Michael Burketine

Owner

Michael Burketine is the owner of Burkentine Real Estate Group.

TRENDING

Servicing

FHA foreclosures drag down strong mortgage performance

FHA loans accounted for about half of the annual rise in foreclosure starts and 80% of the rise in active foreclosures in September, according to ICE.

By Colin McNamara

October 24
RMBS

BRAVO Residential Funding will raise $344.5 million

The A1 tranche contains the bulk of the outstanding notes, $251.4 million, and is divided into the 1A and 1B sub-tranches, with enhancement of 37.0% on the A1A piece and 27.0% on the A1B.

By Donna M. Mitchell

October 24
Economy

Inflation up modestly in September; Fed on track for cut

The Bureau of Labor Statistics released its latest Consumer Price Index reading Friday morning, showing inflation rose by 0.3% in September, slightly below August's pace. The report also found core inflation steady at 3.0%, even as shelter costs eased and gasoline prices spiked.

By Ebrima Santos Sanneh

October 24