Category: Finance
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OCWEN: Portfolio Sold to Walter Investment Management
OCWEN has been in the spotlight heavily this week with major announcements regarding the selling of its portfolios. Most recently, the mortgage loan servicing giant announced this morning that Walter Investment Management will purchase a $9.6 billion mortgage servicing rights portfolio.
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MIT Announces Real Estate Finance and Development Certificate
MIT has announced a summer certificate program for individuals in the real estate industry. The private research university is collaborating with the MIT Center for Real Estate to create the program.
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DOJ: Pay Back Agreement for MetLife
Today, the Department of Justice (DOJ) made a major announcement regarding a settlement involving mortgages that spurred the financial crisis of 2008.
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Freddie Mac: Net Income of $7.7 Billion Reported for 2014
Today, Freddie Mac announced its net income for 2014 which amounted to $7.7 billion, down $41 billion from the financial results of 2013.
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3 Active Ways To Combat On-The-Job Sleepiness
Real estate agents with busy schedules can probably relate to daytime sleepiness. When they’re in the field, it is imperative stay alert and ready to work.
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Impact Investment Fund Tripled in Last 12 Months
The U.S. Small Business Administration (SBA) has announced today the threefold growth of the Impact Investment Fund of the Small Business Investment Company (SBIC) program. In the last 12 months, the fund has tripled.
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Breaking News: President Obama To Announce Decrease In FHA Premiums
In an effort to make home buying more accessible for first-timers, President Barack Obama has set out to decrease the Federal Housing Administration (FHA) mortgage-insurance premiums. The annual fees the FHA charges will be dropped by o.5 percentage points, according to two people with knowledge of Obama’s plans. The…
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Study Finds Minority- and Women-owned Businesses Receive Less Funding
As our previous blog posts have mentioned, many women business owners across the board are receiving less funding for their companies than men. The reasons vary and, unfortunately, it hurts women-owned start-up businesses that could otherwise thrive from the additional resources.
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News Corp. buys Move Inc. for $950 Million
Big changes are coming for the online world of real estate.
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Global Banking Alliance Secures Billions for Women-Owned Businesses
Women in the economy are proving to be a force to reckon with as they make up 40 percent of the world’s workforce and secure $20 trillion in consumer spending. In an effort to continue supporting women and their financial accessibility, the Global Banking Alliance for Women recently announced it will gather $4.3 billion in…