chase Bank is on the horizon. We sat down with the man leading the charge. Editor's note: This select print feature appears in the June 2016 edition of MReport magazine.
Read More »The Week Ahead: Great Expectations for Construction Spending
Construction spending bounced back in March after experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry. Now, the industry is awaiting the new spending numbers to see if those previous gains spilled into April.
Read More »Why is Originator Profitability Muted?
Although interest rates have been at historical lows, they have been highly responsive to the general level of interest rates, causing originators' profits to suffer.
Read More »How Lack of Smarter Logic Cuts Into Lender Profits
Lenders have various loan origination system (LOS) choices available today to ensure that their operations run smoothly, but choosing the right one can be trickier than it seems. Editor's note: This select print feature appears in the May 2016 edition of MReport magazine.
Read More »GDP Adds Fuel to the Fed’s Fire
The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.
Read More »The Relationship Between Buying Power and Prices
U.S. home prices are high and are still rising, but the price picture looks a bit different when consumer buying power is brought into the equation. First American Financial Corporation's inaugural Real House Price Index, provides a new take on the way the industry view home prices.
Read More »OCC Frees Wells Fargo from Servicing Restrictions
The OCC terminated the servicing-related consent order against Wells Fargo, but at the same time issued a civil penalty to the bank.
Read More »Bank of America’s ‘Hustle’ Whistleblower Retains Reward
Bank of America's $1.27 billion penalty in the "Hustle" case has been overturned. Why does the former Countrywide exec who blew the whistle get to keep the reward money?
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