Investing

Chinese Interest in Canadian Real Estate Is Still Strong

According to the latest news report, both Vancouver and Toronto are forecast to be this year's most popular destinations for Chinese overseas property investment.

Home Builders Announce Housing Finance System Reform Plan

The National Association of Home Builders (NAHB) today announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages.

Moody's Downgrades Wells Fargo Servicer Rating on Loan Performance

The deteriorating performance of certain prime and subprime loans serviced by Wells Fargo ($31.54 0.25%) prompted Moody's Investors Service to downgrade the bank's servicer ratings.