Though existing home sales are poised for a comeback in 2018, a few hurdles stand in their way.
Read More »While Unemployment Drops, Homebuilders Face Labor Shortage
On Friday, the U.S. Bureau of Labor Statistics reported its Employment Situation Summary for October 2017. Read on to discover what the current numbers show—and how it’s impacting housing.
Read More »Why RE/MAX Delayed its Earnings Results
On Thursday, RE/MAX Holdings announced that it is postponing its earnings results for Q3 2017. Read on to find out what's causing the delay.
Read More »Amazon’s Prime Place
More than 200 U.S. cities are wooing the Seattle-based retail giant in hopes of being home to its second headquarters. (Read: 50,000 new local jobs). Which one has the best chance of being crowned victorious?
Read More »Results are in: How Ocwen Performed in Q3
On Thursday, Ocwen Financial Corporation announced operating results for Q3 2017. The company recorded a net loss of $6.1 million, which amounts to $0.05 per share for three months prior to their September 30, 2017 end date. This figure is ...
Read More »GOP Tax Reform to Impact the Housing Market
The House Republicans released the highly anticipated tax reform plan on Thursday—proposing major tax cuts that are causing a stir of reactions in the housing industry.
Read More »President Trump Nominates Jerome Powell as Fed Chair
President Donald Trump announced today that Jerome Powell, a Federal Reserve board governor who previously worked as a private-equity executive, as Fed Chair to succeed Janet Yellen.
Read More »A Look Inside Caliber Home Loans’ Portfolio
According to a recent announcement, Fitch Ratings has affirmed Texas-based Caliber Home Loans’ U.S. RMBS servicer ratings and outlook. Overall, the report reveals that Caliber's portfolio has experienced relatively high growth over the past three years, "primarily from acquisitions and ...
Read More »Mortgage Data Protection Efforts
Board Treasurer of the National Association of Federally-Insured Credit Unions testified on Wednesday before the Subcommittee on Financial Institutions to propose potential solutions Congress can take to protect credit unions from the fallout of data breaches.
Read More »Delinquencies up for Fannie Mae
Serious delinquencies on single-family properties are up for Fannie Mae. But since last year? The numbers tell a different story.
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