3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
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Items Tagged with 'Treasury Department'

ARTICLES

Weakened mortgage operations squeeze Ally Financial profits

Solid capital, liquidity portfolios keep company afloat
November 5, 2013
Ally Financial posted weaker earning results in its mortgage operations due to charges tied to federal regulator settlements and the cease of new originations.
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States allocate foreclosure money to cover demolitions

September 4, 2013
The Treasury Department revised the rules governing its foreclosure prevention program, allowing states to allocate some of those funds for home demolition initiatives.
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