The goal of European leaders to slap explicit pay curbs onto bankers and the preference of U.S. officials to focus on tougher capital requirements may come to the same thing ⬠a new report suggests that a crackdown on bank capital will cut into profit and reduce bonuses.
Read More »Zillow: Homebuyers Now in the Driver’s Seat
Amid continued falling home prices, U.S. homebuyers are negotiating even more discounts at the bargaining table.
Read More »Long & Foster Names Former Countrywide Exec as New President and COO
The Long & Foster Companies, headquartered in Chanitilly, Virginia, recently announced that Jeffrey S Detwiler has been selected as the new president and COO.
Read More »Fitch: Residential Subprimes Stabilize, While Commercial Woes Worsen
Analysts at Fitch Group offered up a mixed bag of economic indicators this week, saying that a once-risky class of residential mortgage assets was stabilizing, but rising commercial real estate defaults were threatening the economy's modest recovery.
Read More »Report: Recent Home Price Climb Subsides in July
The steady climb seen in U.S. home prices paused in July, according to Denver-based default management and collateral valuation firm Integrated Asset Services (IAS).
Read More »Arizona Passes Regulatory Relief that Benefits PMI, Other Mortgage Insurers
Arizona moved to provide regulatory relief to PMI Mortgage Insurance and other mortgage insurers by granting state authorities the discretion to work with the companies when they fail to meet the state's minimum policyholder position (MPP).
Read More »Is Your Home on the Tube?
Marketing of listings and properties isn't easy.
Read More »Test of ValueScout Validates Accuracy in Default Prediction
Value Creation Institute recently announced through its affiliate, Buckley Management Advisors, LLC, that its patent pending system for asset valuation, ValueScout, was found to be 96 to 98 percent accurate in prediction of loan default when tested with actual data.
Read More »NewOak Capital Appoints Denton Managing Director, Head of Client Development
New York's NewOak Capital recently announced the appointment of William Denton as managing director, head of client development for its integrated advisory, asset management, and capital markets businesses.
Read More »Seattle Home Sales Rise for First Time in Three Years
Seattle region home sales in July rose above year-ago levels for the first time in more than three years, as a sharp turnaround in home resales continued.
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