The Federal Reserve Bank of New York announced that John C. Williams has been named President and CEO. His appointment by the eligible members of the New York Fed’s Board of Directors was approved by the Board of Governors of the ...
Read More »MERSCORP Holdings Launches MERS eNote Solutions, Powered by eOriginal
MERSCORP Holdings, Inc. and eOriginal, Inc. has launched a new solution offering that will enable originators to accelerate entry into the digital mortgage ecosystem. MERS eNote Solutions, part of the MERS eSuite, will enable the creation, execution, registration, and management ...
Read More »Christopher Herbert Elected to Freddie Mac Board of Directors
Freddie Mac announced that Christopher E. Herbert was elected as a director on the company’s board of directors. Herbert, 57, has extensive experience relating to housing policy and urban development. “We are very pleased that Chris is joining the Freddie ...
Read More »The City Where Foreclosures Are Skyrocketing
This past January, PropertyShark’s annual foreclosure report revealed that New York City saw a year-over-year increase in foreclosed homes scheduled for auction of 58 percent and year-over-year foreclosure increases in every borough except Manhattan. Now PropertyShark has released their Residential ...
Read More »Which Features Boost Home Sale Prices?
Selling a home can sometimes be as much art as science, but there are some things that work consistently well. Zillow recently analyzed the features that best help move homes and land higher sale prices, discovering along the way that ...
Read More »For Waterfront Properties, Is Location Everything?
The old real estate adage insists that location is everything, but how much truth does that hold when it comes to waterfront properties? A new study by Collateral Analytics puts waterfront real estate under the microscope to determine what factors ...
Read More »Houston Still Has Unspent Relief Funds from Hurricane Ike
Houston has recovered remarkably well from last year’s hurricane season. After an initial spike in delinquencies in the months following the storm, the Texas Association of Realtors recently reported that home sales volume and home prices in the Lone Star ...
Read More »HUD’s Carson: Proud to “Move Others up the Ladder”
The 2018 Five Star Government Forum launched at the Newseum in Washington D.C. Tuesday morning with a discussion between United States Secretary of Housing and Urban Development Dr. Benjamin Carson and Five Star President and CEO Ed Delgado. Carson told ...
Read More »How REO Sales Impact Home Prices
With markets across the country suffering from pronounced inventory shortages, it would seem that anything that puts more homes on the market would be a good thing. A new report by Pro Teck Valuation Services found delved into that thesis, ...
Read More »Barclays Settles RMBS Suit
The British bank Barclays has reached a settlement with U.S. authorities over financial crisis-era transactions involving toxic residential mortgage-backed securities (RMBS) sold between 2005 and 2007. Under the terms of the settlement, Barclay’s agreed to pay $2 billion in civil ...
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