Ocwen's regulatory burdens send up red flags and drive down stock price

Ocwen's regulatory burdens send up red flags and drive down stock price

Analysts lower price target, Citi drops buy recommendation

Activist investors critique Zillow, Trulia deal

Valuations skyrocket while earnings expectations have fallen

4 factors weighing down housing in the second half of 2014

Will housing collapse?
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Lending

New York now allows shared appreciation mortgage modifications

New regulation announced without fanfare in state register
August 1, 2014
Per the new rules, each shared appreciation agreement must contain "a conspicuous legend at the top of the agreement printed in at least fourteen-point type, consisting of substantially the following language: 'IN THIS AGREEMENT, YOU ARE GIVING AWAY SOME OF ANY FUTURE APPRECIATION IN THE VALUE OF YOUR HOME. PLEASE READ CAREFULLY.'"
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FirstKey hires new managing director

Jonathan Seigel brings over 20 years experience
August 1, 2014
FirstKey hired Jonathan Seigel as managing director, where he will focus on sourcing small and large balance rental finance products as well as developing and implementing strategic market initiatives.
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Plosser speaks on FOMC dissent vote

Only president to vote no
August 1, 2014
Due to the clear progress the economy has made toward its long-term goals, the Philadelphia Fed president no longer believes the forward guidance language in the Fed statement is appropriate or warranted.
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TILA-RESPA compliance: 1-year countdown starts today

Why vendor relationships need special attention now
August 1, 2014

At one year until the go-live date for the Integrated Disclosure Rule, if you haven’t started having meetings to discuss your organization’s approach to incorporating reforms, depending on its size, you could already be behind schedule.


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Ellie Mae 2Q14 earnings overcome outages

Encompass users increase 12% y/y
July 31, 2014
Ellie Mae recorded an increase in its second-quarter earnings despite additional operating expenses from its outages experienced at the end of March.
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FHLB Des Moines, FHLB Seattle in merger talks

Brings 12 FHLB down to 11
July 31, 2014
Currently, there are 12 Federal Home Loan Banks that could change soon, with a potential merger from the Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle.
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Should real estate agents disclose murder?

Modern day haunted houses...
July 31, 2014
A majority of states don’t consider psychological stigmas to be material defects to a home; which means you can purchase a home that hosted a murder, suicide or another gruesome event without even knowing it.
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Only 1 mortgage company makes Black Enterprise 100 list

Another big year for ULS
July 31, 2014
Urban Lending Solutions, which provides a suite of mortgage-related services, was listed at number 19 on the Black Enterprise 100 list, down from 16 the year before. Revenue at the company last year was $168.6 million.
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Multifamily, commercial mortgage loans jump 34% in 2Q14

But still down 2% from 2013
July 31, 2014
Multifamily originations were down 10% over 2013's second quarter, but up 32% over the first quarter of 2014.
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CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet
July 31, 2014
"While 32 straight months of year-over-year decline in the foreclosure rate is cause for celebration, the total number of homes still in the foreclosure process remains almost four times as high as the average in the early 2000s," said Mark Fleming, chief economist for CoreLogic.
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