Lowe's first quarter profit was 14% higher year-over-year due to unseasonably warm weather in the quarter, but the company lowered its expectations for 2012 in its latest earnings release, citing "a cautious view of the housing and macro demand environment." read more […]
Lockhart spoke to the Institute of Regulation & Risk in Tokyo, telling the audience his economic outlook shows modest growth over the next few years. And while there is no need for QE3 right now, it is too soon to say the Fed will never acquire large assets again as a tool for economic stimulus. read more […]
Fitch Ratings downgraded Litton Loan Servicing's residential mortgage servicer ratings in the wake of Ocwen Financial Corp. acquiring Litton's residential servicing platform. read more […]
Iowa Attorney General Tom Miller defends the $25 billion robo-signing settlement with the five largest mortgage servicers. Miller talked with HousingWire about the settlement in this exclusive video. read more […]
As Facebook and its social media and tech brethren boom, so, too, does the housing market in Silicon Valley and the San Francisco Bay Area. read more […]