TRID is a real obstacle to mortgage process

LoanDepot closes first $150M securitization of personal loans

Demand for new personal loans takes off

[Report] The housing market can withstand a Fed interest rate hike

But can it survive rising home prices?

Real Estate

Buy this super-green California home, get a free Tesla

Desperate times call for desperate measures?
Over the years, we’ve seen some creative efforts when it comes to trying to sell a home. About this time last year, the owner of a 16,000-square-foot mansion in Dallas offered up a free 2015 Bentley to the real estate agent or Realtor who secured a buyer for their home – in addition to their normal commission. But a new listing in California takes the automobile sweetener to a higher, and greener, level.
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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, name Suhail Ansari chief technology officer

Former vice president of engineering at eBay joins real estate search site
Move, Inc., which operates 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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