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Last year was profitable for independent mortgage banks and the mortgage subsidiaries of chartered banks, according to new data from the Mortgage Bankers Association (MBA)

Home Prices Continue Their Ascension

Home prices are showing no signs of falling, according to the

Yin-Yang

The Yin-Yang Housing Market?

The latest industry data offered a classic case of yin-yang, with good news and bad news in an equal balance.

Neel Kashkari

Minneapolis Fed Chief: Break Up the Too Big to Fail Banks

In his first speech as the new president of the Minneapolis Federal Reserve, Neel Kashkari took on a strikingly political edge by complaining about the limits in enforcing the Too Big to Fail (TBTF) aspect of a Dodd-Frank Act.

The convoluted efforts to foreclosure on Long Island’s historic Oheka Castle estate became more complicated as the property’s owner sued to dismiss the action and seek $10 million in damages from the servicer handling the case

Oheka Castle Foreclosure Case Takes New Turn

The convoluted efforts to foreclosure on Long Island’s historic Oheka Castle estate became more complicated as the property’s owner sued to dismiss the action and seek $10 million in damages from the servicer handling the case.

The Atlanta metro area’s housing market is experiencing something of a seesaw, with fewer home sales but more expensive home prices

Atlanta Housing: Fewer Sales, Higher Prices

The Atlanta metro area’s housing market is experiencing something of a seesaw, with fewer home sales but more expensive home prices.

Federal Reserve Chairwoman Janet Yellen continued to stir speculation on another federal funds rate increase this year by suggesting the argument supporting this action has grown stronger

Yellen Hints at Possible Rate Hike

Federal Reserve Chairwoman Janet Yellen continued to stir speculation on another federal funds rate increase this year by suggesting the argument supporting this action has grown stronger.

The multifamily market took a slight dent in confidence as the National Association of Home Builders (NAHB) reported its Multifamily Production Index (MPI) dropped three points during the second quarter to a reading of 50

Multifamily Production Index Takes a Q2 Dip

The multifamily market took a slight dent in confidence as the

One of the most dramatic lawsuits stemming from the housing bubble meltdown came to an abrupt close with news of a settlement that brings an ongoing civil trial to a close

PwC Settles Taylor Bean Lawsuit

One of the most dramatic lawsuits stemming from the housing bubble meltdown came to an abrupt close with news of a settlement that brings an ongoing civil trial to a close.

For those of you that spend too much time on Facebook—and, yes, you know who you are!—you can now keep track of Janet Yellen and her gang via the Federal Reserve Board’s newly launched Facebook page

You Can Now Like the Fed on Facebook

For those of you that spend too much time on Facebook—and, yes, you know who you are!—you can now keep track of Janet Yellen and her gang via the Federal Reserve Board’s

CoreLogic

Mortgage Rates Unchanged, Cash Sales Down

There was a bit of déjà vu going on in the latest Freddie

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