Shaky housing market about to get even shakier

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?

Yahoo launches feature-heavy mortgage calculator

Joins Google in developing native mortgage tool

Home eviction leads to grisly, tragic discovery

Police discover two children’s bodies in freezer
W S

Lending

Florida homeowners can start claiming their $6.5M from SunTrust

More than 8,000 eligible Floridians
Brena Swanson
Here's some good news for Florida homeowners who were impacted by SunTrust. The office of Attorney General Pam Bondi sent out official claim forms for borrowers to receive their share of the National SunTrust Settlement.
Read More

This 1 chart may boost housing’s outlook

MBA: Housing starts will take off in April and May
Trey Garrison
The rough start for housing in terms of sales and starts in 2015 may give way to a better environment as the spring season heats up. This chart may show why.
Read More

The latest Federal Reserve data proves it’s still too hard to get a mortgage

So much for easier credit
Jacob Gaffney
According to the Federal Reserve, the recent news that mortgage credit availability increased slightly in February is counter balanced by the fact potential borrowers are still being rejected at a historically high rate. So, just how many are being rejected?
Read More

Fed: Wages grew in recession, went flat in recovery

Given how home prices are outstripping wages – trouble ahead?
Trey Garrison
Home prices are outpacing wage growth, and it turns out that the biggest stagnation was during the recovery, not the recession. Sound strange?
Read More

Here are the top 20 for-sale-by-owner markets

Realtors? They don’t need ‘em
Ben Lane
Some of the nation’s most expensive markets are also the ones where homeowners are choosing to eschew the traditional methods of real estate and sell their homes without the help of a Realtor, real estate agent or broker.
Read More

Ellie Mae names new executive vice presidents

Promotes Cathleen Schreiner Gates and Joseph Tyrell
Ben Lane
Ellie Mae is promoting two of its own into executive vice president roles. The company announced this week that it is promoting Cathleen Schreiner Gates to executive vice president of sales and marketing and Joseph Tyrrell to executive vice president of corporate strategy.
Read More

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
Lynn Effinger
Over the past several years, despite Wall Street and the current administration’s efforts to artificially prop up the housing market with historically low interest rates and foreclosure-alternative programs such as moratoria, HAMP, HAFA and others, we discovered that the so-called housing recovery was simply rhetoric.
Read More

Lexmark purchases Kofax in massive acquisition

Printer company moves into the world of mortgages
Brena Swanson
In a giant move for housing, Lexmark International purchased document-capture software provider Kofax for approximately $1 billion. Will this be a gamer changer for online mortgages?
Read More

Yahoo launches feature-heavy mortgage calculator

Joins Google in developing native mortgage tool
Ben Lane
Google made waves in the mortgage industry earlier this year when it quietly launched a built-in mortgage calculator. Yahoo is joining the mortgage calculator game as well, but its built-in calculator is far more feature-rich than Google's option.
Read More

Online mortgage lender moves into New Mexico

Plans to be in 21 states by end of 2015
Online mortgage lender Privlo continues to gain ground in the industry and announced its latest expansion into New Mexico. This is only the latest in a string of new expansions from Privlo.
Read More