America’s housing not ready for ever-expanding over-50 population

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility, affordability for older Boomers

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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News

Construction spending in July jumps the most in two years

Public, nonresidential spending fuel the bulk of growth
Trey Garrison
Construction spending during July 2014 was estimated at a seasonally adjusted annual rate of $981.3 billion, 1.8% above the revised June estimate of $963.7 billion and the biggest jump in two years.
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America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility, affordability for older Boomers
Trey Garrison
Americans are living longer and the country doesn’t have nearly enough appropriate housing to support them, according to a new report by the Harvard Joint Center for Housing Studies and AARP Foundation.
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Home price growth slows to 21-month low

CoreLogic: July gains just 7.4%
Trey Garrison
Home prices nationwide, including distressed sales, increased 7.4% in July 2014 compared to July 2013, according to the July report from CoreLogic – a significant slowdown that continues the long-term trend and a 21-month low.
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Kofax announces acquisition of German tech firm

Company to integrate electronic signature software
Ben Lane
Kofax said it anticipates the Softpro integration will help to increase the speed and simplify the signature capture process, therefore enabling organizations to offer a fully digital, streamlined and secure experience with confidence.
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SEC adopts tighter securitization, ratings agency rules

Makes banks more transparent
Brena Swanson
The U.S. Securities and Exchange Commission adopted tighter rules for asset-backed securities and credit rating agencies in order to better protect investors, finally tackling two issues at the core of the financial crisis after years of delays.
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Countrywide’s Mozilo speaks: “We didn’t do anything wrong”

Former CEO fights back against coming lawsuit
Brena Swanson
Six years after the financial crisis and the government is still seeking justice for the financial crisis, targeting Countrywide Financial co-founder Angelo Mozilo. But to Mozilo, he did nothing wrong.
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2.5 million borrowers face imminent payment shock

Resets to happen over next few years
Brena Swanson
Tough forecast ahead for HELOC borrowers: Over the next three years, borrowers using home equity lines of credit are predicted to have a severe payment shock impacting their monthly budget.
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The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform
Barry Zigas
It now seems all but certain that 2014 will end without any further progress on comprehensive mortgage finance legislation. But the coming months will offer little comfort for those who rooted for such a stalemate in hope of avoiding hard decisions about fundamental parts of the current system.
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Manhattan real estate prices hitting new records

Prices soaring despite increased supply on market
Trey Garrison
Prices for previously owned Manhattan condominiums rose to a record last month even as an increase in the supply of units eased competition among buyers.
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Redfin: Here's why now is the ideal time buy a home

Positive forecast for rest of 2014
Brena Swanson
Winter brought a surprise polar vortex that fed into a spring home-buying season that didn’t produce astounding results, but the remaining month of summer and rest of the year are projected to finally produce strong housing activity.
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