Journal

Do real estate market conditions favor buying or renting? The Beracha, Hardin & Johnson Buy vs. Rent Index is designed to provide guidance to consumers struggling with that choice. The index, conceived by faculty from Florida International and Florida Atlantic ...

The hottest question in business for the past six months has been, “Where will Amazon build its second headquarters?” With many cities still in the mix, it's still anyone's guess ... but Zillow thinks it has it figured out. A new ...

When Hurricane Harvey struck Texas last summer, many housing experts worried what the megastorm's effect on the market would be. Turns out, their fears of a wounded market were needless. "Despite the devastation of Hurricane Harvey,” said Kaki Lybbert, Chairman ...

Nordis Technologies, based in Coral Springs, Flordia, has secured a major new customer, PennyMac Financial Services Inc., a leading national residential mortgage lender and loan servicer, for its print and mail services. Nordis is ramping up production and distribution of ...

California-based non-prime wholesale residential lender Citadel Servicing Corporation (CSC) has announced a major update to their product platform. Effective immediately, CSC will begin offering a 5/1 Hybrid Adjustable Rate Mortgage (ARM) and 5/25 Interest Only (IO) term. This now allows borrowers to ...

Dean Prober, Senior Partner and President of the California-based firm of Prober & Raphael, has passed away. According to a media statement from Prober & Raphael, Prober passed away on March 1, 2018, surrounded by his family and following a battle ...

A New York bankruptcy judge has ruled that Lehman Brothers Holdings, Inc. will have to pay around $2.4 billion to investors in order to settle disputes over toxic residential mortgage-backed securities (RMBS) sold by the bank during the financial crisis. ...

While the long-term effects of the recently passed Tax Cuts and Jobs Act remain to be seen, one of the more controversial changes in the law involves caps on interest payment deductions and property tax deductions. Prior to the tax ...

If the market crashes again, taxpayers are at risk. Congress seeks to reduce this risk by implementing reform the Fannie Mae and Freddie Mac, but at what cost to borrowers?

On Thursday, HUD Secretary Ben Carson fired back against accusations that proposed changes to the HUD mission statement represented a rolling back of the agency's commitment to fair housing practices. Carson was responding to reports earlier in the week that HUD ...