Citigroup Inc., experienced a substantially profitable third quarter and U.S. Bancorp's earnings marginally increased, while Goldman Sachs fell short of expectations.
Read More »Home Sales Settle in September, But Remain Higher Than Last Year
Home sales in the fall season have cooled down 8.6 percent in September compared to August, but remain 6.8 percent above last years' levels.
Read More »HUD Secretary Castro to Announce Hillary Clinton Endorsement Thursday
HUD Secretary Julián Castro, whose name has been bantered for months as a possible vice presidential candidate, plans to announce his endorsement for former U.S. Secretary of State and Democratic presidential hopeful Hillary Clinton on Thursday.
Read More »Mortgage Credit Availability Drops in Q2
The availability of mortgage credit to borrowers declined slightly in the second quarter of 2015, despite impactful federal efforts to expand the credit box.
Read More »Matt Martin Real Estate Rebrands to Chronos Solutions
Matt Martin Real Estate Management, a national real estate finance services provider, recently announced that the company has changed its name to Chronos Solutions and expanded its brand and service offerings. This update signals the firm's intentions to make its wide array of real estate finance services known to its national market, which will lead to another period of growth.
Read More »ComplianceEase Promotes New Chief Technology Officer
ComplianceEase, a provider of automated compliance solutions to the financial services industry, recently announced that the company's co-founder, Jason Roth, has been named chief technology officer.
Read More »Wells Fargo and BofA Report Strong Q3 Financial Results
Wells Fargo and Bank of America posted strong 2015 third quarter financial results, with net incomes reaching $5.8 billion and $4.5 billion, respectively.
Read More »SFR Rehab Cost May Be Lowered By Removing Waste From Process
With the costs of labor and materials increasing, investors and contractors are constantly searching for ways to lower the cost of doing business when it comes to renovating or rehabbing their rental properties. The key is removing waste from the process.
Read More »JPMorgan Q3 Net Income Rises to $6.8 Billion
JPMorgan Chase, one of the nations largest lenders, announced that their 2015 third quarter net income reached $6.8 billion, or $1.68 a share, up 22 percent year-over-year, according to the bank's earnings statement released Tuesday.
Read More »Homeowners Continue to Overvalue Homes for Eighth Consecutive Month
Homeowners continued to overvalue their homes for the eighth consecutive month in September, while appraiser opinions came in 2 percent lower than owner's perceptions, according to Quicken Loans national Home Price Perception Index.
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