News

April 22, 2012 06:35 PM
Monday Morning Cup of Coffee: MBIA trial just around the corner

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

The New York State Supreme Court Judge Barbara Kapnick held that a trial should begin on May 14 in the action brought against the New York Department of...

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April 23, 2012 11:08 AM
UBS, BarCap Dream Hotel CMBS coming to market

Investment bank UBS ($18.42 0%) will soon bring a $1.33 billion commercial mortgage-backed securitization to market, according to presale...

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April 20, 2012 07:27 PM
UBS, BarCap Dream Hotel CMBS coming to market

Investment bank UBS ($18.42 0%) will soon bring a $1.33 billion commercial mortgage-backed securitization to market, according to presale...

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April 20, 2012 06:41 PM
Va. developer pleads guilty to $41M fraud that contributed to bank failure

Eric Menden, of Chesapeake, Va., pleaded guilty to engaging in a $41 million bank fraud scheme to buy bank-owned property that ultimately contributed to the failure of the Bank of the Commonwealth.

The 53-year-old Menden conspired to commit wire fraud, bank fraud and made...

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April 20, 2012 05:57 PM
Va. developer pleads guilty to $41M fraud that contributed to bank failure

Eric Menden, of Chesapeake, Va., pleaded guilty to engaging in a $41 million bank fraud scheme to buy bank-owned property that ultimately contributed to the failure of the Bank of the Commonwealth.

The 53-year-old Menden conspired to commit wire fraud, bank fraud and made...

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April 20, 2012 04:51 PM
Illinois home prices halt 20-month price descent

Median home prices in Illinois snapped a 20-month streak of price declines in March, a turnaround coinciding with the start of the spring selling season.

The statewide median price in March came in at $130,000, even with March 2011, according to the Illinois Association of...

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April 20, 2012 04:33 PM
Illinois home prices halt 20-month price descent

Median home prices in Illinois snapped a 20-month streak of price declines in March, a turnaround coinciding with the start of the spring selling season.

The statewide median price in March came in at $130,000, even with March 2011, according to the Illinois Association of...

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April 20, 2012 02:51 PM
California Bay Area home sales hit 5-year high

March home sales in California’s Bay Area reached their highest level for the month in five years, the result of lower prices, low interest rates and an improving economy.

About 7,700 new and resale houses and condos sold in the nine-county Bay Area in March, up 34.9% from 5,702 in...

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April 20, 2012 01:04 PM
California Bay Area home sales hit 5-year high

March home sales in California’s Bay Area reached their highest level for the month in five years, the result of lower prices, low interest rates and an improving economy.

About 7,700 new and resale houses and condos sold in the nine-county Bay Area in March, up 34.9% from 5,702 in...

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April 20, 2012 02:29 PM
California Bay Area home sales hit 5-year high

March home sales in California’s Bay Area reached their highest level for the month in five years, the result of lower prices, low interest rates and an improving economy.

About 7,700 new and resale houses and condos sold in the nine-county Bay Area in March, up 34.9% from 5,702 in...

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April 22, 2012 11:15 PM
Employers optimistic as sales, profit margins rise

About 60% of employers surveyed by the National Association of Business Economics reported rising sales and 40% reported rising profit margins in NABE's April survey.

The numbers, significantly higher than the last survey conducted in January, indicate growing optimism...

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April 20, 2012 10:46 AM
HARP 2.0 improving bank gain-on-sale margins

Analysts at Keefe, Bruyette & Woods say the strong start to Home Affordable Refinance Program 2.0 bodes well for mortgage banking volumes and margins in the second quarter, with PHH Corp....

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April 20, 2012 11:56 AM
HARP 2.0 improving bank gain-on-sale margins

Analysts at Keefe, Bruyette & Woods say the strong start to Home Affordable Refinance Program 2.0 bodes well for mortgage banking volumes and margins in the second quarter, with PHH Corp....

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April 20, 2012 10:23 AM
HARP 2.0 improving bank gain-on-sale margins

Analysts at Keefe, Bruyette & Woods say the strong start to Home Affordable Refinance Program 2.0 bodes well for mortgage banking volumes and margins in the second quarter, with PHH Corp....

Read More
April 20, 2012 11:33 AM
HARP 2.0 improving bank gain-on-sale margins

Analysts at Keefe, Bruyette & Woods say the strong start to Home Affordable Refinance Program 2.0 bodes well for mortgage banking volumes and margins in the second quarter, with PHH Corp....

Read More