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The Impact of Art on a Home: Industry News for April 6, 2012

Posted on 4/6/2012 by Administrator Account in industry news

A strong fourth quarter for mortgage banking firms, the ten fastest growing cities in the United States, unemployment claims hit a four-year low, and more in today's industry news round-up!

Mortgage Banking Firms Report Strong Q4 Profitability l Origination News

Small mortgage banking companies benefited from a 32% jump in loan production from the third quarter to the fourth quarter, but profitability per loan was crimped by a slight drop in pricing in the secondary mortgage market, according to a new report by the Mortgage Bankers Association.

Six-week skid ends; refinance, purchase activity both increase l The Title Report

The latest data from the Mortgage Bankers Association showed an increase in both purchase and refinance activity for the first time in six weeks, as refinances have been a drag on the overall numbers. Read on for more from the weekly stats.

10 fastest growing U.S. cities l CNN Money - Real Estate

Despite the housing bust and the recession, these 10 U.S. cities still managed to record population gains of 30% or more in the decade ending in 2010, according to the Census Bureau.

A Home With an Artistic View l Wall Street Journal - Real Estate

Peter Hionas runs an art gallery in Manhattan. But his Bay Ridge, Brooklyn, home is where he displays his expansive personal collection of works. WSJ's Candace Jackson takes a tour of the house.

Initial Unemployment Claims Again Hit Four-Year Low l DSNews.com 

First time claims for unemployment insurance fell 6,000to 357,000 for the week ended March 31, the Labor Department reported Thursday but the previous week’s report were revised upward to show a jump for the week ended March 24 to 363,000 instead of the originally reported 357,000.

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