Fannie, Freddie CEOs get a well-deserved huge boost in pay

5 tips for new renters this summer

Can you afford it?

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

Nationally home prices gained 4.2%
W S

News

Family flees dream home because it used to be a meth house

Sells home at “significant” loss
Ben Lane
An Indiana family was driven from its “dream home” after discovering the home's history made the property a health hazard. Shortly after moving in, children started getting sick and it got worse from there.
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Moody’s Analytics: Single-family rental growth will accelerate

Biggest growth in western, southern markets
Trey Garrison
Single-family home rentals since the housing bubble burst nearly a decade ago have seen massive growth, according to a new look from Mark Zandi, Moody’s Analytics’ chief economist — but there's more to come. Here's why.
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Tim McGraw partners with Chase to give homes to veterans

6 awarded so far, 30 more to come
Trey Garrison
Country star and actor Tim McGraw is a big supporter of the military and veterans, and now he’s teaming up with Chase Bank and Operation Homefront to give mortgage-free homes to veterans. Happy Independence Day, indeed.
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Fannie, Freddie CEOs awarded $3 million raises

Granted compensation of $4 million each
Brena Swanson
Both Fannie Mae and Freddie Mac CEOs were granted multimillion-dollar paydays by the Federal Housing Finance Agency. A move that comes with great objection from lawmakers and the White House.
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Fannie, Freddie CEOs get a well-deserved huge boost in pay

It's about time
Jacob Gaffney
Early last month, the wheels were set in motion to increase CEO compensation of the government-sponsored enterprises to a level similar to CEOs doing the same jobs at other companies. The FHFA director wants this but the White House doesn't. The FHFA is right. Here's why.
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Millennials demand single-family homes

Fannie Mae: Will young homeowners protect the housing recovery?
Brena Swanson
Young adults prefer single-family homes, and in fact, they are found to be more likely to reside in a single-family home today than their predecessors. And according to this research, the desire is only going to continue to grow.
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Stonegate Mortgage expanding direct-to-consumer lending operation

Looking to attract Millennial buyers
Ben Lane
Citing a goal of attracting more Millennial buyers, Stonegate Mortgage Corporation is growing its direct-to-consumer lending operation to meet the changing market.
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Optimal Blue launches mortgage pricing application

QuickSearch now available to loan officers
Brena Swanson
Optimal Blue introduced QuickSearch, a privately branded mortgage pricing app for mobile devices, during its 2015 Client Conference to allow loan officers to perform real-time pricing searches for their borrower.
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Chicago biz pub: Redfin school data isn’t accurate

School ratings critical for many buyers
Trey Garrison
Chicago Real Estate Daily, a Crain’s publication, says that Redfin is posting inaccurate ratings on some schools, which could potentially turn some buyers away from the neighborhoods around them.
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BOK Financial hires new mortgage president

Enter Glenn Brunker, industry veteran
Brena Swanson
BOK Financial named Glenn Brunker to lead BOK Financial Mortgage, bringing nearly 30 years of financial industry experience to his new role. In this position, Brunker is charged with managing all mortgage origination channels.
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