Trending Thursday: More McMansions, Ferguson home values and more

Trending Thursday: More McMansions, Ferguson home values and more

Plus the real truth about whether renters really want to buy

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”
W S

Investments

Elizabeth Warren flipped houses while denouncing speculators

Made plenty of profits at what she called a myth
Trey Garrison
The National Review is looking into leading progressive Democrat Elizabeth Warren’s background, and what they found is surprising – the leading progressive voice on industry regulation made a killing doing what she condemns – flipping houses.
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Freddie Mac back with new high-LTV risk-sharing mortgage bond

STACR 2015-HQ2 features loans with 80-95% loan-to-value ratio
Ben Lane
Freddie Mac is back in the market with its fourth risk-sharing deal of the year, as the government-sponsored enterprise continues in its push to alleviate the risk to the American taxpayers. Meet Freddie's latest STACR deal.
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S&P Case Shiller: House prices beat expectations, gain 1% in March

Conflicts with lower FHFA house price report
Trey Garrison
Indications on home prices were rising solidly going into the spring selling season though there were some signs of stalling. S&P Case Shiller's adjusted 20-city house price index rose a very solid and slightly higher-than-expected 1.0%. Here's why it's up while the FHFA home price index is down.
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Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs
Trey Garrison
TILA-RESPA and TRID are closing in – are you ready? Plus how weak is the recovery, will housing pull it through, and you say you want to ditch the MLS? Read on for all this and more.
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Barclays mortgage bond trader fired for allegedly providing inaccurate information to clients

Yoon Seok Lee “discharged” on Feb. 11
Ben Lane
Barclays Capital fired one of its mortgage bond traders after he allegedly allegedly provided inaccurate information to clients involving residential mortgage-backed securities trades.
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Lehman Brothers suing over crisis-era toxic mortgages

Asks judge to cancel claims by Syncora Holdings and U.S. Bancorp
Ben Lane
Lehman Brothers Holdings filed suit against Syncora Holdings, U.S. Bancorp and GreenPoint Mortgage Funding in an effort to try to get “duplicate” claims filed by those three companies against Lehman Brothers thrown out because Lehman Brothers is ready to settle and move on.
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Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship
Trey Garrison
A lot of changes could be on the horizon for housing, mortgage finance, Fannie, Freddie and the whole housing shebang. Here's the latest from Washington and beyond.
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Auction.com partners with Juwai.com to bring U.S. listings to Chinese buyers

Deal will bring access to Juwai.com’s 2.6M Chinese speaking clients
Trey Garrison
The top real estate portal in China and the U.S. online real estate marketplace Auction.com are joining forces to bring Chinese buyers to American commercial and residential real estate listings. Here’s the deal.
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Moody’s: New mortgage disclosure rule will increase risk for US RMBS

Question is how much RMBS trusts will be liable for lender errors?
Trey Garrison
The new CFPB disclosure rules, along with the potential for increased costs in the event of non-compliance, raise the risk of losses for RMBS trusts. Here’s why.
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Black Knight Financial Services kicks off successful Initial Public Offering

Early action sees strong interest pushing up price
Trey Garrison
Black Knight Financial Services is officially on its way to being a publicly traded company. The data and technology firm priced its IPO gamble at $24.50 per share, and just a few hours in, it has already moved far and above that.
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