The Fed determined that since the last meeting in late April, economic growth appears to have picked up despite a weak jobs report in May—but it wasn't enough.
Read More »Prober & Raphael Welcome New Attorneys to Default Practice
Default services law firm Prober & Raphael, ALC announced the hiring of attorneys Diana Torres-Brito and Jonathan Vaknin to their Bankruptcy practice and Angela Davtyan to their Collections/Litigation practice.
Read More »Higher Education Not Leading to Homeownership
Why are millennials not becoming homeowners as quickly as some analysts expected they would? There are different theories.
Read More »Committee Examines Dodd-Frank’s Effect on Main Street
The collapse of financial institutions due to subprime lending and risky derivative trading left many wondering if banking was regulated enough.
Read More »Single-Family Rental Securitizations Get a Boost
The supply of affordable rental housing is low, but the demand for those properties is there, according to Moody's.
Read More »LenderLive Announces New Organizational Structure
Domestic-based mortgage services provider, LenderLive, recently announced a new organizational structure that aligns its various business divisions under two broad units—mortgage and services—as well as corresponding leadership changes.
Read More »Tight Inventory Causes a Slip in Demand
With fewer homes for sale on the market over the past year, housing demand has also experienced a decline.
Read More »ClosingCorp Names New VP of Sales, Strategic Relationships
ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, announced that Matthew Lichtner has joined the company as VP of Sales, Strategic Relationships.
Read More »Issuer of Ginnie Mae RMBS Settles with SEC
The SEC announced that the company and six senior executives will pay to settle charges that they "orchestrated a scheme to defraud investors."
Read More »Existing-Home Sales Defy Unfavorable Odds
NAR Chief Economist Lawrence Yun noted that the April existing sales data "signals slowly building momentum for the housing market this spring."
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