This is why you can't blame Millennials for low homeownership rates

Bill to eliminate $6M raise for Fannie, Freddie CEOs passes House Committee 57-1

Growing bipartisan support means passage likelier

Pending home sales drop for the first time in 2015

May level down 1.8% on low inventory, escalating prices

Items Tagged with 'Goldman Sachs'


Guess how many bank CEOs made Glassdoor’s list of the highest rated CEOs?

Here's a hint…not many
For those who don’t know, Glassdoor is a website where a company’s employees (and former employees) can leave anonymous reviews of the company and tell other employees (or prospective employees) what it’s really like to work there. So how many bank CEOs made the top 50 in Glassdoor’s 2015 list of the highest rated CEOs? Not very many as it turns out.
Read More
From HW Magazine

Low-hanging fruit

Small doc management companies make tempting M&A targets
Every day, a new crop of technology companies works to develop solutions to solve something inefficient in the housing industry. And every day, they have to look over their shoulders.
Read More

Goldman Sachs faces $120M mortgage securities lawsuit

New York Court of Appeals revives suit
The New York Court of Appeals revived a bond insurer’s $120 million lawsuit claiming Goldman Sachs Group lied about a pool of securities backed by subprime mortgages during the period leading up to the financial crisis.
Read More
From HW Magazine

Inside Goldman Sachs

Housing conference looks at what mortgage companies will need to survive in the future
“Nearly every part of the real estate process has been transformed by technology except for home financing. Getting a mortgage is still manual, frustrating and confusing,” said Nick Stamos, CEO and founder of Sindeo.
Read More

Homeownership rate falls to lowest since 1993

Economists question whether tumble will continue or has bottomed out
The homeownership rate continued its multi-year slide, falling to a rate not seen since 1993. Are we near the bottom and there’s nowhere to go but up, or does the slide continue? Let’s find out.
Read More

Goldman Sachs just had its best quarter in 4 years

Reports 1st quarter net revenue of $10.62 billion
Business appears to be booming at Goldman Sachs. The investment banking, securities and investment management giant reported net revenue of $10.62 billion in the first quarter, its best quarterly performance in four years.
Read More