Case-Shiller: Home prices continue rising in May

Case-Shiller: Home prices continue rising in May

First-time buyers still weak; Growth to slow over next 2 years

NY state senator convicted in foreclosure embezzlement scheme

Pay-offs, fraud and bribery marked Democrat senator’s tenure

Weiss Residential: Here's where the next housing crash will start

Nearly half of homes in top markets losing value
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Lending

Case-Shiller: Home prices continue rising in May

First-time buyers still weak; Growth to slow over next 2 years
Home prices continued their rise across the country over the last 12 months, according to the S&P/Case-Shiller Home Price Indices for May 2015. But first-time buyers still aren’t going all in. What’s the problem?
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NAFCU urges the FHFA to leave the conforming loan limit alone

Housing still “vulnerable to any drastic market changes”
The National Association of Federal Credit Unions is urging the Federal Housing Finance Agency to keep the conforming loan limit at its current level and not drop it below the current baseline rate of $417,000 because the market isn't strong enough yet. What do you think?
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Bank of America CFO’s exit reportedly linked to desire to lead company

Citing sources, Reuters reports Bruce Thompson wanted CEO job
Bank of America shocked the market a bit last week, when it announced the departure of Bruce Thompson, the bank’s chief financial officer and chief risk officer, without a great deal of explanation as to why Thompson was leaving. Now, a Reuters report sheds some light onto the supposed reason that Thompson is stepping down.
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Castle & Cooke partners with Optimal Blue

Streamlines mortgage-lock process
Optimal Blue, a cloud-based provider of managed-content, pricing and product eligibility, secondary marketing, consumer engagement, data and analytics, and compliance services, announced a partnership to provide a pricing engine for Castle & Cooke’s new mortgage origination system.
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Black Knight: Home prices approach pre-crisis peak

Latest home price index shows shrinking gap between 2006 and 2015
Black Knight’s latest Home Price Index report, based on May 2015 residential real estate transactions, showed that the U.S. HPI is now just 6.5% off the June 2006 peak of $268,000, and up over 25% from the market’s bottom.
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