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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.

Mortgage rates continue to remain at historic lows, but Freddie Mac is insisting that this situation is helping to stabilize the housing market

Freddie Mac: Low Rates Create Strong Housing Markets

Mortgage rates continue to remain at historic lows, but Freddie Mac is insisting that this situation is helping to stabilize the housing market.

Distressed sales accounted for 7.8 percent of total home sales nationally in June, according to new data from CoreLogic

Distressed Sales Continue to Decline

Distressed sales accounted for 7.8 percent of total home sales nationally in June, according to new data from

Mortgage rates continue to remain at historic lows, but Freddie Mac is insisting that this situation is helping to stabilize the housing market

Pending Home Sales Sink Again

For the third time in four months, the level of pending home sales has been in a slump.

Three European banks are working to resolve longstanding charges connected to their U.S. mortgage-backed securities (MBS) activities in the period prior to the 2008 financial meltdown

European Banks Aim to Settle U.S. Mortgage Claims

Three European banks are working to resolve longstanding charges connected to their U.S. mortgage-backed securities (MBS) activities in the period prior to the 2008 financial meltdown.

Construction employment in August saw its smallest year-over-year increase in nearly three-and-a-half years due to a shortage of available qualified workers, according to a new analysis of federal employment data released by the Associated General Contrac

Construction Employment Posts Weak Gains

Construction employment in August saw its smallest year-over-year increase in nearly three-and-a-half years due to a shortage of available qualified workers, according to a new analysis of federal employment data released by the

Twenty-four percent of U.S. county housing markets were less affordable than their historic affordability averages during the third quarter

Lack of Affordable Homeownership at Seven-Year High

Twenty-four percent of U.S.

Janet Yellen has assured Congress that the Federal Reserve is not operating on a "fixed timetable" when it comes to determining when to initiate rate hikes

Yellen on Capitol Hill: No Timetable on Rate Hikes

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