Home Loan Servicing Solutions stock craters after investors get paid

Home Loan Servicing Solutions stock craters after investors get paid

Payout of $1.2 billion headed to stockholders

Homeownership rate falls to lowest since 1993

Economists question whether tumble will continue or has bottomed out

Ocwen’s road ahead: Well, can't get any worse

Fall down seven times, get up eight?
W S

Lending

Obama: Here are 8 lucky communities chosen to build prosperity

Administration names new "Promise Zones"
Brena Swanson
After 123 applications from 36 states, the official list of chosen communities is out. Here’s the Obama Administration’s eight new Promise Zone communities.
Read More

Homeownership rate falls to lowest since 1993

Economists question whether tumble will continue or has bottomed out
Trey Garrison
The homeownership rate continued its multi-year slide, falling to a rate not seen since 1993. Are we near the bottom and there’s nowhere to go but up, or does the slide continue? Let’s find out.
Read More

FHFA: Mortgage interest rates slightly rise in March

Still remain at record lows
Brena Swanson
Interest rates on conventional purchase-money mortgages slightly increased from February to March. But despite the slight rise, rates are still significantly down from a year ago.
Read More

Coming soon: The Tesla home battery

Electric car company venturing into residential energy storage
Ben Lane
Tesla Motors, the company that plans to revolutionize automobiles with its electric car, is planning a new revolution that aims to transfer how we power the rest of our lives. How will the home battery impact mortgages?
Read More

Auction.com adds Lawrence Yuan as senior director of engineering

Former Linkedin and Yahoo engineer joins real estate marketplace
Ben Lane
Auction.com announced the addition of Lawrence Yuan as the online real estate marketplace’s new senior director of engineering. In this role, Yuan will oversee the development of web and mobile products and applications.
Read More

Nautilus Solar CEO: Homeowners warming to solar panels

The financial cost of harnessing the sun
Brena Swanson
Homebuyer support for solar energy options is growing, but those who want to go greener still face two main challenges.
Read More

American Enterprise Institute: Freddie, FHFA loans getting riskier

Report: Credit standards for first-time buyers not too high
Trey Garrison
FHFA and Freddie Mac loans hit series highs, but the really interesting thing is what's happening with first-time buyers — and why. Here's a look at March's numbers.
Read More

Five ways to avoid marketing compliance violations

How to control marketing messages
Alex Baydin
As enforcement rules get stricter, companies have no choice but to ensure that how and what they are communicating to consumers follows the letter of the law. But in today’s world where control over your marketing messages is not absolute, this is no easy task.
Read More

So, totally color-blind housing policy is now discriminatory lending?

This is modern America
Trey Garrison
If a policy treats everybody the same, regardless of race, and there’s no intent to discriminate, can it still be labeled “discriminatory” if its results aren’t racially balanced? There’s the sane answer, and then there’s this.
Read More

Blackstone: Housing a “good investment”

Despite a slowdown in home price appreciation
Brena Swanson
Even though home prices are not increasing as rapidly as they have been, housing is still a good investment according to one housing executive.
Read More