While the stock market has been volatile the past few months, the housing market hasn’t. In a sponsored content piece in Quartz, PIMCO outlined four reasons why there are still plenty of opportunities left in housing.
The stock market opened sharply lower Thursday morning as the industry eagerly awaits Fed Chair Janet Yellen’s speech later in the day. Although Yellen will speak on inflation dynamics and monetary policy, everyone will be tuning in for the slightest tip on rising interest rates.
A September interest rate hike is now unlikely due to recent turmoil in the stock markets from China’s volatile economy. According to New York Fed President William Dudley, the prospect of a September rate hike "seems less compelling" than it was only weeks ago.
In the last month, Nationstar Mortgage reached two separate agreements with Ocwen Financial to purchase nearly $35 billion worth of mortgage servicing rights. Nationstar is planning to fund those purchases by executing a public offering of common stock.
When the Federal Reserve first announced the start of quantitative easing, the stock markets furiously reacted, becoming what is now referred to as the "taper tantrum." Fast forward more than half a year and where can this be seen in the market now?
Our exclusive chat with Nationstar CEO Jay Bray follows up on his March profile in HousingWire magazine, where he explained the structure of the company and how it could reorganize to meet the challenges of the mortgage markets. The company's 2Q results prove Bray was right all along.
CNBC’s analysts seem to view millennials as a giant homogenous mound of humans who all think the same way, look the same way, do the same things and look at the world in the exact same way. And every day, CNBC’s analysts opine on why millennials aren’t buying homes, or buying stocks or buying whatever else it is that CNBC thinks is important that day.
Nonbanks are experiencing a strong day on the stock market, following positive first-quarter earning reports. MSR transfer activity is still occurring and more importantly, the long-term pipeline of opportunities is very healthy.
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