Home values rose for the 15th consecutive month in January, according to Zillow's most recent Real Estate Market Reports.
Read More »Conference Board: Economic Indicators Looking Up
Both leading economic indicators and lagging economic indicators for the U.S. economy rose in January, according to the Conference Board.
Read More »Illinois Sees Gains in Prices, Sales in January
The steady housing improvement seen in Illinois throughout 2012 is poised to continue in 2013, if January's numbers are anything to go on. According to the Illinois Association of Realtors, statewide home sales (including single-family homes and condominiums) totaled 8,502 in January, up 31.1 percent from 6,484 in January 2012.
Read More »Florida Housing Market Beats Winter Chill
Florida's housing market continued its upswing into the new year, according to the latest housing data released by Florida Realtors. Statewide closed sales of existing single-family homes totaled 13,679 in January, up 11.7 percent year-over-year, the group reported. Meanwhile, pending sales--contracts signed but not yet completed or closed--for existing single-family homes rose 31 percent.
Read More »Interthinx Releases White Paper for Stress Testing on Retail Portfolios
Interthinx's Predictive Analytics group published a white paper outlining recommendations for conducting stress testing on retail lending portfolios.
Read More »Initial Time Jobless Claims Up, Adding to Labor Concerns
First-time claims for unemployment insurance jumped 20,000 to 362,000 for the week ending February 16, the Labor Department reported Thursday. Economists expected 359,000 initial unemployment claims. The spike in filings--the largest in three weeks--marked a reversal of what had been a downward trend in layoffs.
Read More »Carrington, Equator Team Up to Provide Rental Asset Solution
Carrington Technology Solutions, LLC (Carrington) and Equator, a default servicing technology provider, teamed up to provide financial institutions, institutional investors, and large-scale property management companies with a single-family asset management suite created to maximize the performance of multiple-property portfolios.
Read More »Tax Credit Veteran Returns to WNC as SVP of Private Label Funds
WNC, a national investor in real estate and community development initiatives, announced Anil Advani rejoined the firm as SVP of private label funds. Advani is responsible for developing and maintaining relationships with private label investors, as well as managing the closing process of WNC's private label funds.
Read More »MountainView Servicing Group Releases Enhanced Analysis Service
MountainView Servicing Group, a provider of residential MSR sale and valuation advisory services, released its Enhanced Comparative SRP Analysis for secondary marketing.
Read More »Motivity Solutions Becomes Preferred Vendor for Lenders One
Lenders One Mortgage Cooperative, a national alliance of mortgage bankers, lenders, and suppliers, announced Tuesday its members will benefit from access to Motivity Solutions' Movation technology at a discounted rate.
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