4 factors weighing housing in the second half of 2014

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation

The real reason Fannie and Freddie don't do principal modifications

Looking out for your retirement
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Fitch: Statebridge assigned "outlook stable" rating

Rating based on evidenced servicing capabilities
July 30, 2014
"Statebridge has an experienced senior management team, developed recruiting, staffing, and retention programs, and developed loan and default administration capabilities," Fitch Ratings said.
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Sterne Agee: Housing continues to struggle

Builder opportunities exist in light of shrinking inventories
July 30, 2014
A note to clients from Sterne Agee reports on the state of the homebuilder market, which shows housing continue to struggle against falling inventories and subpar sales.
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REIT definition too broad?

Windstream cleared to form REIT
July 30, 2014
In a strategic move, Windstream was cleared by the IRS to reclassify most of its copper and fiber-optic lines as real estate. But not everyone is supportive of this venture.
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Industry competition, DDoS attacks can't stop Move

2Q earnings increase 9 quarters straight
July 30, 2014
Despite a DDoS attack that put the company out of service for a couple of days and increased competition, Move managed to still record an increase in revenue.
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4 factors weighing housing in the second half of 2014

Will housing collapse?
July 30, 2014
There is some division in the industry on whether housing will continue to recover going in to the second half of 2014. There are some bright spots but three market segments in particular are a concern.
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BEA: Initial 2Q GDP grows at 4% pace driven by consumer spending

Advance, incomplete estimate subject to two more revisions
July 30, 2014
Real gross domestic product increased at an annual rate of 4% in the second quarter of 2014, according to the "advance" and incomplete estimate released by the Bureau of Economic Analysis Wednesday.
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Mortgage applications continue fall with 2.2% drop

Refinancings drop 4% with purchases up 0.2%
July 30, 2014
Continuing the long-term trend this year, mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 25, 2014.
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$22B in government mortgage relief still left for struggling homeowners

HAMP defaults still running high
July 30, 2014
The Treasury still has plenty of money left to help struggling homeowners, with nearly $22 billion of untapped funding available for the Treasury’s Making Home Affordable program.
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Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation
July 29, 2014
Clients will begin receiving a report Wednesday afternoon, but HousingWire was able to get a sneak peek, and the results say that critics are wrong about housing. According to Altos, it’s going to soar in 2015.
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1 in 3 Americans being chased by debt collectors

July 29, 2014
A new report form the Urban Institute shows how weak the U.S. economy is, and offers at least one reason for the housing doldrums — one in three Americans is so far behind in paying their bills that they are in collections.
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