Here’s how TRID is changing the mortgage industry

Here’s how TRID is changing the mortgage industry

Up and down the pipeline things are changing

Monday Morning Cup of Coffee: Is Fed, housing policy at a crossroads?

Plus why private investors don’t want to buy mortgages, TRID and more

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs
Investments / The Ticker

HW 30 stocks follow market up

Exceptions are REITS following rising Treasurys

profits up
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On a record breaking day for the Dow Jones Industrial average, housing stocks seem to be following the gains seen in the larger market, with the HW 30 stock index up half a percent on the day. 

It’s not all rosy, however, as mortgage REITs are feeling the effects of rising Treasury yields, with Annaly Capital Management (NLY) down 1.34%, Redwood Trust (RWT) down 1.29% and American Capital (AGNC) down 1.11%.

Ironically, the biggest gainers — Move (MOVE), up 4.85%, and Zillow (Z), up 1.52% — are locked in a legal battle over Zillow’s hiring of Errol Samuelson, former chief strategy officer at Move and now chief industry development officer at Zillow.

Homebuilders showed moderate gains on good jobs numbers. D.R. Horton (DHI) is up .61%, Toll Brothers (TOL) is up .38% and Lennar (LEN) is flat.

Launched on Aug.1, 2013, the HW 30 equity index is designed to capture the heartbeat of those publicly-traded firms that represent the very backbone of what we at HousingWire have taken to calling the "housing economy" in the United States.

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