Exclusive: Redfin’s chief economist answers 5 tough questions

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”

Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
W S

Lending

RealtyTrac: Top 10 buyer and seller markets

Where should owners sell their home?
Brena Swanson
The housing market is all over the place this year and successful navigation depends heavily on the local environment. As a result, RealtyTrac decided to identify the nation's 10 hottest seller’s markets and the best buyer’s markets.
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Newbold Advisors adds Detta Cutright as managing director

Will oversee financial services area
Ben Lane
In this role, Cutright will oversee business development within the financial services area, with particular focus on national and regional mortgage lenders, the company said in a release.
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Freddie Mac eliminates Loan Prospector fee

Opens liquidity in the market
Brena Swanson
Freddie Mac is choosing to make a giant investment in its customers, and starting on June 1, the GSE will no longer charge lenders $20 to use its automated underwriting service, Loan Prospector.
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RBS mortgage settlement with FHFA could reach $4.5B

First of 18 lawsuits from FHFA
Brena Swanson
The Royal Bank of Scotland Group could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, marking the first out of 18 lawsuits from the Federal Housing Finance Agency to reach trial.
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Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more
Trey Garrison
HousingWire met up with Redfin’s chief economist, Nela Richardson, and discussed a host of critical housing and mortgage finance issues. Punchy, short and sweet — here are five quick answers to some hard questions.
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Freddie Mac: The top 5 improving metros right now

Housing market recovery chugs along
Brena Swanson
While still struggling, the housing market is improving. Freddie Mac’s latest housing report highlights 5 metros that are outpacing the rest of the market.
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HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”
Ben Lane
According to HUD’s statement, the original complaint against Associated Bank was one of the largest “redlining” complaints brought by the federal government against a mortgage lender, and the $200 million settlement with Associated Bank is the largest of its kind that HUD has ever reached.
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Carrington Loan now available through wholesale lending division

Widens door for underserved borrowers
Brena Swanson
Carrington Mortgage Services is once again widening the door for underserved borrowers. This time the lender is making its Carrington Loan available through its national wholesale lending division.
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Altisource hires Jim Leath as vice president

Will oversee enterprise sales and business development
Ben Lane
In this role, Leath will be part of Altisource’s sales and business development team, and be responsible for sourcing and managing enterprise clients.
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Los Angeles spec home to list for record $500 million

Is spec home demand growing?
Brena Swanson
The $500 million price tag of this new home in Los Angeles makes it one of the most outrageous speculative homes built to date, featuring 360-degree views of the Pacific Ocean, Beverly Hills, downtown Los Angeles and the San Fernando Valley. Are spec homes the next big thing?
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