Case-Shiller: Home price gains decelerate rapidly

Case-Shiller: Home price gains decelerate rapidly

Biggest drop in HPI since November 2012

Can Quicken Loans save Detroit?

Forbes: “Dan Gilbert is saving Detroit to help his business”

Monday Morning Cup of Coffee: Love or loathe – Reverse mortgages, Holder’s legacy

Plus, a week of critical housing and mortgage finance metrics ahoy
W S

News

Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
Trey Garrison
As has been extensively documented, Millennials face an uphill battle in homebuying owing to everything from higher unemployment rates and student debt to affordability challenges.
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AllRegs named publisher for FHA single-family policies

Increases info management for the administration
Levi Shultz
“Since founding this company in 1989 my goal has been twofold; to create a central location where industry professionals can go for fast, reliable answers and to provide a cost-effective method of information management for all industry participants,” said Glenn Ford, founder and CEO of AllRegs.
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Bank of America finds buyer for Countrywide subprime MSRs

RMBS ratings unaffected
Ben Lane
It looks as though Bank of America is ready to push past Benjamin Lawsky’s supposed freeze of the legacy MSR market with a transfer of legacy MSRs to Select Portfolio Servicing, according to a note from Moody’s Investors Service.
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ZeroHedge: America’s most important housing metro flashing red

San Francisco is the canary in the bubble coalmine
Trey Garrison
Well, in the aftermath of yesterday's data which beyond a reasonable doubt showed that the Chinese housing bubble has burst, we can now report that the "flashing red" market that is San Francisco was just smacked by a "double whammy" perfect storm.
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Realtor confidence on home price growth slips, but solid

Members less confident than trade economists on coming year
Trey Garrison
Members of the National Association of Realtors expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.5%, according to data gathered from the August 2014 Realtor Confidence Index Survey.
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News Corp's MOVE acquisition escalates epic online real estate listings battle

Zillow, Trulia trading lower on news of MOVE deal
Trey Garrison
Zillow and Trulia are selling off after news broke that rival MOVE is being sold to News Corp for $950 million — proof that the battle for real estate listings traffic just kicked into high gear.
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News Corp will buy Move for $950 million

Realtor.com may soon belong to Rupert Murdoch
Ben Lane
Under the terms of the acquisition agreement, which was announced on Tuesday, News Corp will acquire all of Move’s outstanding shares for $21 per share. According to a release from News Corp, that price represents a premium of 37% over Move’s closing stock price on September 29.
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Case-Shiller: Home price gains decelerate rapidly

Biggest drop in HPI since November 2012
Trey Garrison
Home price growth slowed far more than expected in July, according to the latest Case-Shiller Home Price Index. "Inventory is up, but sales volume is down," said Zillow chief economist Stan Humphries.
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Body of missing Arkansas Realtor found in shallow grave

Family, friends mourn; suspect charged with capital murder
Trey Garrison
The search for Beverly Carter, the Arkansas Realtor who has been missing since Sept. 25, ended early Tuesday when her body was found in a shallow grave about 20 miles north of Little Rock.
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Simplifying the process makes everyone happy
Kofax

Using a mobile app solution to complement your origination process gives you the tools you need to engage consumers on their preferred device and turn the experience into a positive one. 


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