News Corp, one of the world's biggest mass media companies, is buying online real estate firm Move, Inc., in a $950 million cash deal, the companies announced Tuesday morning. Under the acquisition agreement, which was unanimously approved by Move's board, News Corp will ...
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The Consumer Financial Protection Bureau ordered Michigan-based bank Flagstar to pay $37.5 million dollars in penalties for violating the new mortgage servicing rules by failing to devote sufficient resources to its foreclosure prevention programs, CFPB announced on Monday. CFPB said that Flagstar ...
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More than 91 percent of borrowers nationwide who received mortgage loan modifications in the second quarter of 2014 had their monthly principal and interest payments reduced, while 56.1 percent of borrowers lowered their monthly payments by 20 percent or more, ...
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Fannie Mae and Freddie Mac prevented nearly 80,000 foreclosures nationwide in the second quarter, raising the total number of foreclosures prevented since the start of the conservatorship in September 2008 to 3.3 million, the Federal Housing Finance Agency indicated in its report on foreclosure ...
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Foreclosure inventory is down nationwide, but the delinquency rate is up, according to Black Knight Financial Services' First Look at August Mortgage Data released today. Foreclosure starts declined by 10 percent from July to August and by 24 percent from August ...
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The burden of student loan debt is preventing potential home buyers from starting households, which in turn is hindering overall economic growth, according to Consumer Financial Protection Bureau director Richard Cordray in remarks made on Tuesday. Cordray said the country ...
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Representatives from the U.S. Department of Housing and Urban Development and Ginnie Mae convened at the second annual Ginnie Mae Summit on Monday to discuss initiatives and programs designed to create a healthy housing market. HUD secretary Julián Castro delivered the keynote ...
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The U.S. House of Representatives passed bipartisan legislation recently that allows small businesses to spend capital toward creating jobs instead of compliance. H.R. 4, known as the Jobs for America Act, contains two Financial Services Committee bills designed to provide regulatory ...
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Join us for the 2014 Five Star Conference and Expo in Dallas, Texas
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Join us at the 2014 Five Star Conference and Expo in Dallas, Texas.
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