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Pending Home Sales Highest in Nearly a Year

by devteam August 28th, 2014

Favorable housing conditions were credited for leading pending home sales higher in July to their best level since August 2013 . Pending sales as measured by purchase contract signings rebounded from a slight dip in June that interrupted three straight

Subservicer and New Jumbo Products; Flagstar and the CFPB; Theory of M&A

by devteam August 28th, 2014

What's this? The borrower receives a cat when their mortgage closes? What would the CFPB say? Will fleas lead to a class action lawsuit a year down the road? Would the DOJ claim canine disparate treatment? Besides, for many people, not receiving a cat

Housing Market Normalizing… Very Slowly

by devteam August 28th, 2014

Freddie Mac said today that the housing recovery continues to be a primarily local phenomenon . While markets with strong economies and favorable demographics are continuing to improve at a strong pace most markets are still generally weak and the housing

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Published by the Federal Reserve Bank of San Francisco

It was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...