Fannie Mae, Freddie Mac just joined CFPB in extending TRID grace period

White House absolutely wrong to threaten veto of TRID bill

A weakened administration looks to flex itself for no good reason

Mortgage applications skyrocket more than 25%

Big pre-TRID rush boosted final week of September


10 amazing markets housing investors really need to consider

Foreclosure opportunities dry up but options exist
Atlanta, Charlotte, Fort Lauderdale, Riverside, and San Diego have been included among the 2015 "Best Markets Top 10 List" compiled quarterly by HomeVestors and Local Market Monitor, which looks for investment opportunities in a housing market where broad foreclosure opportunities are shrinking.
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[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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