Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

The direction of housing and mortgage finance could turn this week

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Freddie Mac completes largest sale ever of seriously delinquent loans

GCAT Management Services wins all three pools
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Lending

ComplianceEase acquires Mortgage Banking Systems

Acquisition better prepares company for TILA/RESPA
Brena Swanson
ComplianceEase, a provider of automated compliance solutions, acquired the assets of Mortgage Banking Systems, a provider of mortgage document preparation and closing software solutions. As a result, the company is now better prepared for all of the regulatory changes on the horizon, including TRID.
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Black Knight: Home prices essentially flat in January

Price growth still sees 4.6% rise over last year
Trey Garrison
Home prices flat-lined in January, according to Black Knight Financial Services. But there were peaks and valleys in a variety of housing markets. Here’s the skinny.
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Woman falls for real estate scam on Trulia

Scammer hijack listing
Brena Swanson
A woman fell victim to an Internet scam on Trulia’s real estate website after spending nearly $1,000, including sending a security deposit to a person she thought was the owner of the rental home.
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Twitter roundup of this week's top housing articles

CFPB heads up the list
Brena Swanson
The list of the most-read HousingWire stories for this week is filled with some of the normal names in the mix, like the CFPB. However, another big name joined the list this week — Yahoo. This time we deliver the top-five list via Twitter. Happy Friday, everyone!
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Will the Fed’s inevitable interest rate hike break a fragile recovery?

Capital Economics: Outside dynamics strong enough to meet the challenge
Trey Garrison
Some are worried that the Federal Reserve’s coming interest rate hike could smothers the housing recovery. But not everyone thinks that way.
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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.
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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.
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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?
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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 has been during the recovery, not the recession. Sound strange?
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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.
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