News
Initial jobless claims fell to 348,000 for the week ended March 17 from an upwardly adjusted 353,000 a week earlier, according to the Labor Department.
The seasonally adjusted measure hit a fresh four-year low last week, approaching early March 2008's 347,000 filings....
The global economy is experiencing an extensive and redefining power shift with China leading the way, said Ian Bremmer, the CEO of Eurasia Group. Financial markets will continue to collapse, however, if players within those spaces do not adapt.
"China will become the...
Federal Reserve rate policies are holding back a recovery in the private-label market for home loans and residential mortgage-backed securities, Christopher Whalen of Institutional Risk Analytics said Thursday.
Whalen released a report titled, "The Real...
Old Republic International ($14.22 0.15%) plans to combine its struggling mortgage guaranty and consumer credit insurance divisions under one...
Old Republic International ($14.22 0.15%) plans to combine its struggling mortgage guaranty and consumer credit insurance divisions under one...
Home prices in South Florida gained momentum in February, which marked the third straight month of increases, according to Miami Realtors.
Median prices for single-family homes in Miami-Dade rose 19% to a median price of $175,000 from year-ago figures, according to the...
A California appellate court ruled it was OK for the party initiating a foreclosure to do so without being in possession of the mortgage note.
The decision shows attorneys how foreclosure contests can play out in nonjudicial foreclosure states when specific foreclosure processing...
A California appellate court ruled it was OK for the party initiating a foreclosure to do so without being in possession of the mortgage note.
The decision shows attorneys how foreclosure contests can play out in nonjudicial foreclosure states when specific foreclosure processing...
An examination office within the Federal Housing Finance Agency will finalize by March 2013 how it monitors changes in Fannie Mae and Freddie Mac mortgage underwriting guidelines.
Written guidance for how the reviews will be conducted are...
Smaller homes closer to urban areas may be the next wave of new construction, as post-bubble buyers seek smaller mortgage payments and shortened commutes.
At the “What’s Next: Real Estate in the New Economy” conference held by the Urban Land Institute of North Texas,...
The Dodd-Frank Act, which aims to end the bailout of financial institutions that are deemed too big to fail, perpetuates a dangerous trend of increasing banking industry concentration, says Richard Fisher, president of the Federal Reserve Bank of Dallas.
"It is imperative...
The Dodd-Frank Act, which aims to end the bailout of financial institutions that are deemed too big to fail, perpetuates a dangerous trend of increasing banking industry concentration, says Richard Fisher, president of the Federal Reserve Bank of Dallas.
"It is imperative...
Led by the commercial sector, the architecture billings index remained in positive territory in February for the fourth-straight month, according to the American Institute of Architects.
The index also received the highest spike in inquiries for new projects since 2007,...
Mortgages at least 30 days past due dropped 5% in February from a month earlier and declined 14% from February 2011.
A preliminary look at monthly data from Lender Processing Services...
Mortgages at least 30 days past due dropped 5% in February from a month earlier and declined 14% from February 2011.
A preliminary look at monthly data from Lender Processing Services...