Finance & Mortgage

Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving

Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®.

Mortgage Settlement: Details May Not Yet Be Finalized, Says American Banker

A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement

$8.2 million package from U.S. Bank Adding Expansion of Largest Homeless Shelters in the Midwest

Omaha’s Siena/Francis House to Break Ground on New Housing and Community Services Facility An $8. 2 million financing package from U. S. Bank (NYSE: USB) will enable Omaha's Siena/Francis House (SFH) to provide services for the chronically homeless who are disabled or have a severe mental illness.