New House Sales Skyrocket in September

New House Sales Skyrocket in September

Brent Nyitray, Director of capital markets at iServe Residential Lending, greeted the news with a dose of skepticism. Writing in his daily e-newsletter,
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raceAhead: The NAACP Calls Out American Airlines, Issa Rae's Empire Grows, Kaepernick Gets a …

On Tuesday, the NAACP issued a strongly worded travel advisory warning African Americans to consider their safety and dignity when traveling on
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Progress is slow lifting the compliance haze on marijuana mortgages

The federal versus state conflict on legal cannabis has put marijuana businesses and their workers in a bind. Banks will not establish deposit
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See Photos of Tech Companies' Futuristic Headquarters

The bids for Amazon's second headquarters are in. The most promising cities in contention are New York, Dallas, Washington D.C., Boston, Chicago,
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Mel Watt: Whether GSEs Should Use Alternative Credit Scoring Models is 'Touch Decision'

Whether government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should pave the way for the use of alternative credit scoring models
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Mortgage Applications Down Again

Mortgage applications fell for the fifth time in six weeks, according to new data … “Rates increased late last week as the market responded to news of a
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This US City Is Now Issuing $35 Tickets for Walking While Texting

If you're in Honolulu, Hawaii and, like many people, you have a habit of crossing the street while staring at your smartphone, you might be in trouble.
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GE Follows Up Apple Partnership With a New Deal Involving Microsoft

General Electric and Microsoft are due to announce a deeper partnership involving GE's Predix industrial Internet platform and Microsoft's Azure cloud
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August FHFA Home Price Index Up 0.7% from July

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.
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Current Mortgage Rates for Wednesday, October 25, 2017

Tomorrow we get the Freddie Mac Primary Mortgage Market Survey (PMMS) so we'll see what kind of impact the bond sell-off this past week has had
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Stevens to Retire From MBA Leadership Role

David H. Stevens has announced that he will retire as President and Chief Executive of the Mortgage Bankers Association (MBA) on Sept. 30, 2018.
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Home Prices Continue Defying Gravity (and Predictions)

… sales information from purchase mortgages sold to or guaranteed by the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
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GrubHub Is Still Very Hungry for Restaurants and Deals to Stave Off Amazon and Uber

Online food delivery company GrubHub forecast current-quarter revenue above estimates and said it would look at buying smaller rivals to reach more
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Real estate firm's new space all about collaboration

Coldwell Banker Plaza Real Estate CEO John McKenzie stands outside the firm's new office building near the corner of Ridge Road and 37th Street
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Amazon HQ2 Is Roiling These Mayoral Races

The application window for Amazon's second headquarters location has already closed, but the fervor surrounding the bidding war hasn't died down
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FHFA adds preferred language question to loan application

The move is part of a broader effort by the FHFA, together with Fannie Mae and Freddie Mac, to help limited English proficient (LEP) borrowers in the
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This Noise-Canceling Fork Masks Slurping Sounds

Everyone knows that one guy who slurps his soup just a little too loud (or way too loud). Now's there's a solution for the problem: a noise-canceling
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MBA's Stevens to Retire

He started his mortgage career as a loan officer in Denver in the 1980s and later joined Freddie Mac where he headed its Single-Family Business.
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Uber Sued For Alleged Racial, Gender Discrimination

Three women engineers have sued Uber for discrimination based of their gender and race, the latest blow to the ride-services company that is
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10 reasons why international retailers should expand to Australia

10 reasons why international retailers should expand to Australia … Here's a breakdown of what Australian consumers are buying and who they are
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