Despite an ongoing boycott by Senate Democrats, the GOP members of the Senate Finance Committee used a parliamentary rule to advance the confirmation of Treasury Secretary nominee Steven Mnuchin to a full Senate vote on Wednesday.
Read More »Can’t Stop, Won’t Stop: Home Prices Continue to Climb
The S&P CoreLogic Case-Shiller National Index has reached a new high thanks to favorable economic conditions for the real estate market.
Read More »Homebuyers Undeterred in December
An increase in demand for homes in the last month of 2016 indicates that 2017 will be a strong year for home sales, despite the fact that there has been a low supply of homes listed on the market.
Read More »CitiMortgage Accelerates Close of Mortgage Servicing Business
The move represents the company’s “increasing focus on retail banking customers,” Director of Citi Public Affairs Mark Rodgers told MReport. As the release notes, all loans sold to New Residential in the agreement were third-party loans, and CitiMortgage plans to maintain its focus on all loans which originated within the firm’s retail banking unit.
Read More »Homebuyers Adore February
The month of love is historically the best time to buy a home. What forces are driving the discount?
Read More »Good News for National Home Prices
One firm’s examination of home prices in the U.S. displays an upward trend that is unfolding nationwide.
Read More »Freddie Mac Portfolio Growth at 8 Year High
Freddie Mac released a summary detailing the performance of it’s mortgage portfolio, showing not only record high gains year-over-year for December but a strong 2016 overall for the GSE. See just how much better the company fared in 2016 over previous years...
Read More »Getting Risky: Defects Rise Slightly
Certain measures of risk rose in December, according to one company’s report. Is this a sign of troubling times to come?
Read More »By Any Measure, Home Prices are Way Up
Home prices have been steadily rising since bottoming out in early 2012, posting 50-plus consecutive months of appreciation, according to multiple industry reports.
Read More »Groups Voice Concerns Over OCC’s FinTech Charter
The Office of the Comptroller of the Currency’s announcement in early December that it would grant a special purpose national bank charter to non-bank financial technology companies is causing no small amount of concern in the industry.
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