With many analysts early in the year having predicted a robust spring season for the housing market, the question remains as to whether or not that will come to pass as spring is in full swing.
Read More »Finally, a Bank that Increased Profits in Q1
While most of the nation’s largest banks and investment banking firms have struggled to exceed last year's Q1 profits in the first quarter this year, one bank finally managed to pull it off.
Read More »The MReport Webcast: Monday 4/25/2016
First-time homebuyers are faced with two major challenges in the housing market that are keeping them from purchasing a home: scarce inventory and higher home prices. In more ...
Read More »Housing to Stay the Course Despite Straying Economy
While the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic ...
Read More »Castro Calls Out Trump for ‘Prejudice’
The HUD Secretary criticized the likely Republican presidential nominee for suggesting policy that Castro called "laughable" and "wrong-headed."
Read More »The MReport Webcast: Friday 4/22/2016
Dallas, Texas-based Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers to turn a profit during 2015, according to Moody’s Investors Service’s ...
Read More »It’s Lonely at the Top for Nationstar Mortgage
Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers to turn a profit during 2015, according to Moody’s Investors Service’s Servicer Dashboard.
Read More »MCS Announces Formation of MCS Solutions
Mortgage Contracting Services, LLC (MCS) has announced the formation of MCS Solutions in order to incorporate the company’s valuations, title services, and steel security product line, according to an announcement from MCS.
Read More »‘Hardest Hit’ Areas Get More Relief from Treasury
The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?
Read More »U.S. Bancorp Escapes Most Banks’ Q1 Fate
Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.
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