Americans with money to set aside that they do not plan on using for the next 10 years would rather invest in real estate than any other type of investment, according to a recent survey.
Read More »Clayton Holdings Creates New Option for ‘Fix and Flip’ Lending
Clayton Holdings LLC has developed an end-to-end underwriting, valuation and due diligence option for the “fix and flip” lending market.
Read More »Westcor Land Title Appoints New COO
Westcor Land Title Insurance Company has announced the promotion of EVP/Director of Agency Scott Chandler to the position of Chief Operating Officer effective immediately.
Read More »Blackstone Plans to Go Public with Invitation Homes
Investment firm Blackstone Group LP plans to go public with its Invitation Homes unit sometime during the first half of 2017, according to a report from Bloomberg.
Read More »Investigation Shows Castro Violated Hatch Act
The U.S. Office of Special Counsel ruled on Monday that HUD Secretary Julián Castro, who is on Hillary Clinton's short list of possible running mates, violated a law that prohibits federal government employees from engaging in political activity on the job.
Read More »Should Regulations Get Tougher for Wall Street?
In the midst of a heated debate in Congress where Republicans are trying to replace Dodd-Frank with a proposal of their own, a poll showed bi-partisan support for greater financial accountability and tougher regulation.
Read More »Bank of America: Mortgage Production Up, Profits Down
Mortgage production was up for Bank of America in Q2 despite a drop in mortgage income during the quarter as well as a substantial overall drop in profits.
Read More »Owning is Cheaper than Renting in Most States
The combination of rising rents and rock bottom mortgage rates have made it cheaper to own a home than to rent a single-family home in most states, a recent survey showed.
Read More »The Week Ahead: Will Housing Starts Restart?
Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.
Read More »Senate Passes Bill to Reform FHA Housing Policies
A bill offering reforms to some FHA housing policies that passed by a unanimous vote in the House of Representatives has now passed by unanimous consent in the Senate.
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