FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Real Estate / The Ticker

Zillow stock is uniquely positioned

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Zillow is a strategically positioned online real estate marketplace. The site is tied to the housing market, but still shares characteristics similar to Yelp. So how does this reflect in the company’s stock? CNBC explains:

Recent earnings showed revenues were up 68.7% year over year," Mad Money’s Jim Cramer said. "In fact, subscription revenues and ad revenues are growing like crazy."

"Also, billionaire investor James Packer has been betting heavily on Zillow, to the point where his fund now owns 9.4% of the company," Cramer added.

Those two metrics, Cramer said, are meaningful.

Source: CNBC
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