Quicken Loans sues DOJ, HUD for “shake down”

Quicken Loans sues DOJ, HUD for “shake down”

Says agencies demanding unwarranted penalties, false public admissions

FHFA leaving g-fees alone, revising primary mortgage insurance requirements

Move will lower fees for riskier borrowers; change is ‘revenue neutral’

Court filing reveals name of anonymous whistleblower in Zillow/Move lawsuit

Former Zillow VP of Strategic Partnerships wrote the letter
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The Ticker

Short-term money and investors dominate real estate market

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The trend in high institutional investor activity isn’t new, but it takes on added relevance as their share of purchases increases, having an "outsized impact on housing prices." The institutional housing trade is a highly localized phenomenon, particularly relevant in some of the worst-hit markets—the same ones which are experiencing some of the most impressive gains in prices, writes Forbes.

Source: Forbes
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