Nomura Settles RMBS Suit With DoJ
Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to [...]
Former Housing Secretary Eyes Presidential Run
Former HUD Secretary Julián Castro said in a recent interview that he is considering challenging President Trump in 2020. We look back at some of the initiatives that he spearheaded [...]
How are Owners Using Their Home Equity?
Consumers are using their home equity loans in multiple ways, according to a new report on home equity and the HELOC market. But these three reasons stand out. The post [...]
The Housing Choices of Older Americans
As senior-held mortgage debt increases, how are the choices made by older American homeowners likely to impact their home equity and their ability to pay off their mortgage before they [...]
Are Inventory Woes Impacting Rental Prices?
A new report shows how much rent prices for single-family homes have changed over the last year. See how favorable economic factors, as well as natural disasters, have affected inventory [...]
HUD’s Human Touch
From launching a photo blog that highlights the lives of the people it serves to HUD Secretary Carson visiting areas affected by Hurricane Florence, the agency is reaching out to [...]
The Effect of Harvey on Home Maintenance
A new report reveals a correlation between Hurricane Harvey and the rise of home maintenance and remodeling projects. How did the hurricane impact the market for renovation? The post The [...]
Pretium Capitalizes on Mortgage Servicing With Selene Acquisition
Pretium Partners, which has close to $10 billion in assets under management, has reached an agreement to purchase Selene Holdings. How will the acquisition complement both major players in the [...]
Northpointe Bank Hires Kate Higgins
Kate Higgins joins Northpointe Bank as a Senior Loan Officer, working with their loan team in Denver, Colorado. Kate Higgins comes from Unibell Financial, Inc., where she worked as a [...]