Longtime GOP Strategist Steve Schmidt Has Left the Republican Party

Longtime GOP Strategist Steve Schmidt Has Left the Republican Party

Steve Schmidt, a longtime GOP strategist who has been critical of President Trump, renounced his party membership Wednesday in a string of fiery
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Morgan Stanley: Mortgage sizes face big cuts on macroprudential 3.0

Morgan Stanley's analysis estimates the median loan-to-income ratio is 3½ times, about 40 per cent of mortgage holders have a loan-to-income ratio
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Tesla Sues Former Employee It Says Stole Data

Tesla filed a lawsuit against former employee Martin Tripp, alleging that he stole gigabytes worth of data and made false reports to the media.
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More Sales, Higher Prices in Florida Housing Market

… while new townhouse-condo listings increased six percent. If the trend continues, that could mean good news for buyers who have been waiting on
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How to make a competitive offer

Use the Title Company of the seller's choice. The extra cost, if any, will only vary by a few dollars more or less and shows that you are willing to make
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Promontory MortgagePath Launches Online Calculator

“The Mortgage Bankers Association publishes a wealth of data on the cost of origination, and today the average is above $8,000 per loan, when LO
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Redfin's first chief economist, Nela Richardson, leaving real estate company after four years in role

Nela Richardson, the first chief economist at Seattle-based Redfin, is leaving the real estate technology company it was announced on Wednesday.
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ARMCO Promotes Sharon Reichhardt to VP of Client Success

Reichhardt brings more than 25 years of mortgage industry experience to her post. Prior to joining ARMCO, she spent 20 years at EverBank, where
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OPEC Races for Oil Deal as Iran Strikes More Conciliatory Tone

The odds of OPEC reaching an oil-production deal in Vienna this week increased as Iran edged away from a threat to veto any agreement to raise
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Town Sports International (CLUB) Sets New 12-Month High Following Insider Buying Activity

Shares of Town Sports International Holdings, Inc. (NASDAQ:CLUB) hit a new 52-week high during mid-day trading on Monday following insider
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Walker & Dunlop playing key role in Freddie Mac affordable-housing program

Walker & Dunlop, Inc. has been approved as a seller/servicer under Freddie Mac's Affordable Single-Family Rental pilot program, which is intended to
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To Kwa Wan flats could go on sale below market rate in second such scheme under Hong Kong's …

Flats from a housing redevelopment project in Hong Kong's To Kwa Wan could be sold later this year at prices lower than the market rate in only the
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LA County's top 5 multifamily investment sales in May

A partnership between Canyon Properties, Canyon Partners' real estate arm, and CIT Bank paid $23.5 million for a 177-unit multifamily apartment
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Kurdish man reunites small fortune in cash and gold found on Duhok streets with owner

ERBIL (Kurdistan 24) – A Kurdish man is being praised for finding the owner of a small fortune accidentally dropped in the streets of Duhok and
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RERA: Find real state of Punjab's real estate

The Real Estate Regulatory Authority (RERA) of Punjab has cracked the whip on builders of 500 real estate projects in the state, asking them to get
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How to Keep Google Home and Chromecast From Giving Hackers Your Location

Google Home and Chromecast users are susceptible to a location privacy leak. The bug was discovered in May, but Google declined to comment until
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United Community Banks, Inc. Appoints Two New Board Members, Lance F. Drummond and …

Mr. Drummond also serves as board member of the Federal Home Loan Mortgage Corporation (Freddie Mac) and a Trustee for the University of
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Smart speakers present new banking option

“Big banks and financial companies have started to offer banking through virtual assistants — Amazon's Alexa, Apple's Siri, and Google's Assistant
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BC creates public registry to track real estate owners

The B.C. government is looking to launch a new registry, open to the public, that will list anyone who owns real estate in the province. The registry, a
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Why Home Prices Have Nowhere to Go But Up

… is that borrowing costs are higher—the average rate on a 30-year fixed mortgage is now 4.62% versus 3.91% a year ago, according to Freddie Mac.
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