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

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. 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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Unemployment rate falls as all-time high number drop out of labor force

Employers added 295K jobs in February
Trey Garrison
The unemployment rate dropped and an unbelievable number of jobs were added by employers, but the devil is in the details.
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FHFA director Watt answers “What’s going on with HARP?”

Sets industry talks straight
Brena Swanson
After a town hall meeting on the Home Affordable Refinance Program on Wednesday, the housing market was left questioning if the program would be extended or possibly even expanded. And the industry was quick to ask FHFA Director Mel Watt to clarify at the Goldman Sachs Housing Finance Conference in New York City the next day.
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Redwood Trust: 4 optimistic opportunities ahead for mortgage REITs

Experts weigh in on mREITS at Goldman Sachs Housing Finance Conference
Brena Swanson
While the overall consensus leaned toward a less-than-thriller year for mortgage real estate investment trusts, one expert at the Goldman Sachs Housing Finance Conference was optimistic about the future of mREITs.
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Massachusetts Court of Appeals upholds MERS rights

Rules mortgage assignment was valid
Ben Lane
MERSCORP’s rights as mortgagee have come under fire in many courtrooms throughout the U.S., but a decision from the Massachusetts Court of Appeals reinforces the company’s right to assign a mortgage.
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Realtor.com boosts Big Apple listings big time

Announces listing agreements with “prominent” New York brokerages
Ben Lane
Realtor.com, which has long boasted that it has the “most accurate” data of any online real estate site, took another step toward improving its data accuracy with the announcement of new listing agreements that will provide the site with direct feeds from several of New York’s “prominent” brokerages, and a listing service, as well.
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