Finance & Mortgage
Update: Fannie Mae and Freddie Mac Elimination bill to be discussed in senate
Housing markets improving across states in US, Freddie Mac survey
Barclays PLC to settle lawsuit with FHFA for $280 million
EDITOR'S PICKS
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Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
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Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
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James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
The average long term fixed mortgage rates went up this week as the housing market slowed down a little. The average 30-year interest rates went up to reach 4.33 percent from the 4.27 last week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). London’s Gherkin Building placed into receivership as owners go bankrupt
The famous Gherkin Building at 30 St. Mary Axe, in London has reportedly been placed into a receivership after VG Immobilien AG, owners of the building defaulted on a loan it took to purchase the building. March housing trend report: Existing home sales remain flat, modest price rise and growth in inventory
The National Association of Realtors (NAR) revealed in its March housing trend report that existing home sales were relatively flat in the month, with home prices seeing a slight gain and growth in inventory as well. Clinton Portis, former NFL star, sells Miami condo to avoid foreclosure
Clinton Portis, former running back who played in nine NFL seasons, has avoided a foreclosure on his condominium in Bristol Tower in Miami by selling it for $900,000, reports the South Florida Business Journal. Vornado Realty Trust to spin off shopping strip into new REIT
Vornado Realty Trust, the popular New York-based real estate investment firm, has announced that it will be combining its strip shopping businesses consisting of about 81 open shopping centers and four malls to create a new Real Estate Investment Trust (REIT). UK housing market gathers pace in March
British house prices unexpectedly picked up speed in March and sales reached a six-year high, a survey showed on Thursday, suggesting the market is still firmly on the rise, after recent releases indicated a slight loss in momentum. Wells Fargo profit beats estimates, helped by one-time gains
Wells Fargo & Co, the biggest U.S. mortgage lender, reported a higher-than-expected 14 percent rise in first-quarter net profit, as a series of one-time gains helped offset the continued slowdown in its home loan business. JPMorgan profit weaker than expected as trading revenue falls
JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. Canadian new housing prices remain tame in February
The price of new Canadian homes rose 0.2 percent in February from January, topping expectations of a 0.1 percent gain after January's 0.3 percent increase, according to Statistics Canada data on Thursday. Wall Street dips after rally, biotechs drag Nasdaq
U.S. stocks dipped on Thursday, with the Nasdaq underperforming other major indexes, as investors once again rotated into defensive names and sold momentum-driven stocks.
