First-time buyer volume rose significantly in March 2016, driven by continued labor market improvements, riskier mortgage lending, and historically low mortgage rates.
Read More »Home Builders Proceed With Cautious Optimism
Confidence among home builders has held firm over the last few months, showing slow, but continued progression in the single-family sector. However, builders are still faced with concerns about labor and lot shortages.
Read More »ATR Rule Sends Borrower Claims Packing
Borrower claims appear to be fleeing the housing market two years after the Consumer Financial Protection Bureau introduced the Ability to Repay rule for mortgage servicers.
Read More »Morgan Stanley’s Profits Take a Massive Hit
According to the release of the investment banking firm’s Q1 earnings statement on Monday, citing market volatility during the first quarter, Morgan Stanley reported a net income decline of more than 50 percent year-over-year.
Read More »The Week Ahead: The Ripple Effect of the Housing Shortage
The continuous imbalance of extremely low inventory levels and soaring demand is creating a gap in the housing market. Existing-home sales have been in limbo since the start of the year mostly due to the lack of available housing options in market. Where will they fall this week?
Read More »Freedom Mortgage Resolves FHA Allegations
Freedom Mortgage Corp., is the latest company to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.
Read More »10 Real Estate Investment Hot Spots
New, healthy housing markets are emerging in the midst of continued improvement in the job market. Which markets present the most opportunity for investors?
Read More »The Silent Crisis Among Banks
Trouble is quietly brewing among the largest U.S. financial institutions. Recent earnings statements have shown a dip in profits due loan losses, increased reserves in the oil and gas sectors, and declines in investment banking revenue and profits.
Read More »Five Star Announces Formation of the SFRA
The Five Star Institute President and CEO, Ed Delgado, has announced the formation of the Single-Family Rental Association, a member-led conduit for connection and training in the growing single-family rental market.
Read More »Bank of America’s Q1 Earnings Take a Hit
It was a tough first quarter for Bank of America, as the bank experienced a year-over-year decline of 13 percent in net income.
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