The Federal Reserve Bank of New York, as a part of what is commonly being referred to as “Operation Twist,” purchased $5.5 billion in mortgage-backed securities for the week of November

The robo-signing scandals of 2010 sent shockwaves through the lending industry, as national banks, burdened with the considerable weight of thousands upon thousands of foreclosures, short sales and other distressed properties, attempted to reconcile their balance sheets as quickly

After a brief sabbatical, the 30-year FRM is back in familiar territory, falling below 4 percent for the second time in as many months. Motivated by the Federal Reserve’s “Operation Twist,” which involves the Fed buying billions of dollars

This Thursday, Stephanie Sims, Chicago Agent’s managing editor, will be part of an emerging technology panel sponsored by Fifth

How much did Chicago home sales increase in the third quarter? What’s the deal with federal conforming loan limits? Has CoreLogic predicted this month’s Case-Shiller? Here’s quick rundown of stats from this week’s news (Nov. 7 – Nov. 11)

David Hovey, president of the development company Optima Inc., garnered his status as a great architect with the completion of his Optima Old Orchard Woods project. Now, expectations are high for his Streeterville project, located at St. Clair and

A new report from a finance professor predicting the coming insolvency of the Federal Housing Administration has some government officials and analysts spooked, according to a new report from The Wall Street

It’s no secret that the average Realtor gains the majority of his or her business from client referrals; however, Jennifer Ames, one of the nation’s highest ranked and top-producing real estate agents, believes that the best approach to real

Weichert, Realtors has kicked off its 33rd Annual Weichert Toy Drive, a holiday-themed community service initiative that collects toys for disadvantaged children. From November to December 9, members of the community are invited to drop off new, unwrapped toys

In a move that seems to confirm the ever-increasing importance of multifamily housing in the current housing market, the federal government is removing several state regulations that will make it easier for developers to build federally-subsidized multifamily homes, according

To keep up with increasing demand in the North Shore region, Chicago real estate firm @properties has hired Terry Wilkowsi as vice president of brokerage services, North

The top producing agents from Coldwell Banker Residential Brokerage, including President’s Club member Gloria Matlin, gathered at an annual business retreat to learn about market trends and competitive strategies for

Chicago-based RE/MAX Premier Properties announced its outstanding agents for the month of October: Cynthia Bauer, Izabela Machnicki and Mike

Fannie Mae and Freddie Mac released earnings and inventory statistics a couple days ago, and the data suggested a substantial decline in REO properties for the GSEs. Counting FHA properties, the GSE’s REO inventories decreased to 226,961 at the

Price: Free How it Works: Utilizing data from RealtyTrac, Complete Foreclosures allows users to research all bank owned, pre-foreclosure, and auction listings as they are posted on RealtyTrac. Rated as one of the top 10 business apps, it has

Speculations of the Federal Reserve’s coming quarterly report entail fears that the European debt crisis may have a strong, adverse impact on foreign bank lending in the United States. The fourth quarter senior loan officer survey report, which is