Wednesday, September 2, 2015

Auction.com: Are existing-home sales cooling off?

Existing-home sales are projected to fall between seasonally adjusted annual rates of 5.46 and 5.86 million annual sales in August as the market starts to potentially cool off.

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Mortgage applications jump 11.3% in last week of August

After several weeks of shrinkage, flat or very tepid gains through July and much of August, mortgage applications jumped a sharp 11.3% in the last week of August. Here’s what happened and what it means going forward.

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Tuesday, September 1, 2015

For sale: Babe Ruth’s NYC apartment

Interested in owning a little piece of New York Yankees’ history? Well, you’re in luck because you can buy the New York apartment built and once owned by Babe Ruth. The price tag for the “home that Ruth Built” on the Upper West Side? $1.595 million.

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Zillow: Mortgage access remains a barrier to potential buyers

It had been getting progressively easier to obtain a mortgage since 2012, but the first several months of this year marked a pause in easing access to mortgage credit. Still obstacle remain, but what are they really? Analysts disagree.

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M&T Bank reaches settlement over discriminatory lending charges

M&T Bank Corporation reached a settlement agreement over discriminatory lending charges with the Fair Housing Justice Center. The settlement includes a nearly half-million dollar fine and several other stipulations.

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TitleOne acquires Sun Valley Title Company

TitleOne, an Idaho-based provider of title insurance and settlement services, announced the acquisition of Sun Valley Title Company. With the expansion, TitleOne now has 15 total offices and more than 200 employees in 14 Idaho counties.

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HUD proposes new rules for FHA loans

Answering questions raised by, amongst others, leading Democrats in the House and Senate, Department of Housing and Urban Development released a revision to its previously announced changes to the rules for lenders that remit loans to the Federal Housing Administration. Click here to read about how the FHA’s rules are about to change.

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