Mortgage lenders facing persistent origination expenses are getting new ways to purchase credit data and scores. Equifax, Experian and TransUnion have each announced products or pricing terms intended to reduce the cost of evaluating borrowers before a loan moves to...
Florida’s residential market lost momentum in September even as third-quarter closings held near last year’s levels, a distinction that matters for brokers trying to judge whether the state’s cooling period is giving way to another leg down. Figures...
Miami-Dade County has already exceeded its annual record for home sales priced at $30 million or more, even as the broader residential market struggles with higher borrowing costs and fewer transactions. Through September, the county recorded 24 single-family and...
Travelers reported higher catastrophe losses in the third quarter, but stronger investment income and favorable reserve development helped the property insurer deliver improved earnings. Its comments on homeowners coverage also offered a window into an insurance...
Citizens Financial Group reported a 29% increase in quarterly profit Friday, supported by higher interest income and growing loan balances, while mortgage banking fees remained a weak spot in the bank’s revenue mix. The Providence-based company earned $636...
Spain’s Housing Decree Restricts Discounted Property Deals and Backs …
