Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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News

Ellen DeGeneres lists two Los Angeles condos

Priced close to $16 million
Brena Swanson
On screen, Ellen DeGeneres is known for her comedic talk show. But along with her days on television, DeGeneres is known for her love of fixing up and selling houses.
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Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special
Trey Garrison
It's been quite a year for housing. One could even say it's comparable to the Star Wars Holiday Special from 1978. Here are some of the more bizarre events from 2014.
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Fitch Ratings: Housing in Texas and California are officially overvalued

Oil’s impact on two of the largest states
Brena Swanson
While many Americans’ wallets are thankful that gas prices are drastically low, Texas and California may not be as enthusiastic. And the root of the problem: Oil prices.
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AmeriSave Mortgage joins 97% LTV pioneer club

Lender jumping into Fannie’s lower down program
Trey Garrison
Only a handful of lenders so far have jumped on board the 97% LTV train, and AmeriSave Mortgage is the latest. Here's why they think it's a good choice.
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OCC: Mortgage performance improves in third quarter

Delinquencies, foreclosures decline on first-lien mortgages
Trey Garrison
Mortgage activity may be slowing overall, but first-lien mortgages are continuing to show improvement. Here's how it broke out in the third quarter.
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FHA loans could face "tidal wave of defaults"

All indices hit series high
Trey Garrison
"The increase in risk for all the major government agencies over the past two years is cause for concern," said Stephen Oliner, co-director of AEI's center. "This is especially true for FHA loans, which would experience a tidal wave of defaults if we have another severe financial crisis."
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Community bankers call on FHA to lower mortgage insurance premiums

Costs threaten housing recovery, trade groups say
Trey Garrison
The FHA is getting back on its fiscal feet, but it's still charging premiums that the mortgage finance industry worry are too high. Here's what they want, and why.
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What the hell is going on in the appraisal world?

The confusion of Fannie Mae's Collateral Underwriter
Anthony Roveda
It’s incumbent upon all in the industry to understand and implement best practices, but when the VERY use of appraisal services doesn’t employ some level of disclosure we might have a few problems. These problems are occurring right now with the massive confusion going on within the valuation space.
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Freddie Mac offloads $155 million of credit risk to insurers

Fourth ACIS transaction brings total credit risk offload to $205 billion
Ben Lane
As part of its continuing effort to limit the American taxpayers’ liability, Freddie Mac obtained a number of insurance polices designed to cover potential losses on a $155 million pool of single-family loans.
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18 Senators, mortgage bankers tell HUD: Time to lower FHA premiums

Letters cite health of MMIF as reason for lowering fees
Ben Lane
A group of 18 U.S. Senators and the Mortgage Bankers Association both sent letters to the U.S. Department of Housing and Urban Development on Thursday, stating that the time has come for the Federal Housing Administration to lower its mortgage insurance premiums.
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