4 factors weighing down housing in the second half of 2014

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation

The real reason Fannie and Freddie don't do principal modifications

Looking out for your retirement
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News

FOMC tapers another $10 billion

Bond purchases nearly over as October approaches
July 30, 2014
The Federal Reserve decides to taper another another $10 million in bond purchases.
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FTC: Bill collectors posed as cops to threaten arrest

Tried to collect debts discharged in bankruptcy
July 30, 2014
The latest Consumer Financial Services Alert, from law firm Ballard Spahr, highlights alleged nefarious tactics from bill collectors in New York, including threatening to arrest borrowers.
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Fitch: Statebridge assigned "outlook stable" rating

Rating based on evidenced servicing capabilities
July 30, 2014
"Statebridge has an experienced senior management team, developed recruiting, staffing, and retention programs, and developed loan and default administration capabilities," Fitch Ratings said.
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Did Treasury plan to shortchange Fannie, Freddie investors?

As more layers peel away, a pattern forms
July 30, 2014
A report on TheStreet.com Tuesday focusing on the potential for conflict of interest in Blackstone serving as an advisor to the U.S. Department of Treasury missed a much bigger story.
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Sterne Agee: Housing continues to struggle

Builder opportunities exist in light of shrinking inventories
July 30, 2014
A note to clients from Sterne Agee reports on the state of the homebuilder market, which shows housing continues to struggle against falling inventories and subpar sales.
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REIT definition too broad?

Windstream cleared to form REIT
July 30, 2014
In a strategic move, Windstream was cleared by the IRS to reclassify most of its copper and fiber-optic lines as real estate. But not everyone is supportive of this venture.
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Industry competition, DDoS attacks can't stop Move

2Q earnings increase 9 quarters straight
July 30, 2014
Despite a DDoS attack that put the company out of service for a couple of days and increased competition, Move managed to still record an increase in revenue.
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4 factors weighing down housing in the second half of 2014

Will housing collapse?
July 30, 2014
There is some division in the industry on whether housing will continue to recover going into the second half of 2014. There are some bright spots, but three market segments in particular are a concern.
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BEA: Initial 2Q GDP grows at 4% pace driven by consumer spending

Advance, incomplete estimate subject to two more revisions
July 30, 2014
Real gross domestic product increased at an annual rate of 4% in the second quarter of 2014, according to the "advance" and incomplete estimate released by the Bureau of Economic Analysis Wednesday.
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Mortgage applications continue fall with 2.2% drop

Refinancings drop 4% with purchases up 0.2%
July 30, 2014
Continuing the long-term trend this year, mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 25, 2014.
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