Citing a slowly strengthening economy, the Federal Reserve decided against changing interest rates at their Wednesday meeting.
Read More »GOP Suspends Rules, Advances Mnuchin Vote
Despite an ongoing boycott by Senate Democrats, the GOP members of the Senate Finance Committee used a parliamentary rule to advance the confirmation of Treasury Secretary nominee Steven Mnuchin to a full Senate vote on Wednesday.
Read More »Fannie Mae’s Mortgage Portfolio Continues to Fall
Fannie Mae’s continuing efforts to wind down its mortgage portfolio are certainly clear when viewed through their latest report.
Read More »Can’t Stop, Won’t Stop: Home Prices Continue to Climb
The S&P CoreLogic Case-Shiller National Index has reached a new high thanks to favorable economic conditions for the real estate market.
Read More »Homebuyers Undeterred in December
An increase in demand for homes in the last month of 2016 indicates that 2017 will be a strong year for home sales, despite the fact that there has been a low supply of homes listed on the market.
Read More »Mnuchin Vote Delayed Following Democratic Revolt
Senate Democrats refused to take part in a vote on Treasury Secretary nominee Steven Mnuchin, citing alleged conflicting answers during his initial hearing.
Read More »Plywood Falls Out of Favor with First Responders
The ubiquitous material used for sealing up windows on vacant or damaged homes can, in some cases, cause more harm than good. What is the alternative?
Read More »CitiMortgage Accelerates Close of Mortgage Servicing Business
The move represents the company’s “increasing focus on retail banking customers,” Director of Citi Public Affairs Mark Rodgers told MReport. As the release notes, all loans sold to New Residential in the agreement were third-party loans, and CitiMortgage plans to maintain its focus on all loans which originated within the firm’s retail banking unit.
Read More »Homebuyers Adore February
The month of love is historically the best time to buy a home. What forces are driving the discount?
Read More »U.S. Residents Satisfied with Home Size
A survey including 29,000 residents across 9 different target countries sought to find out which countries’ residents desired, and owned, the largest homes.
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