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

Whalen: Nonbanks are taking over mortgage originations

Regulators "get in the way"

Unemployment down almost half from this week last year

At lowest level since December 2007
W S

Lending

Malcolm Cisneros adds Dale Martin as senior counsel

April 24, 2014
Martin will join the firm’s real estate transactions and compliance practice group.
Read More

HAMP loans about to reset at higher interest rates

...and will keep climbing
April 24, 2014
Freddie Mac is reminding mortgage servicers that interest rates on some HAMP rescues are about to start to tick higher.
Read More

Unemployment down almost half from this week last year

At lowest level since December 2007
April 24, 2014
The total number of people claiming benefits in all programs for the week ending April 5 was 2,922,187. There were 5,065,908 people claiming benefits in all programs in the comparable week in 2013. That’s a drop of 2,143,721, or 42.3% from the same time last year.
Read More

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.
Read More

Old Republic posts quarterly 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.
Read More

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 and are causing loan portfolios and loan securitization volumes to fall steadily, he added.
Read More

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?
Read More

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.
Read More

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.
Read More

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.
Read More