Rick Sharga: Is this the end of the housing recovery?

Rick Sharga: Is this the end of the housing recovery?

Maybe it wasn’t the snow after all

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
W S

Lending

Freddie Mac: Mortgage rates reverse course, rise

Increases amid soft housing data
April 24, 2014
Mortgage rates inched higher after falling two weeks straight following an uptick in the 10-year treasury note and amid a week of soft housing data.
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Mortgage guaranty line turnaround boosts Old Republic earnings

April 24, 2014
Old Republic's earnings for the first quarter 2014 were boosted by moderately improved performance in general insurance and by the continuation of a strong turnaround in the run-off mortgage guaranty line.
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Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"
April 24, 2014
New regulations promulgated by the Consumer Financial Protection Bureau discourage lending by banks and nonbanks alike are causing loan portfolios and loan securitization volumes to fall steadily, he added.
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Rick Sharga: Is this the end of the housing recovery?

Maybe it wasn’t the snow after all
April 24, 2014
The double whammy over the past few days of flat existing home sales and a disastrous drop in new home sales appears to have dimmed many analysts’ views of the housing market recovery. So is the housing recovery over?
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Homebuilder D.R. Horton net income rises 18%

"Housing market conditions remain favorable"
April 24, 2014
Homebuilder D.R. Horton recorded a net income for its second fiscal quarter ended March 31, 2014 of $131 million as the dollar value of homes sold, closed and in backlog all increased by double-digit percentages.
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Christopher Whalen joins Kroll Bond Ratings Agency

April 23, 2014
Christopher Whalen, an investment banker, author and frequent HousingWire contributor, brings more than 30 years of experience as an investment banker and analyst to Kroll.
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CFPB pushes for eClosings

Fully electronic mortgages will help consumers, regulators say
April 23, 2014
Housing leaders and regulators met in Washington, D.C. on Wednesday to further open the door to the greater use of technology in the mortgage process.
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Yes, new home sales are down but it isn’t quite as catastrophic as it seems

A deeper dive reveals that 2014 isn’t that far off 2013
April 23, 2014
If you look at the year-to-date totals, 2014 is only 2,000 home sales behind 2013. At the end of the first quarter in 2013, there were 109,000 total new home sales. The first quarter of 2014 had 107,000 new home sales. That’s only a 1.8% decline.
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Watch the CFPB hearing on mortgage closings LIVE

CFPB open hearing now
April 23, 2014
Below you can view the live event as it happens. HousingWire will be hosting the archived event after.
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CFPB: 3 biggest pains in mortgage closings

Bureau pushing solutions like eClosing
April 23, 2014
The Consumer Financial Protection Bureau has found that many consumers are frustrated by the short amount of time they have to review a large stack of complex closing documents when finalizing a mortgage. And they are pushing their eClosing pilot as a way to alleviate that.
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