Where's Watt?

Where's Watt?

FHFA scorecard should be marked tardy

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Key MERS legal employees turn away from company

Company now under federal scrutiny
W S

News

Eminent domain: Whose land is it anyway?

April 18, 2014
HousingWire has covered eminent domain as both a tool some want to use for dealing with underwater mortgages, and as a tool used improperly in real estate deals. CNBC looks at the effects of the landmark Kelo decision now, almost a decade later.
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Claire Rhodes joins LenderLive

Fills firm’s regional account executive role
April 18, 2014
Denver-based LenderLive Network, hired Claire Rhodes as the firm’s regional account executive covering the northeast region for the company’s correspondent lending division.
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RE/MAX: March home sales build momentum for 2014

All 52 metro areas record increase in sales
April 18, 2014
March home sales increased over the previous month for the first time in 2014, rising 24.6% from February, in addition to all 52 metro areas surveyed reporting an increase in sales over February.
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Despite new law, Florida foreclosures take longer

April 18, 2014
Florida recently passed a new law to help speed the foreclosure process up. But there's just one problem: the process is actually getting longer.
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Home-loan payoffs in Colorado fall to 5-year low

April 17, 2014
According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.
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TitleOne names Mark Tidd CEO, promotes four executives

April 17, 2014
TitleOne Corp., an Idaho-based title and escrow company, named Mark Tidd as its CEO.
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Despite 1Q earnings falling, Goldman Sachs beats estimates

April 17, 2014
Goldman Sachs reported that its first-quarter net income decreased 10%, posting a net income of $2.03 billion.
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Key MERS legal employees turn away from company

Company now under federal scrutiny
April 17, 2014
Now almost two decades after the creation of the Mortgage Electronic Registration Systems, the once under-the-radar company is back in the spotlight as a handful of executive-level employees leave.
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Guaranteed Rate names Martin Logan as chief information officer

April 17, 2014
At Guaranteed Rate, Martin Logan will lead the company’s efforts to completely integrate modern technology into the traditionally paper-based mortgage process and develop the first fully digital mortgage.
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Ocwen’s Erbey: Lawsky hold has frozen all MSR deals

HLSS reports 1Q net income of $43.7M
April 17, 2014
HLSS Chairman William Erbey says the New York Department of Financial Services’ indefinite hold on the $2.7 billion MSR deal between Ocwen Financial and Wells Fargo put a freeze on all MSR deals in the market.
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