Dallas area housing market to feel a chill

Dallas area housing market to feel a chill

DALLAS (WBAP/KLIF NEWS) — The housing market in North Texas is overheated and homeowners hoping to sell at a nice profit may find the window
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Home buyers set to enjoy mortgage rates below 1pc

Interest rates on typical mortgages could fall below 1pc in the coming months in an unprecedented boost for home buyers, according to analysts at
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SWIFT hopes to thwart fraudsters with detection system in wake of bank heist

Finance messaging giant SWIFT plans new measures to help banks combat fraud after a gang broke into Bangladesh's central bank in February and
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HSBC, PHH Mortgage: Interest Rates for Home Mortgages Sep 20, 2016

The best 30 year fixed rate mortgage interest rates at PHH Mortgage have been published at 3.500% yielding an APR of 3.571%. 15 year loan interest
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Wells Fargo CEO preparing to apologize to Senate committee

Wells Fargo is in the spotlight after its employees allegedly created up to 2 million bank and credit card accounts, transferred customers' money
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European initiative launched to push for energy efficient mortgages

A European initiative which wants energy efficient homeowners to be rewarded by cheaper mortgage rates was launched today. The European
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Training and Events; Non-Agency Primary/Secondary Market Trends; PHH Layoffs

The free monthly conference call of the California Mortgage Bankers Association's Mortgage Quality and Compliance Committee (MQAC) is this
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Mortgage Rates Today, Tuesday, Sept. 20: Waiting on Central Banks

Thirty-year fixed mortgage rates were unchanged, while 15-year fixed home loans were up a tick and 5/1 ARM rates were higher Tuesday, according
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Faced with losing mortgage work, PHH to cut 91 jobs

Faced with losing almost a third of its mortgage subservicing portfolio, PHH Corp. said it would cut 91 of 294 employees in its Buffalo, New York facility
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Freddie Mac September 2016 Outlook

MCLEAN, VA–(Marketwired – Sep 20, 2016) – Freddie Mac ( OTCQB : FMCC ) released today its monthly Outlook for September showing that housing
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Mortgage company laying off workers

Amherst, NY– A national mortgage company will be laying off some of its workers at its Western New York facility. PHH Mortgage on Wehrle Drive will
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Intermediary mortgage sales predicted to further dominate market

Intermediary mortgage sales have scope for significant growth as customers' need for advice increases, according to a senior industry figure.
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Mortgage expert launches start-up to 'pull back the curtain' on industry

When it comes to mortgages, there is little Brian Faux hasn't seen. The 32-year-old worked in the industry before, during and after the 2007 real estate
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Brief: Crowdnetic Teams Up With Cloud Lending Solutions & eOriginal to Launch New Turn-Key …

Cloud Lending Solutions, Crowdnetic, and eOriginal announced on Tuesday the launch of their new collaborated turn-key solution, DigitalLEND.
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Lafayette housing market languishing

Lafayette and its neighbors remain mired among the worst 10 housing markets in America, Nationwide Economics reported Monday. In Nationwide's
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BRIEF-Piramal Enterprises approves proposal to down-sell part of lending p…

LONDON, Sept 20 Dividend yields at British mining companies have hit a five-year low just as cash flows in the sector improve, prompting some
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Two Major Headwinds For The Housing Market

Earlier today, The Commerce Department said residential housing starts slid -5.8% to a 1.14 million annualized rate,missing estimates for 1.190
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Kenya central bank cuts main lending rate to 10.0 pct

NAIROBI, Sept 20 Kenya's central bank cut its benchmark lending rate by 50 basis points to 10.0 percent on Tuesday due to concerns about sluggish
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Wells Fargo CEO John Stumpf Apologizes To Senate Banking Committee For Fake Account Scandal

Wells Fargo chairman and CEO John Stumpf has said he is sorry for his bank opening millions of fake bank accounts for customers. On Tuesday, he is
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Wells Fargo's John Stumpf Takes Center Stage at Senate

The Wells Fargo chief executive has been called to testify before the Senate Banking Committee to discuss allegedly illegal sales practices at Wells
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