Fed adopts new rule limiting 'too big to fail' bailouts

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Real Estate

New home sales beat expectations

Rise 10.7%
While sales of new single-family houses in October beat expectations, it still remains volatile month-to-month. As one economist puts it, going forward, housing is likely to continue to be a positive contribution to headline activity although limited.
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Placester continues to boom with substantial capital raise

$27 million Series C funding more than doubles previous investments
Boston-based Placester, a real estate marketing platform, that has experienced significant growth in 2015, continued its strong year with the announcement that it raised $27 million in a Series C round of funding. Placester’s latest round of funding more than doubles the previous investments in the company, which totaled $23 million.
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Case-Shiller: Home prices maintain steady pace, grow 4.9%

"Home prices and housing continue to show strength"
Home prices across the country continued to rise in September, maintaining a health pace toward normalization. Zillow Chief Economist commented on the report saying that the index continued to grow at a consistent pace as the summer came to a close, and in line with more recent data that continues to show stabilization in the U.S. housing market.
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Move, Realtor.com name Suhail Ansari chief technology officer

Former vice president of engineering at eBay joins real estate search site
Move, Inc., which operates Realtor.com for the National Association of Realtors, announced the appointment of Suhail Ansari as the company’s new chief technology officer. At Move, Ansari will be responsible for overseeing the company’s technology strategy.
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Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Well, it’s official. Google has come to mortgages. After first being reported earlier this year, Google is launching its own mortgage comparison tool via its Compare service. Here's more about Google's big mortgage move with Zillow and LendingTree.
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Is your company leading the technology revolution? Prove it

Deadline quickly approaching for entry in HousingWire tech awards
The technological revolution is happening, right now. Here at HousingWire, we see that innovation happening and feel it deserves some serious kudos. The shouting it from the rooftops kind, to be exact. It’s in that spirit that HousingWire honors the most innovative innovators who’ve innovated in the most innovative ways in the last year.
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