California-based First Mortgage Corporation, a lender that issued Ginnie Mae RMBS backed by loans it originated, has agreed to pay $12.7 million to settle fraud charges brought on by the SEC.
Read More »Are Current Home Prices Sustainable?
Home prices have entered into peak levels not witnessed since 2006, causing a growing concern in the industry about the long-term sustainability of current home prices.
Read More »Construction Spending Takes a Tumble
Just when the industry was beginning to feel hopeful about more dollars being poured into the construction sector, spending in this area reversed course.
Read More »Bank of America Directs Relief to Hardest Hit Areas
Under the terms of its 2014 RMBS settlement, Bank of America is continuing to provide relief to consumers in the areas most affected by the foreclosure crisis.
Read More »Will Dodd-Frank be Out of the Picture Soon?
While Republicans have been trying to roll back parts of the Dodd-Frank Act since it was passed in 2010, in the next couple of weeks they have promised that some massive reform proposals are coming.
Read More »Builders Faced With Worst Lot Shortages Ever
Home builders have hit a major roadblock. New data from the National Association of Home Builders showed that the biggest issue among builders is the lack of available lots to build.
Read More »The Truth About Millennials Who Live at Home
For the first time in modern history, millennials who live with their parents beats out other living arrangements. So why is this generation not leaving their parent's nest?
Read More »A2Z Field Services Welcomes New Director of Sales
A2Z Field Services announced that Tony D’Aurelio has joined the company as the Director of Sales.
Read More »What do Slow Home Price Gains Mean for the Market?
Home prices continued their upward climb in March but did so at much slower pace than usual for the second consecutive month, leading industry experts to believe that the market is beginning to stabilize.
Read More »High Rents May Force Buyers Into the Market
The increasing cost of rental housing is prompting a larger number of consumers to go searching for a home to buy.
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