Mortgage scammer commits fraud from inside jail cell

Mortgage scammer commits fraud from inside jail cell

Alan Tikal stole $5.8 million from homeowners

Which banks are positioned to capitalize on stress test results?

Deeper dive into Dodd-Frank stress test

More troubling signs point to potential increase in defaults

And yet we introduce a 100% LTV mortgage
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News

Zillow boosts reporting capabilities for agents

Partners with ListTrac to provide new reports for direct listing providers
Ben Lane
Zillow is continuing in its push to provide Realtors, real estate agents and brokers with a mutually beneficial relationship. Days after announcing the addition of 25 new multiple listing services to its Partnership Program, under which MLSs provide listing data directly to Zillow, Zillow announced a new feature for those partners, Zillow Tech Connect: Reports.
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1st Alliance Lending launches mortgage program for underserved borrowers

Expands access to lending with multi-channel program
Ben Lane
1st Alliance Lending is launching a new national mortgage lending platform in an effort to spur lending for “underserved borrowers who are seeking to overcome past credit challenges and purchase a home,” the company said in a release.
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Nationwide Title Clearing promotes Erika Lance

10-year employee will now serve as chief information officer
Ben Lane
Lance has been with NTC for over 10 years, serving in a number of roles. Lance has worked in human resources, the legal department, client relations and overall organization within NTC, giving her a thorough understanding of both operational and client needs, the company said in a release.
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North Texas’ largest home hits the market for $100 million

Tom Hicks’ mansion is the stuff of legend
Ben Lane
The largest and perhaps most notorious home in North Texas is now on the market with an absolutely staggering price tag. The main house’s master bedroom suite checks in at 3,000 square feet. Yep, you read that right…the master bedroom alone is 3,000 square feet.
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#Fanniegate goes viral on Twitter

There’s little middle ground in Fannie Mae, Freddie Mac war of words
Trey Garrison
There’s little middle ground in the Fannie Mae, Freddie Mac war of words, and that's showing through. Investors, journalists, analysts -- everyone is in the battle. If you’re on Twitter, you need to find the hashtag #Fanniegate. Even if you’re not on Twitter, don’t sweat it – we have the highlights.
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Supply of affordable multifamily housing doesn’t match demand

MBA: Here’s a look at the problem
Trey Garrison
What modest income households needs and what's on the market is out of sync. The MBA warns to mind the gap. Here's the latest low-down.
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Mortgage scammer commits fraud from inside jail cell

Alan Tikal stole $5.8 million from homeowners
Ben Lane
A California man will spend the next 24 years in prison for leading a mortgage fraud scheme through which he stole $5.8 million in fees and monthly payments from struggling homeowners.
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Which banks are positioned to capitalize on stress test results?

Deeper dive into Dodd-Frank stress test
Ben Lane
The country’s biggest banks are all well-positioned to survive a severe recession, the Federal Reserve announced Thursday. But which bank was the big winner?
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These homes were bigger when I was younger

Five properties that aren’t the giants you thought
Trey Garrison
When you’re a kid everything looks big, but when you grow up, you realize that some things that were huge then aren’t so much now. Take a look and add your own.
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Investors Unite fact check Michael Stegman on GSEs

Fannie, Freddie shareholders says he’s wrong again
Trey Garrison
Treasury's Michael Stegman wouldn't win a popularity contest with GSE investors. But it's not just that he's got a contrary position -- they say he's wrong on principle and on the law. Here's why.
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