New home sales plummeted in April from the previous month, possibly showing a new cooling in the market. As home sales dropped, so did home prices even as housing inventory increased. But does this mean the market is cooling off? Perhaps only time will tell.
The president released his official full budget, and Treasury Secretary Steven Mnuchin expressed his full support. The secretary explains the budget’s cuts will encourage increasing efficiencies and decreasing the nation’s debt. But not everyone agrees.
The highly contested leadership structure of the Consumer Financial Protection Bureau should be a bipartisan commission if it was up to voters to decide. The Consumer Bankers Association, the Independent Community Bankers of America, and the American Land Title Association teamed up to commission a poll of registered voters in key battleground states. Ever wonder… Continue reading Consumer survey: Voters say CFPB should be run by a bipartisan commission
The Consumer Financial Protection Bureau’s moment of truth (in the courtroom, at least) is coming this week as the full Court of Appeals for the District of Columbia Circuit is set to rehear the landmark challenge to the agency’s constitutionality brought by PHH Corp. Here’s a breakdown of the case and a view of what’s… Continue reading Court of Appeals set to hear landmark challenge to CFPB constitutionality
An interactive tool from NAR shows the need for new housing in different counties across the U.S. compared to the number of new building permits issued. Since the housing crisis, the number of counties hitting their peak levels of building permits decreased substantially.
ServiceLink, the provider of transaction services to the mortgage and finance industries, is getting into the auction business thanks to its parent company buying one of the country’s top auction companies. On Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall. Click the headline… Continue reading Fidelity National Financial acquires Hudson & Marshall
Embrace Home Loans announced it added a new branch in Washington D.C. in order to accommodate and connect with more buyers in the area. “Our goal is to not only cultivate relationships with local real estate agents and buyers, but also to serve the diverse cultural needs of D.C. and the surrounding communities,” said Margie… Continue reading Embrace Home Loans adds new branch in Washington D.C.