TransUnion earnings fall due to mortgage declines, regulatory costs
TransUnion earnings fall due to mortgage declines, regulatory costs
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In the fourth quarter of 2021, home equity line of credit volume was up 31% from the same period the year before.
In the fourth quarter of 2021, home equity line of credit volume was up 31% from the same period the year before.
The numbers:Β An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates. The index reflects transactions in which a contract has been signed for the purchase of a previously owned home, but the sale has not yet closed. Economists view the index as a bellwether for future home sales.Β The report is published by the National Association of Realtors. Key de...
The numbers:Β An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates. The index reflects transactions in which a contract has been signed for the purchase of a previously owned home, but the sale has not yet closed. Economists view the index as a bellwether for future home sales.Β The report is published by the National Association of Realtors. Key de...
But growing worries about a possible recession may also end up playing a role in their direction over the coming weeks.
But growing worries about a possible recession may also end up playing a role in their direction over the coming weeks.
The Dallas-based contractor posted higher profits andΒ slightly lower revenueΒ for the first three months of 2022, but investors flinched when it didn't raise guidance for the rest of the year.Β
The Dallas-based contractor posted higher profits andΒ slightly lower revenueΒ for the first three months of 2022, but investors flinched when it didn't raise guidance for the rest of the year.Β
Price increases for some goods and services in the tri-county area have outpaced the rest of the nation.
Price increases for some goods and services in the tri-county area have outpaced the rest of the nation.
Due to the ongoing infrastructure costs for future subdivisions, Colorado Springs property tax rates might increase.Β With the main tool for building new infrastructure, Metro districts have collectively issued $660 million in debt and could reach $1 billion if all bonds close. Carl Schueler is now the comprehensive planning manager. Nancy Henjum, a councilwoman in the metropolitan district, says in a recent meeting that the new policy for guiding future planning will be useful to residents. Β ...
Due to the ongoing infrastructure costs for future subdivisions, Colorado Springs property tax rates might increase.Β With the main tool for building new infrastructure, Metro districts have collectively issued $660 million in debt and could reach $1 billion if all bonds close. Carl Schueler is now the comprehensive planning manager. Nancy Henjum, a councilwoman in the metropolitan district, says in a recent meeting that the new policy for guiding future planning will be useful to residents. Β ...
Mortgage industry economists have downgraded their outlooks for U.S. gross domestic product growth, and the resulting uncertainty led to a downward revision for originations in their July forecasts.But they vary on the direction of purchase volume in the future and whether the U.S. is definitively heading for a recession. Another factor in the forecast changes is that mortgage rates continue to rise, with the latest Freddie Mac Primary Mortgage Market Survey up 3 basis points to 5.54%.Freddie M...
Mortgage industry economists have downgraded their outlooks for U.S. gross domestic product growth, and the resulting uncertainty led to a downward revision for originations in their July forecasts.But they vary on the direction of purchase volume in the future and whether the U.S. is definitively heading for a recession. Another factor in the forecast changes is that mortgage rates continue to rise, with the latest Freddie Mac Primary Mortgage Market Survey up 3 basis points to 5.54%.Freddie M...
Industry News
Black Knight 2Q Earnings Fall 88% From 1Q
David Krechevsky
Aug 04, 2022
Acquisition by ICE continues to move forward, company said.
The second quarter of 2022 was a busy one for Black Knight, which saw a dramatic decrease in quarterly earnings while preparing to be acquired by Intercontinenta...
Industry News
Black Knight 2Q Earnings Fall 88% From 1Q
David Krechevsky
Aug 04, 2022
Acquisition by ICE continues to move forward, company said.
The second quarter of 2022 was a busy one for Black Knight, which saw a dramatic decrease in quarterly earnings while preparing to be acquired by Intercontinenta...
Net mortgage borrowing came to Β£4.7bn in February, Bank of England (BoE) figures show, down on the Β£5.9bn recorded in January. Meanwhile, approvals for house purchases fell too, from 73,800 in January to 71,000 in February while the value of these approvals ticked up, from Β£16.6bn to Β£16.7bn, respectively. And approvals for remortgages increased, from ...
This story continues at February sees net mortgage borrowing fall
Or just read more coverage at Mortgage Finance Gazette
Net mortgage borrowing came to Β£4.7bn in February, Bank of England (BoE) figures show, down on the Β£5.9bn recorded in January. Meanwhile, approvals for house purchases fell too, from 73,800 in January to 71,000 in February while the value of these approvals ticked up, from Β£16.6bn to Β£16.7bn, respectively. And approvals for remortgages increased, from ...
This story continues at February sees net mortgage borrowing fall
Or just read more coverage at Mortgage Finance Gazette