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Clark Street Capital, a Chicago-based provider of asset management and advisory services, announced on Monday the launch of its Bank Asset Network. The company says the online portal is the first buyer-centric database of its kind offering a secure, tailored venue for the investing public to purchase REO properties.
Clark Street says that while ...
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In a speech before the National Association of Home Builders (NAHB) Board of Directors, HUD Secretary Shaun Donovan today unveiled new rules that will help spur the housing market by allowing consumers to use the $8,000 first-time home buyer tax credit to help cover the costs of closing on an FHA-insured home.
"We believe this is a real win ...
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Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of ...
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