Overall household debt in the U.S. was up by more than $50 billion in Q4. How much of that can be attributed to outstanding mortgage balances?
Read More »Judge to Bank of America: Hold Off Paying Investors in RMBS Settlement
Investors who are waiting to receive the payouts from Bank of America's $8.5 billion mortgage-backed securities settlement will have to wait a little longer.
Read More »OCC Removes Servicing Restrictions from U.S. Bank, Santander—For a Price
The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.
Read More »The Week Ahead: Yellen on the Hot Seat Not Once, but Twice
Federal Reserve chair Janet Yellen will have the floors of both the House and Senate to herself this week for the first time in seven months. What can we expect from the hearings?
Read More »Majority of Americans Unconcerned Over Fed’s Rate Increase
For those who did express anxiety, their concerns were not spread out evenly across the population.
Read More »Fannie Mae: Less Affordability Amid Steady Growth In 2016
The price to pay for housing market growth in 2016 will be shrinking affordability, according to Fannie Mae.
Read More »Economist Expects Only Moderate Expansion for Housing This Year
As far as the U.S. housing market is concerned, it’s got a lot to live up to compared to 2015.
Read More »Bucking the Trend
Conventional wisdom says that keeping rehab costs at a minimum is the best was to recoup losses on vacant and abandoned properties. The conventional wisdom may be wrong. This special print feature originally appeared in the December 2015 issue of DS News magazine.
Read More »Scapegoats?
Property preservation companies have come under criticism in recent months. But is it warranted? This select print feature originally appeared in the November 2015 issue of DS News.
Read More »LoanDepot Delays IPO at the 11th Hour
But on Thursday, the company announced that it will postpone the biggest IPO of the week, due to rough conditions in the market. Conditions, have, of course, been stormy on Wall Street to say the least. On Thursday, the Dow Jones Industrial Average dropped 254.15 points, or nearly 1.5 percent. Over the preceding week, it has dropped a total of 2.3 percent.
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