Here are the 14 most outrageously expensive neighborhoods for renters

Here are the 14 most outrageously expensive neighborhoods for renters

Markets where you'll spend more than half your income on living

HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks public, private companies on revenue growth

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
W S

Lending

Here are the 14 most outrageously expensive neighborhoods for renters

Markets where you'll spend more than half your income on living
Brena Swanson
Owning a home is becoming more affordable while renting is increasingly growing to be more expensive than ever, especially in these 14 neighborhoods.
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Freddie Mac: Mortgage rates produce mixed results

Buoyed by positive GDP report
Brena Swanson
Mortgage rates got caught up in the mix of housing reports and a positive GDP report, resulting in rates moving slightly down for the week.
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Talking tech with Donald Trump Jr.

Pavaso CEO Mark McElroy discusses TILA-RESPA compliant solution
Matt Corcoran

The show is 21st Century Television, with guest host Donald Trump Jr. interviewing Mark about the TILA-RESPA ruling, and how technology available today can not only help the industry comply, but thrive, with a whole new world of possibilities in a digital marketplace. 


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Lone Star invests $1 billion in high-risk Caliber loans

New loans will target Alt-A and "high quality" subprime borrowers
Ben Lane
According to a report from Bloomberg Businessweek, after about $200 million worth of loans have been made, the debt will be packaged into bonds and sold, with the new fund, Lone Star Residential Mortgage Fund I, retaining the riskiest pieces, according to the materials. The company expects to provide investors gross returns of 15% after three years.
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Ellie Mae completes acquisition of AllRegs

$30 million deal previously announced in August
Ben Lane
“At a time when compliance has become mission critical for mortgage lenders, the acquisition positions Ellie Mae as the leading source of mortgage management technology, investor guidelines, compliance resources and education to help lenders achieve compliance, loan quality and efficiency,” Ellie Mae said in a release announcing the completion of the deal.
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HUD watchdog accuses EverBank of violating FHA short sale policies

Recommends bank should repay $1.57 million to HUD
Ben Lane
According to the report from the HUD-OIG, EverBank improperly determined whether borrowers were eligible to participate in the FHA’s preforeclosure sale program and as a result of those failings, the FHA insurance fund paid approximately $1.57 million in improper claims.
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FHFA director faces criticism from former allies

Housing advocates want more change
Brena Swanson
While they were the original supporters of his appointment, housing advocates are now frustrated with the lack of changes to housing policy since Mel Watt took over.
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CFPB fines Lighthouse Title for kickbacks

Michigan agency allegedly paid real estate agents for referrals
Ben Lane
“Today’s action sends a clear and simple message, that quid pro quo agreements for real estate referrals are illegal,” said CFPB Director Richard Cordray. “The Consumer Bureau will continue to take action to ensure that the mortgage market is a level playing field where everyone plays by the rules.”
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JPMorgan's $13B mortgage settlement reaches homeowners

46,404 borrowers helped so far
Brena Swanson
In the latest update, JPMorgan Chase continues to fulfill its obligations under its $13 billion settlement, providing relief to 46,404 borrowers. Here's how far the bank has progressed since its last update in July.
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Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?
Richard Green

A wealthy buyer from China can look at even the most expensive California markets like San Marino and think, “I can get a lot of house there without spending a lot of money.”


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