Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.
Read More »Home Price Declines on the Horizon for Energy-Dependent States
While home prices have consistently been on the rise for quite some time, this upward trend could come to a screeching halt over the next two years—especially in energy-producing states.
Read More »Interest Rate Hike Outlook for 2016
Remember the interest rate hike that occurred last month? Wondering what's next? Mark Hamrick, Senior Economic Analyst at Bankrate provides some insight on what to expect from the Federal Reserve in the new year and why this is likely to not be the entity's last move.
Read More »Presidential Hopeful Bernie Sanders Talks “Too-Big-To-Fail”
Democratic presidential candidate Bernie Sanders said in a speech Tuesday that Wall Street's entire business model is "fraud," but he has a plan to completely end the "too big to fail" among big banks. But that's no the only thing he had to say about Wall Street, read on to find out more.
Read More »Will Existing Home Sales Shake Back from November Slump?
Existing home sales suffered a major blow in November of 2015, falling an unheard of percentage month-over-month, which some economists felt was just a temporary fallback for a huge comeback.
Read More »OCC Frees JPMorgan, EverBank from Mortgage Servicing Agreement
Are JPMorgan and EverBank finally off the OCC's hook? All news is not good news for these two institutions.
Read More »Home Price Growth Picks up Speed
Low supply levels and increasing demand in the housing market are fueling home prices, in turn, placing all of the cards into sellers' hands.
Read More »Where are the Top 5 Most Stable Housing Markets?
U.S. housing markets continue to show improvement, and much of that credit is due to consumers maintaining their mortgages and a better overall employment picture.
Read More »Here’s why the Fed’s Rate Hike Will not Affect Housing
As 2016 begins, the jury is still out on what the effect of last month’s long-awaited federal funds rate increase by the Federal Reserve will be on the economy, and on housing in particular.
Read More »Construction Spending Slips for First Time in Over a Year
U.S. construction spending has been on the positive side for a year and a half—that is until now.
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