State auctioning swaths of trust land in response to Tucson's booming housing market

State auctioning swaths of trust land in response to Tucson's booming housing market

“I'm particularly pleased with the results of this auction in Southern Arizona,” Atkins said. “It's solid evidence of Tucson's strong market for new housing.
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The Trump Tax Cuts Were Supposed to Depress Housing Prices. They Haven't.

WASHINGTON — It wasn't supposed to take long for the Trump tax cuts to hobble housing prices, particularly in the high-tax, high-cost metro areas
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Zelman: Builder Price Moves Could Reboot SF Mojo

Here's a few samples of Zelman & Associates commentary on a series of mid-year fits and starts in a housing market that has been expected to enjoy
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Keeping Pace With Digitization in Mortgage Lending

We are just over halfway into 2018, and it's already proving to be a transformational year in the mortgage space, especially for technology adoption.
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Medicare fraud

Wire fraud committed through business email compromise schemes has emerged as a serious threat to mortgage and real estate transactions.
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Mortgage Rates Hold Lower to Start the Week

Here we go with another week. Current mortgage rates have decreased slightly over the past couple of weeks and are holding at those levels today.
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Morning Scan Lending rebound fades; Wells cuts jobs in mortgage unit

Where's the boom?: A “promising rebound” in loan growth that was supposed to help local and regional banks “appears to be fading,” which “could
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US Mortgage Industry Conditions Improved Slightly In Q2, But Wells Fargo Isn't Very Optimistic …

The U.S. mortgage industry witnessed a recovery in activity levels over the second quarter, as an upbeat economic outlook helped total mortgage
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RoundPoint Mortgage Servicing Adds New Talent to its Executive Team

Bryan Camilli has joined RoundPoint Mortgage Servicing Corp. (RPMS) as vice president of agency relationships. In addition, Cindy McGovern has
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Factory slowdown was behind a July slowdown for Chicago Fed's national economic index

The numbers: A measure of the U.S. economy from the Chicago Federal Reserve slowed in July from June's robust performance, owed in large part to
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CFPB's student loan ombudsman resigns in scathing letter to Mulvaney

Frotman has spent seven years in the CFPB's student lending office. The unit had much of its authority gutted under administrative changes Mulvaney
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GSE reform could increase costs to borrowers: CBO

WASHINGTON — The Congressional Budget Office has found that restructuring the mortgage market would save the government tens of billions of
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Mortgage Network announces new branch manager

Mortgage Network Inc. announced that Chris Horley has joined the company as manager of its new Newport, R.I., branch office. Read on to learn more
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Student Loan Watchdog Quits; Blames Trump Administration

The federal official in charge of protecting student borrowers from predatory lending practices has stepped down. In a scathing resignation letter, Seth
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Realtors Now See a 1% Decline in 2018 Existing Home Sales

Lawrence Yun's outlook for 2019, with an anticipated rise in inventory and moderate price growth, foresees home sales rising 2% while home prices
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Diebold Nixdorf says it has secured lending

GREEN Diebold Nixdorf announced Monday morning that it has secured financing and will be adjusting its existing credit agreement. The company
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Rising rents continue to limit housing options

“Prices are going up everywhere,” he said. “The housing market is tight and rents are going up. It is happening all over Amesbury, Newburyport,
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Dallas area's hot home market appears headed for a slowdown

Is the housing boom running out of gas? During the last few years, the home market has been on a tear in North Texas and in other parts of the country
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Wells Layoffs; Broker Product; Servicing Buyers and Sellers Wanted

Inside Mortgage Finance reports that there were $97 billion of bulk MSR transfers in 2Q18, bringing the year-to-date volume to $193 billion. IMF thinks
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WisdomTree's Gannatti Sees No Risk of Recession in Europe

… talks about equity valuations in Europe and says there's no indication of a recession. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
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