Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in the spring?
Read More »GSEs’ Expenses Are Way Up; Where Did the Money Go?
Fannie Mae and Freddie Mac returned to profitability in 2012. Since then, their net expenses have increased by more than $1 billion combined.
Read More »The Fight to Eliminate Blight Continues
While a fast track foreclosure bill aimed at eliminating blight awaits a vote in the Ohio State Senate, the U.S. Senate in Ohio has taken action.
Read More »Freddie Mac Prices Credit Risk Transaction at Nearly a Half Billion Dollars
Freddie Mac has now transferred a substantial portion of credit risk for more than $422 billion in unpaid principal balance on single-family mortgages.
Read More »Borrower Equity Continues to Rise
What are the factors driving the increase in home equity, and what are the expectations for 2016?
Read More »Ask the Economist: Existing-Home Shortage Has a ‘Domino Effect’ on the Market
David Crowe, Chief Economist with the National Association of Home Builders, talks with DS News on housing inventory, housing demand, and retirement in this installment of Ask the Economist.
Read More »Kimball, Tirey & St. John Announces New Partners
Kimball, Tirey & St. John LLP, a default servicing law representing clients throughout California, has announced two new partners, Cynthia Stelzer and Calvin Clements.
Read More »HUD Awards $1.6 Billion in Grants to Fight Homelessness
“A safe, stable home is the foundation for opportunity in all of our lives,” according to HUD Secretary Julián Castro.
Read More »The Declining Foreclosure Inventory: Is the News All Good?
While the consistent decline in foreclosure inventory and completed foreclosures may be indicative of a healing housing market, the side effects of falling foreclosure metrics may be a cause for concern heading into the spring homebuying season.
Read More »Mortgage Contracting Services Acquires EPIC Real Estate Solutions
Mortgage Contracting Services (MCS), a nationwide provider of property preservation, inspections, REO property maintenance, and valuations for the financial services industry headquartered in Plano, Texas, has announced the acquisition of Austin, Texas-based EPIC Real Estate Solutions.
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