Texas home sales purchased by international homebuyers added $8.32 billion to the state’s economy between April 2014 and March 2015. What’s noteworthy is that the demographic pull of buyers is starting to veer away from the usual trends.
A Texas man who swindled real estate investors with a story about a fake Disney theme park coming to the Dallas area was sentenced on Tuesday to 17-and-a-half years in federal prison. It was pretty bold.
After several weeks of shrinkage, flat or very tepid gains through July and much of August, mortgage applications jumped a sharp 11.3% in the last week of August. Here's what happened and what it means going forward.
Interested in owning a little piece of New York Yankees’ history? Well, you’re in luck because you can buy the New York apartment built and once owned by Babe Ruth. The price tag for the “home that Ruth Built” on the Upper West Side? $1.595 million.
It had been getting progressively easier to obtain a mortgage since 2012, but the first several months of this year marked a pause in easing access to mortgage credit. Still obstacles remain, but what are they really? Analysts disagree.
M&T Bank Corporation reached a settlement agreement over discriminatory lending charges with the Fair Housing Justice Center. The settlement includes a nearly half-million dollar fine and several other stipulations.
Answering questions raised by, amongst others, leading Democrats in the House and Senate, Department of Housing and Urban Development released a revision to its previously announced changes to the rules for lenders that remit loans to the Federal Housing Administration. Click here to read about how the FHA's rules are about to change.
TitleOne, an Idaho-based provider of title insurance and settlement services, announced the acquisition of Sun Valley Title Company. With the expansion, TitleOne now has 15 total offices and more than 200 employees in 14 Idaho counties.
Servicing and asset management organizations involved in the mortgage default arena need to look once again at each REO property on an individual case-by-case basis to determine if rehabilitation and/or property improvements are the best marketing strategy for each property.
Layton has over 35 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004..
"The questions become, ‘Do the courts find a distinction between housing policy and lending, as in whether to make a loan and how you price that loan? Does the government get broader discretion than the private sector?’ ” Andreano said. “It’s not fleshed out.” Read More