Mortgage applications skyrocket more than 25%

Mortgage applications skyrocket more than 25%

Big pre-TRID rush boosted final week of September

Is it OK to gatecrash a Realtor’s open house?

Yes, but only if you follow this Reddiquette

CoreLogic: Home prices rose 6.9% annually in August

Forecasts calls for 4.3% growth by August 2016


[Study] Zillow rules real estate web traffic but lists far fewer properties

Quality, depth of Zillow's non-MLS data in key markets questioned
Zillow Group’s two portals — and — get more traffic at their web sites than, but Zillow Group sites have fewer listings in most markets, and the two are losing ground on traffic. Worse, there are questions about the quality of listings in key markets.
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Housing experts explain September's hot mess jobs report

There may be a few slivers of silver lining buried in the storm cloud
Earlier Friday the September employment situation report from the Census Bureau showed new job creation cratering to a weak 142,000, and while the whole report is a hot mess, there are a few buried bits of potentially good news in the data points. Want to know what they are?
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New Residential to repay $2.5B in mortgage servicer advances

S&P downgrades Ocwen, triggers repayment
Citing an “inadvertent” oversight in a previous downgrade of Ocwen Loan Servicing servicer rankings, Standard & Poor’s announced earlier this week that it was lowering its ranking of Ocwen as a residential mortgage master servicer from “above average” to “below average.” And that move triggered a massive payback from New Residential.
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$301 million Fannie Mae bulk servicing portfolio hits market

Mostly Midwest portfolio is 100% current
Buyers looking to get their hands on some Fannie Mae servicing now have that opportunity. Interactive Mortgage Advisors announced that it is acting as the exclusive broker for a $301 million Fannie Mae bulk residential mortgage servicing rights offering.
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Trending Thursday: Staring right at the next housing crisis

Plus GSE reform is all sound, fury and nothing right now
There’s another housing crisis brewing, and it has nothing to do with housing price bubbles or the perpetual Fannie, Freddie conservatorship. Also, if the latest appraisal volume is an indicator of market strength, we're in trouble. All this and more.
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