Around The Web

HUD Names New Senior Advisor For Housing Finance

By Brian Honea The U.S. Department of Housing and Urban Development (HUD) has named Richard K. Green, University of Southern California Lusk Center for Real Estate director, as a senior advisor for housing finance, according to an announcement from HUD. The post HUD Names New Senior Advisor For Housing Finance appeared first on DSNews. Via:: HUD Names New Senior Advisor …

Read More »

LenderLive Completes Acquisition of Walz Group

By Brian Honea Denver, Colorado-based end-to-end mortgage services provider LenderLive announced that it has acquired regulatory compliance solutions, full-cycle critical document fulfillment, and Certified Mail Automation provider Walz Group. The post LenderLive Completes Acquisition of Walz Group appeared first on DSNews. Via:: LenderLive Completes Acquisition of Walz Group       

Read More »

Non-Depository Institutions Gaining Higher Share in Mortgage Market

By Brian Honea Last year, in terms of dollar volume, non-banks accounted for over 40 percent of total originations, compared to 12 percent in 2010, the report says. Of the 40 largest servicers, 16 were non-banks, making up 20.5 percent of the market and 28 percent of outstanding top-40 servicing balances, compared to 8 percent in 2010. The post Non-Depository …

Read More »

Construction for April 2015 AT $1.1 Billion Annual Rate

By xhevrije Construction spending during April 2015 was estimated at a seasonally adjusted annual rate of $1,006.1 billion for April, 2.2 percent above March’s revised estimate of $984 billion, the U.S. Census Bureau Department of Commerce announced today. The post Construction for April 2015 AT $1.1 Billion Annual Rate appeared first on theMReport.com. Via:: Construction for April 2015 AT $1.1 …

Read More »

New Home Activity has a Decidedly Southern Drawl

By Jann Swanson Posted To: MND NewsWire The old adage might be “go West” but new home buyers aren’t listening. A recent analysis by CoreLogic shows that the strongest new home sales markets are overwhelmingly in the South, especially Texas and North and South Carolina. New home sales increased nationally in the 12 months ended in January by 3 percent …

Read More »

The FHLBank System Completes First Merger in 80-Year History

By xhevrije The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced today in a press release that it will merge with the Federal Home Loan Bank of Seattle (FHLB Seattle). More details concerning this new combination will be included in a related Form 8-K that FHLB Des Moines will file with the Securities and Exchange Commission. The …

Read More »

Boston Fed President Pleads for a Delayed Rate Increase

By xhevrije Eric Rosengren, president and CEO of the Federal Reserve Bank in Boston, said in his speech called “One Policymaker’s Wait for Better Economic Data” at the Capital Workforce Partners “Workforce Stars” Event in Hartford, Connecticut that, predictions concerning the economy have been much weaker than expected in the first half of this year. He also noted that policymakers …

Read More »