W.J. Bradley Mortgage Capital, LLC, a privately held mortgage banking firm headquartered in Centennial, Colorado, announced that it is taking in the principals and employees of Legacy Group Lending, Inc., of Bellevue, Washington.
Read More »ALTA Reminds Consumers of Importance of Title Insurance
As the spring homebuying season moves into full swing, the American Land Title Association (ALTA) is encouraging consumers to consider title insurance to make sure their American dream is protected.
Read More »NAHB Improving Markets Index Tips Down Further in May
According to NAHB, the number of housing markets showing "sustained improvement" fell to 258 from April's 273.
Read More »Capital Economics Predicts Further Drops in Homeownership Rate
In an analysis released in response to the Census Bureau's report that homeownership hit an 18-year low in the first quarter, Capital Economics warns that we may not have seen the bottom yet. The firm predicted last year that the homeownership rate would decline to a low of 64 percent--a forecast it insists will come sometime within the next year. One factor contributing to the downward trend in homeownership is tight lending standards, Capital Economics says.
Read More »Commentary: Driving With No Speedometer
Imagine if someone removed the speedometer from your car and then put limits on how fast or slow you could drive.
Read More »Sabal Financial Group Expands CMBS Business with New Venture
Sabal Financial Group announced the expansion of its commercial mortgage-backed securities (CMBS) business with the launch of Sabal Commercial Advisors.
Read More »Pacific Union Financial Adds to Wholesale, Correspondent Lending Divisions
Pacific Union Financial, LLC, announced the addition of two new sales executives to their wholesale and correspondent lending teams.
Read More »Unemployment Rate Down to 7.5% as Payrolls Increase by 165K
The economy added 165,000 jobs in April, and the unemployment rate dropped to 7.5.percent, its lowest level since December 2008, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 153,000, and that the unemployment rate would remain at 7.6 percent.
Read More »ALTA Breaks Membership Records
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has achieved all-time record membership for the fourth consecutive year.
Read More »Texas Market Picks Up Pace in Q1
Texas' real estate market experienced a healthy first quarter, picking up right where 2012 left off, the Texas Association of Realtors revealed in its latest Quarterly Housing Report.
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