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

Servicing

Wingspan promotes Eshna Ghosh to senior vice president of business development

April 24, 2014
In her new role, Ghosh will continue to oversee Wingspan’s aggressive pursuit of new clients and expand current business lines.
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Altisource posts record service revenue in 1Q 2014

$210M service revenue grows 65% YOY
April 24, 2014
Altisource Portfolio Solutions posted record service revenue of $210 million for the first quarter 2014, a 65% increase over the first quarter 2013.
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Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million
April 24, 2014
"The first quarter of 2014 was a challenge for Stewart. While we made progress on our strategic initiatives, operations suffered from mortgage originations falling to their lowest level in 17 years as lenders coped with harsh winter weather conditions, the implementation of new qualified mortgage regulations, and rising interest rates,” said Matthew Morris, Stewart CEO.
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HomeStar Property Solutions officially opens Texas office

Will keep growing operations
April 23, 2014
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
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5 lists that reveal the state of the recovery

Foreclosure starts at 7.5 year low
April 22, 2014
It's not new news that the housing market is improving as delinquency and foreclosure rates decline to levels not seen since October 2007 and 2008, respectively.
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Altisource stock yo-yo's after Lawsky’s callout

April 21, 2014
Altisource’s stock bounced all over the map after news of New York State’s Department of Financial Services Superintendent Benjamin Lawsky's letter broke on HousingWire.
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WFC can't keep alleged bogus foreclosure manual out of court

U.S. judge allows discovery on Tirelli's smoking gun
April 21, 2014
A New York judge ruled that Wells Fargo can’t keep its Home Mortgage Foreclosure Attorney Procedure Manual out of two lawsuits in federal court.
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Lawsky demands answers about Ocwen, Altisource and Hubzu

Letter comes days after Ocwen CEO says Lawsky holding up MSRs
April 21, 2014
Things are heating up in the conflict between New York's top bank regulator and Ocwen Financial Services, just days after Ocwen's CEO said Lawsky's office is putting a freeze on the MSR marketplace.
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Despite new law, Florida foreclosures take longer

April 18, 2014
Florida recently passed a new law to help speed the foreclosure process up. But there's just one problem: the process is actually getting longer.
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The states and cities with the most underwater homes

RealtyTrac breaks down the trouble hotspots
April 17, 2014
But where are they? And how do they breakdown? HousingWire will walk you through it.
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