3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
W S

News

RealtyTrac: Home sales tick up slightly in March

Up 0.3% over February and 8% year-over-year
April 23, 2014
Single-family homes, condominiums and townhomes sold at an estimated annual pace of 5,253,464 in March, an increase of 0.4% from February and up 8% from a year ago, according to RealtyTrac’s March and Q1 2014 Residential & Foreclosure Sales Report.
Read More

Assurant posts strong quarter, income up $20 million from 2013

Earnings per share were $1.86
April 23, 2014
Assurant’s net income is up $20 million from the first quarter of 2013, when the company reported $117.8 million in net income and earnings per share of $1.46.
Read More

Christopher Whalen joins Kroll Bond Ratings Agency

April 23, 2014
Christopher Whalen, an investment banker, author and frequent HousingWire contributor, brings more than 30 years of experience as an investment banker and analyst to Kroll.
Read More

CFPB pushes for eClosings

Fully electronic mortgages will help consumers, regulators say
April 23, 2014
Housing leaders and regulators met in Washington, D.C. on Wednesday to further open the door to the greater use of technology in the mortgage process.
Read More

Yes, new home sales are down but it isn’t quite as catastrophic as it seems

A deeper dive reveals that 2014 isn’t that far off 2013
April 23, 2014
If you look at the year-to-date totals, 2014 is only 2,000 home sales behind 2013. At the end of the first quarter in 2013, there were 109,000 total new home sales. The first quarter of 2014 had 107,000 new home sales. That’s only a 1.8% decline.
Read More

HomeStar Property Solutions officially opens Texas office

Will keep growing operations
April 23, 2014
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
Read More

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference
April 23, 2014
So far, the conference has been popular, with early panels well attended. Here are three takeaways from those panels and the opening remarks from John Dalton, president of the Housing Policy Council.
Read More

Watch the CFPB hearing on mortgage closings LIVE

CFPB open hearing now
April 23, 2014
Below you can view the live event as it happens. HousingWire will be hosting the archived event after.
Read More

CFPB: 3 biggest pains in mortgage closings

Bureau pushing solutions like eClosing
April 23, 2014
The Consumer Financial Protection Bureau has found that many consumers are frustrated by the short amount of time they have to review a large stack of complex closing documents when finalizing a mortgage. And they are pushing their eClosing pilot as a way to alleviate that.
Read More

WSJ's Lewis: Fed's corrupt policies cost savers hundreds of billions

April 23, 2014
Al Lewis doesn’t mince words over at MarketWatch, charging that the Federal Reserve’s zero interest rate policy is costing savers hundreds of billions, and the trade off in helping provide a safety net for real estate and banks isn’t worth it.
Read More