Americans want to buy homes and they want to buy them as an investment option. According to a study on homebuyers by NerdWallet, a personal finance website, 75 percent Americans say that buying a home was a priority for them. ...
Read More »JPMorgan Settles 401(k) Suit Tied to MBS
The settlement, pertaining to a 2012 class-action suit, is now awaiting approval by a U.S. district judge.
Read More »A Vote of Confidence for Bank of America
A major national bank received a vote of confidence from a prominent investor, recently. How might that fare for the lender, and who stands to benefit?
Read More »Analyst Warns of Potential Mortgage Crisis
With the Federal Reserve on track to end its monthly bond purchases (currently at a rate of $25 billion and falling), Bove cautions that the loss of one of the tools used to help lift housing out of its post-recession rut could hurt the market, especially as interest rates start to tick back up.
Read More »Experts to Lecture on Opportunities, Strategy in Investment Lab at FSC
Participants in the Investment Lab at the upcoming 2014 Five Star Conference and Expo will have a chance to hear industry professionals speak on all aspects of investing, from bridge lending to government investment opportunities.
Read More »Big Changes at Freddie, Fannie Sought by Investor
Bruce Berkowitz, managing member and chief investment officer of Fairholme Capital Management, sent a letter to both Fannie Mae and Freddie Mac on Monday, urging the directors to "act in the best interests of each company and in accordance with accepted best practices for corporate governance."
Read More »