The bulletin is a stern warning about the federal prohibition on mortgage kickbacks and referral fees, and describes examples from the bureau’s enforcement experience as well as the risks faced by lenders entering into these agreements.
As Amazon describes it, it is a managed cloud platform “that lets connected devices easily and securely interact with cloud applications and other devices.” The platform, which is launching in beta, will be able to support billions of devices and trillions of messages, “and can process and route those messages to AWS endpoints and to other devices reliably and securely.”
A voting member of the Federal Reserve's policy committee said Friday that he believes the economy is on a satisfactory track and that an increase in interest rates is likely to be appropriate in either October or December.
The expressway became congested with thousands of motorists after a new checkpoint caused traffic to merge down to 20 lanes, creating a bottleneck that backed up traffic for hours, according to The People's Daily.
Amazon surprised developers today with the launch of Snowball, a new physical appliance that will allow AWS users to ship huge amounts of data for import into AWS by shipping the device back and forth between their offices and the AWS data centers.
Precisely 20,050 U.S. residential properties in the foreclosure process — but not yet repossessed by the foreclosing lender — were vacant “zombie” homes as of the end of the third quarter of 2015, down 27% from the previous quarter and down 43% from a year ago, RealtyTrac reports.
Clayton Holdings, a provider of loan due diligence and services to the mortgage and real estate industries, announced it acquired ValuAmerica, a Pittsburgh-based, national title agency, appraisal management company and technology provider.
After a summer of subdued or declining activity, mortgage applications increased 25.5% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Oct. 2, 2015.
The European Court of Justice has just ruled that the transatlantic Safe Harbour agreement, which lets American companies use a single standard for consumer privacy and data storage in both the US and Europe, is invalid. The ruling came after Edward Snowden's NSA leaks showed that European data stored by US companies was not safe from surveillance that would be illegal in Europe.
With the money from Deutsche Telekom, DocuSign has raised more than $300 million in its series F round, bringing total capital raised to $525 million. DocuSign previously commanded a $3 billion valuation, making it one of the so-called “unicorn” companies.
"Our vision is to deliver a diversified lending model sustainable in all market conditions. We look forward to leading the development of marketplace lending through the introduction of new products and services that provide credit solutions for borrowers with attractive returns for investors," said Anthony Hsieh, CEO and chairman of loanDepot.
Distressed sales, which include real estate-owned properties and short sales, accounted for 9.4% of total home sales nationally in July 2015, down 2.1 percentage points from July 2014 and down 0.4 percentage points from June 2015, CoreLogic reports.
As technology giants accelerate humanity towards a driverless car future, where we are conditioned to keep our eyeballs on our devices while algorithms take the wheel and navigate the vagaries of the open road, safety questions crash headlong into ethical and philosophical considerations.
The C.A.R. forecast sees an increase in existing home sales of 6.3 percent next year to reach 433,000 units, up from the projected 2015 sales figure of 407,500 homes sold. Sales in 2015 also will be up 6.3 percent from the 383,300 existing, single-family homes sold in 2014.
The company's site is located at the somewhat unconventional ABC.xyz web domain; the perhaps more logical Alphabet.com is owned by BMW (and it will likely stay that way), and abc.com is owned by TV network ABC. Earlier this week, however, Domain Investing found out that Google bought at least one other alphabet-y domain name: abcdefghijklmnopqrstuvwxyz.com.
The roof is the most striking part of the development, with one long strip of garden running over the tops of all three buildings. The bridge sections are supported by cables strung from arches, like a suspension bridge, and the land will be planted with trees and plants.
Defying the threat of a White House veto, the House on Wednesday afternoon passed bipartisan legislation to help homebuyers avoid delays and disruptions when closing on their new homes by a bipartisan vote of 303-121.
Aiming to provide lenders with “more clarity and transparency” and encourage increased access to credit to worth borrowers, Fannie Mae and Freddie Mac announced a set of new policies pertaining to mortgage buybacks.
"Our goal is to embed circular economic principles into the fabric of Google’s infrastructure, operations, and culture," says Kate Brandt, Google's sustainability lead. "What that means is that we'll be focusing on opportunities wherever possible to eradicate waste through smart design—at our data centers, in our kitchens, on our campuses, in all we do around the world."
Oct 6 The number of buyers paying cash for U.S. homes since the start of 2014 through May has increased to one-third of all sales, up from 20 percent in 2005, said RealtyTrac, a provider of real estate data and analytics, on Tuesday.
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