Ten-X (formerly Auction.com), an online marketplace for real estate, recently announced that it has formed a partnership with Certified Commercial Investment Member Institute.
Read More »Investors With Cash Beat First-Time Homebuyers to the Closing Table
First-time homebuyers in need of financing methods are losing out on homes that are being swiped from them by cash investors.
Read More »Watt: Risks Facing FHFA are ‘Certain to Escalate’ as Conservatorships Continue
Fannie Mae and Freddie Mac are required by law to reduce their capital buffer to zero by January 1, 2018. If their losses exceed their capital buffer, they would require another draw from Treasury.
Read More »Is Flipping Making a Comeback? Hot Spots Are Emerging
While house flipping nationwide has leveled off and is way below its 2006 peak, flipping activity is way up in some areas but down in others.
Read More »Freddie Mac Reports Another Profitable Year; Mortgage Markets Have ‘Strong Momentum’
Many have expressed concerns that the GSEs cannot continue their profitability. Freddie Mac announced on Thursday, however, that it was profitable for the fourth consecutive year in 2015.
Read More »Five Star’s Delgado Asks Castro to Address Vacant and Abandoned Properties Issue
The issue of vacant and abandoned properties has become one of national concern; the Five Star President and CEO recently met with the HUD Secretary to enlist his assistance in finding solutions.
Read More »Default Servicing Technologies Rebrands as Exceleras
Default Servicing Technologies, Illinois-based creators of a suite of critical software for banks, servicers, subservicers, capital market groups, and other mortgage and real estate industry professionals, has changed its name to Exceleras, according to an announcement from the company.
Read More »AIM Your Way Names New CEO
AIM Your Way, a Dallas, Texas-based property maintenance services provider for the mortgage industry for 30 years, has appointed Mitch Schneider as CEO.
Read More »Will the FOMC Make the Fed’s 2016 Forecast for Rate Hikes Come True?
Recently there have been mixed reports coming from policymakers on the state of the economy.
Read More »Minneapolis Fed: Dodd-Frank Was Not Enough to End Too Big to Fail
In his first speech as president of the Minneapolis Fed, Neel Kashkari said that progress had been made toward ending too big to fail, but that the Dodd-Frank Act did not go far enough.
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