5 tips for new renters this summer

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales
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News

Ellie Mae adds Peter Hirsch as executive vice president

Will oversee technology and operations
Ben Lane
Ellie Mae, a provider of on-demand software solutions and services for the residential mortgage industry, named Peter Hirsch the company’s executive vice president of technology and operations. In this newly created role, Hirsch will be responsible for leading all of Ellie Mae's technology groups.
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DocMagic names Edward Komski national sales manager

Owner-operator of ELK Group to lead sales efforts
Ben Lane
In this role, Komski will be responsible for introducing DocMagic’s entire suite of software solutions to large, enterprise-level lending organizations.
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The history of g-fees

FHFA gives update to Congress
Brena Swanson
The average level of guarantee fees charged has increased since 2009. However, as the study shows, the changes will result in little or no change to borrowers. This chart gives a comprehensive history of g-fees since 2008.
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Seattle’s ‘Up’ house now facing demolition

Buyer backs out of deal for ultimate spite house
Ben Lane
A truly unique Seattle-area home that boasts neighbors like L.A. Fitness and Trader Joe’s is on the verge of being torn down, a sad end to a tale that many likened to a real-life ‘Up.’
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Treasury sweep of Fannie, Freddie shareholder profits "costly for housing"

National Law Review: FHFA in “breach of its duties under HERA”
Trey Garrison
Yale Law School lecturer Logan Beirne examined a lawsuit recently filed by three Fannie Mae and Freddie Mac investors accusing the federal government of exceeding its authority as a conservator, and in a National Law Review article, he supports their contention.
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USDA reportedly raising guarantee fees for 0% down mortgages

Increase to go into effect on Oct. 1
Ben Lane
The price that borrowers pay for a 0% down payment loan from the U.S. Department of Agriculture’s Rural Housing Service is reportedly set to rise later this year. Click through to learn more.
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Ellie Mae publishes comprehensive TILA-RESPA guide

Comprehensive FAQ will be regularly updated
Trey Garrison
Ellie Mae is publishing a free, 16-page RESPA-TILA FAQ guide to help lenders understand and comply with the Integrated Disclosure Rule, currently scheduled to go into effect Oct. 3.
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Black Knight updates LOS for TRID

Mortgage industry gets a little extra time
Brena Swanson
TRID is coming, and as a result, Black Knight Financial Services released the latest version of Empower, its loan origination system for retail and wholesale lending to be ready for the Consumer Financial Protection Bureau’s upcoming implementation date.
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5 tips for new renters this summer

Can you afford it?
Eric Narcisco
There are a few things that many renters don’t realize they’re missing until after it’s too late. Here are five rental reminders before the next big move.
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S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%
Trey Garrison
Home prices in April continued their rise across the country over the last 12 months, but the pace of the gains slowed, according to the S&P/Case-Shiller Home Price Indices. Is there a problem?
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