HousingWire, Mar. 9, 2016–Thompson, Kelsey
Primary new mortgage insurance grew 5.5% from last year, inching up from $165.8 billion to $174.9 billion, MGIC Investment’s February operational summery of its insurance subsidiaries for its primary mortgage insurance reported.
Wall Street Journal, Mar. 9, 2016–Kusisto, Laura
Renting is less and less confined to the high rises of Manhattan or brick-apartment blocks of downtown Chicago and spreading further into the single-family homes of the American suburbs.
Wall Street Journal, Mar. 9, 2016–Morath, Eric
Pay for workers in more than one in eight large U.S. counties rose faster than 4% in the third quarter of 2015 from a year earlier, showing pockets of the country are experiencing outsized gains amid tepid overall growth.
National Mortgage Professional, Mar. 9, 2016–Hall, Phil
The latest industry data offered a classic case of yin-yang, with good news and bad news in an equal balance.
National Mortgage News, Mar. 9, 2016–Peters, Andy
Radian Group named Jeff Tennyson interim president for its Clayton Holdings unit after its previous president quit.
Wall Street Journal, Mar. 9, 2016–Rexrode, Christina; Glazer, Emily
Of $109.96 billion of federal fines related to the housing crisis since 2010, roughly $50 billion ended up with the U.S. government with little disclosure of what happened next.
Retuers, Mar. 10, 2016–Mukherjee, Aurindom
California’s public pension system, Calpers, said it reached a $130 million settlement with Moody’s and Moody’s Investors’ Service to resolve a case involving inflated grades of residential mortgage deals that later faltered.
DS News, Mar. 9, 2016–Honea, Brian
Consumer Financial Protection Bureau Director Richard Cordray called attention to the mortgage industry, particularly lenders, in a speech on Wednesday, where he highlighted some of the progress and pitfalls that the housing market faces.
Wall Street Journal, Mar. 9, 2016–Martin, Anya
As winter draws to a close, homeowners coming out of hibernation are looking for new homes. And those who sleep too late can expect to pay top dollar for the house they want.
National Mortgage News, Mar. 9, 2016–Finkelstein, Brad
PHH, which lost $145 million in 2015, has hired Credit Suisse and JPMorgan to help it review all of its options, including capital allocation, to maximize shareholder value.
