Realogy reported a first-quarter net loss of $46 million, or $0.32 per share, missing analyst expectations by $0.11. Meanwhile, it recorded a net revenue for first quarter 2014 of $1 billion, a 5% increase compared to first quarter of 2013.
Six years after the financial crisis and California is still feeling the leftover ripple effects of loose lending standards and an overabundance of foreclosed homes. But it is all not all bad news, with several positive signs emerging for the state.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More