Case-Shiller: Home prices continue rising in May

Case-Shiller: Home prices continue rising in May

First-time buyers still weak; Growth to slow over next 2 years

NY state senator convicted in foreclosure embezzlement scheme

Pay-offs, fraud and bribery marked Democrat senator’s tenure

Weiss Residential: Here's where the next housing crash will start

Nearly half of homes in top markets losing value
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Investments

HomeUnion continues to expand

Adds five news metros for SFR
HomeUnion announced another expansion, adding five major metros into its list of active investment markets. As the rental market continues to grow, Don Ganguly, CEO of HomeUnion, said that he sees high profit for the single-family rental market.
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Altisource announces acquisition of CastleLine

Provider of mortgage underwriting insurance joins Altisource family
Altisource Portfolio Solutions, a marketplace and transaction solutions provider for the real estate, mortgage and consumer-debt industries, announced Thursday that it is acquiring CastleLine Holdings, a specialty risk management and insurance services firm.
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Sen. Ted Cruz introduces bill to abolish CFPB

Partners with Rep. John Ratcliffe on bill to eliminate "runaway agency"
The Consumer Financial Protection Bureau, which celebrated its fourth birthday earlier this week, won’t see its fifth birthday if Sen. Ted Cruz has his way. Cruz, along with Rep. John Ratcliffe, introduced a bill in Congress this week that would abolish the CFPB.
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Judge orders massive release of Fannie, Freddie conservatorship docs

Bove: Should eventually give shareholders their ownership rights back
Will the public finally know if the Treasury took over Fannie and Freddie, despite the secondary mortgage market firms being adequately capitalized? Investors have long argued this is so, and that the controversial Third Amendment Sweep is illegal. Now, a federal judge is siding with them.
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