Definitely the best Beige Book coverage on housing and mortgage finance

Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference

Capital Economics on mortgage apps: Nowhere to go but up

Fundamentals point to upswing over the long haul
W S

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Definitely the best Beige Book coverage on housing and mortgage finance

Thank you, Vince Vaughn
Trey Garrison
Lending was up and home sales increased in most of the 12 Federal Reserve districts, according to the latest Beige Book released Wednesday. Here’s how it broke down, with thanks to a few Hollywood stars.
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Goldman Sachs just nailed millennial homebuying

Publishes animated graph day before housing conference
Jacob Gaffney
Anyone need to know everything about millennials, homebuying, and their spending profiles? Oh, but you only have less than 60 seconds? Head to this hugely educational, animated graph on the Goldman Sachs website.
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New Orleans planning huge public property auction

City seeks to revitalize blighted neighborhoods
Ben Lane
The city of New Orleans is planning to auction of 3,000 tax-adjudicated properties in an effort to revitalize some of the city’s blighted neighborhoods. According to a report in the New Orleans Times-Picayune, prospective buyers will be able to view the properties online beginning March 6 and may be able to claim a property for as little as $3,000.
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MKM Partners recommends stock buys on these two mortgage insurers

Sees strong fundamentals for investors in MGIC, Radian
Trey Garrison
MKM Partners sees potential -- strong potential -- for investors in mortgage insurers, owing to where they see the housing industry going. Here's what they're saying.
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Capital Economics on mortgage apps: Nowhere to go but up

Fundamentals point to upswing over the long haul
Trey Garrison
Mortgage rates finished February flat after a very down run through the bulk of the month. While some are concerned, here are a few reasons other analysts are much more optimistic.
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At long last: ING completes exit from disastrous US business ventures

Completes divestment of Voya Financial
Ben Lane
With the sale of 45.6 million shares of Voya Financial, ING Group announced Wednesday that its exit from the U.S. retirement, investment and insurance business is complete. ING agreed to divest itself from Voya at the direction of the European Commission, as part of its bailout of ING.
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Early soundings suggest slowing job creation in February

ADP, Gallup point to potential slowing
Trey Garrison
Two early metrics suggest job creation slowed in February. Here’s why.
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Mortgage applications hold the line

Last week of February sees a stop to declines
Trey Garrison
After three weeks of steady declines, mortgage applications held steady in final week of the month. Here’s what happened.
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JPMorgan Chase: Hold the phone on those DOJ robo-signing charges

Claims DOJ misrepresented settlement agreement
Ben Lane
JPMorgan Chase is pushing back at the Department of Justice’s claims that it admitted to misfiling more than 50,000 payment change notices in bankruptcy courts that were “improperly signed, under penalty of perjury, by persons who had not reviewed the accuracy of the notices.” According to Chase Vice President and Head of External Communications Jason Lobo, Chase made no such admissions, despite agreeing to the settlement.
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Here’s how much mortgage servicing Altisource Residential is offloading

SEC filing reveals contract details with BSI Financial and Fay Servicing
Ben Lane
Last month, HousingWire reported that Altisource Residential agreed to separate mortgage servicing contracts with two vendors, Fay Servicing and BSI Financial Services. What wasn’t known at the time was just how much servicing Altisource would be transferring, but a recent filing with the Securities and Exchange Commission reveals the size of the contracts.
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