News / Features

Amidst Lending Overhaul, Bank of America Hosts Investor Meeting at Plaza Hotel

As major financial institutions have received guidance from the federal government pertaining to mortgage regulations, Bank of America is hosting a meeting today at New York City’s Plaza Hotel to present current market strategies to

CLR Says Higher Down Payments will Offset Housing Market

As recent proposals call for homeowners to make ten-to-20 percent down payments on their purchases, the Center for Responsible Lending says this will actually hurt the

Are Mortgage Interest Deductions on the Way Out?

As the Obama administration acts to wind down the role of mortgage behemoths Fannie Mae and Freddie Mac, the loss of the mortgage interest deduction may come as

Builders Call On Congress To Address Housing Lending Crisis

With the housing production credit crisis taking a severe toll on the nation’s small home building firms and threatening future job growth and the fragile economic recovery, the National Association of Home Builders (NAHB) has called on Congress to

First-Time Homebuyers Struggle with Mortgage Qualifications

As reported by Henry Savage in The Washington Times, the tightening of mortgage qualification guidelines has resulted in a downturn of first-time

Obama Administration Releases February Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released yesterday the February edition of the Obama Administration’s Housing Scorecard. The latest housing figures show increased existing home sales as home affordability

Case-Shiller Co-Founder Speaks on Housing Market

As national home prices remain vulnerable, Case-Shiller Index Co-Founder and Yale Economist Robert Shiller speaks on the shaky housing

Keller Williams Realty Announces 2010 Numbers

Keller Williams Realty reported recently at its national convention that it ended 2010 with 79,315 associates, 701 offices, and associate profit share up 7.2 percent, with its agents receiving $34.6 million dollars back. Since the inception of the profit

ForRent.com Unveils Exclusive Partnership with Oodle

For Rent Media Solutions, a leading resource for searching apartments nationwide and a division of Dominion Enterprises, has announced that ForRent.com, the company’s anchor web site, has entered into an exclusive partnership with

Mortgage Applications Cool Down From Last Week

Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the President’s Day

USGBC Releases List of Top 10 States with LEED-Certified Buildings

The U.S. Green Building Council (USGBC) today released its 2010 list of top 10 states for LEED-certified commercial and institutional green buildings per capita, based on the U.S. 2010 Census

HSBC Halts U.S. Foreclosure Activity

According to the Associated Press, London-based HSBC Holdings is suspending foreclosures in the

Census Shows Demographic Shift in Houston

As Houston’s population grows rapidly, the cultural and demographic make-up of the country’s fourth largest city is

NAR Chief Economist: “Fundamentals for Housing Recovery are Developing”

Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of

Housing Affordability Rises to Highest Level in Two Decades

Nationwide housing affordability during the fourth quarter of 2010 rose to its highest level in the 20 years since it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released

New Home Sales Drop in January

According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales fell in January compared to the month

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