3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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Fiscal Cliff could affect South Florida housing market

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If lawmakers in Washington don’t reach a deal, South Florida’s housing market could also take a real hit in the area of short sales which have helped the struggling market to improve, CBS Miami reports.

Source: CBS Miami
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