Foreclosures | Mortgages | Financing
Wage growth is finally starting to outpace home-price appreciation, breaking a four-year trend. However, affordability continues to be an issue, with 18% of county housing markets unaffordable in the second quarter. …read more
From:: Real Estate Wire
Twilio Inc. priced its initial public offering at $15 a share Wednesday, above the expected range of $12 to $14. The San Francisco-based cloud communications company is seeking to raise around $160 million, which would value it above $1 billion. It will be the first venture-backed tech IPO since Square went public in November. The fast-growing company has posted hefty revenue gains the past three years, posting sales of $49.9 million in 2013, followed by $88.8 million in 2014 and $166.9 million in 2015. Goldman, Sachs & Co. and J.P. Morgan are the lead underwriters. Twilio will list on the New York Stock Exchange under the symbol “TWLO.”
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
A regulatory report indicates that mortgage servicers are continuing to utilize failed technology that has harmed borrowers and violates servicing rules.
The Consumer Financial Protection Bureau issued final servicing rules in 2013 that outlined how mortgage servicers need to handle distressed borrowers.
Since the final mortgage servicing rules took effect in back in January 2014, the bureau has conducted examinations on numerous home loan servicers.
From:: Financing
Well, now it’s official. The National Hockey League announced Wednesday that it will expand in 2017, becoming the first major professional sports league to bring a team to Las Vegas. The league’s announcement brings a nearly two-year journey one step closer to reality for William Foley, the chairman of Fidelity National Financial and Black Knight Financial Services, who will lead the Las Vegas team as its owner. …read more
From:: Real Estate Wire
A pair of polls released late Wednesday showed the “remain” camp with a modest edge over “leave” on the eve of the U.K. referendum on whether to exit the European Union. A ComRes telephone poll conducted for the Daily Mail newspaper and ITV news showed “remain” had extended its lead, with 48% of respondents favoring a stay vote versus 42% for “leave” and 11% undecided. That compares with a 46%-45% edge for remain in the previous ComRes poll released a week ago. A separate YouGov poll released Wednesday showed voters preferring remain by a 51% to 49% margin. Earlier Wednesday, an Opinium survey showed respondents narrowly favored “leave” by 45% to 44%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
A pair of polls released late Wednesday showed the “remain” camp with a modest edge over “leave” on the eve of the U.K. referendum on whether to exit the European Union. A ComRes telephone poll conducted for the Daily Mail newspaper and ITV news showed “remain” had extended its lead, with 48% of respondents favoring a stay vote versus 42% for “leave” and 11% undecided. That compares with a 46%-45% edge for remain in the previous ComRes poll released a week ago. A separate YouGov poll released Wednesday showed voters preferring remain by a 51% to 49% margin. Earlier Wednesday, an Opinium survey showed respondents narrowly favored “leave” by 45% to 44%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
A pair of polls released late Wednesday showed the “remain” camp with a modest edge over “leave” on the eve of the U.K. referendum on whether to exit the European Union. A ComRes telephone poll conducted for the Daily Mail newspaper and ITV news showed “remain” had extended its lead, with 48% of respondents favoring a stay vote versus 42% for “leave” and 11% undecided. That compares with a 46%-45% edge for remain in the previous ComRes poll released a week ago. A separate YouGov poll released Wednesday showed voters preferring remain by a 51% to 49% margin. Earlier Wednesday, an Opinium survey showed respondents narrowly favored “leave” by 45% to 44%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Black Knight Financial Services announced Wednesday that it is continuing its recent expansion efforts with the acquisition of Motivity Solutions, which provides customized mortgage business intelligence analytics to mortgage lenders. Here’s why Black Knight thinks the deal is so significant. …read more
From:: Real Estate Wire
Black Knight Financial Services announced Wednesday that it is continuing its recent expansion efforts with the acquisition of Motivity Solutions, which provides customized mortgage business intelligence analytics to mortgage lenders. Here’s why Black Knight thinks the deal is so significant. …read more
From:: Real Estate Wire
After a 40-year career in the mortgage industry, including 30 years with Fannie Mae, Alex Saphos joins HomeBridge Financial Services. Here’s what he brings to the table, and what it means for the company. …read more
From:: Real Estate Wire