Foreclosures | Mortgages | Financing
Financial market conditions appear to be improving as 2016 progresses, but economic growth is expected to remain flat at 2.0 percent this year. Weakness in net exports and oil-related nonresidential investment as well as the ongoing inventory correction process after unsustainable accumulations during the first half of 2015 should combine to drag on growth, according […] …read more
From:: Finance and Economy
CHICAGO (MarketWatch) — Sherwin-Williams said Sunday that it has reached a deal to acquire paint-industry rival Valspar in a deal it valued at $11.3 billion. Sherwin-Williams , based in Cleveland, said it would pay $113 in cash for each share of Valspar, whose headquarters are in Minneapolis. Valspar’s stock closed Friday at $83.83 and notched a 52-week high of $88.17 in November. The companies said they will host a conference call Monday at 8 a.m. Eastern time to further detail the transaction.
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 California woman will spend the next 14 years in prison after being convicted for her role in a mortgage fraud scheme that involved straw buyers and cost financial institutions over $16 million. …read more
From:: Real Estate Wire
Nearly three quarters of renters feel that renting is a more affordable choice than homeownership, even though it’s more affordable to buy. Here are the four financial hurdles renters who plan to buy in the next three years indicate they still have to overcome. …read more
From:: Real Estate Wire
In a big upset, the 15th-seeded Middle Tennessee State defeated the second seed, Michigan State, 90-81 in the Midwest Regional of the NCAA Tournament. After a strong early start, Middle Tennessee withstood a Michigan State late rally to advance. Middle Tennessee advances to take on Syracuse in the next round.
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
In the latest deal in Fannie Mae’s risk-sharing program, the government-sponsored enterprise shifted a portion of credit risk on pools of single-family loans with a combined unpaid principal balance of approximately $19.5 billion to a group of insurers and reinsurers, marking the largest transaction of its kind to date. …read more
From:: Real Estate Wire
In the latest deal in Fannie Mae’s risk-sharing program, the government-sponsored enterprise shifted a portion of credit risk on pools of single-family loans with a combined unpaid principal balance of approximately $19.5 billion to a group of insurers and reinsurers, marking the largest transaction of its kind to date. …read more
From:: Real Estate Wire
Consumers put their trust in the real estate professionals they work with to guide them through the complex process of buying a home, but that trust is being betrayed by scammers posing as real estate agents Realtors, and title insurance companies to steal consumers’ closing costs. …read more
From:: Real Estate Wire
Oil futures settled lower Friday, pulling back from a rally a day earlier, as Baker Hughes reported the first weekly rise in the U.S. oil drilling rig count this year. April West Texas Intermediate crude fell 76 cents, or 1.9%, to settle at $39.44 a barrel on the New York Mercantile Exchange. For the week, prices on the most-active contracts gained roughly 6.9% but the April contract itself, which expires at Monday’s settlement, tacked on about 2.4%.
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
Gold futures fell on Friday to finish the week with a loss of roughly 0.4%. Prices saw a pullback in the wake of the 2.9% rally a day earlier, when gold got a boost as the U.S. Federal Reserve cut its interest-rate hike expectations. April gold settled at $1,254.30 an ounce, down $10.70, or 0.9%, for the session.
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