Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

The direction of housing and mortgage finance could turn this week

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Freddie Mac completes largest sale ever of seriously delinquent loans

GCAT Management Services wins all three pools
W S

News

ComplianceEase acquires Mortgage Banking Systems

Acquisition better prepares company for TILA/RESPA
Brena Swanson
ComplianceEase, a provider of automated compliance solutions, acquired the assets of Mortgage Banking Systems, a provider of mortgage document preparation and closing software solutions. As a result, the company is now better prepared for all of the regulatory changes on the horizon, including TRID.
Read More

Black Knight: Home prices essentially flat in January

Price growth still sees 4.6% rise over last year
Trey Garrison
Home prices flat-lined in January, according to Black Knight Financial Services. But there were peaks and valleys in a variety of housing markets. Here’s the skinny.
Read More

Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

The direction of housing and mortgage finance could turn this week
Trey Garrison
Housing and mortgage finance has had a rough time so far this year. This week could be the week it turns, or the week that turns on the industry. Either way, we’ll still have baseball.
Read More

Home eviction leads to grisly, tragic discovery

Police discover two children’s bodies in freezer
Trey Garrison
Home evictions can uncover any number of problems, but an eviction in Detroit led to a very disturbing crime scene and the arrest of a mother.
Read More

Freddie Mac completes largest sale ever of seriously delinquent loans

GCAT Management Services wins all three pools
Brena Swanson
Shortly after releasing the new requirements for the sales of non-performing loans, Freddie Mac announced its biggest sale yet of seriously delinquent loans from its portfolio. This one is nearly the same amount as the first two pilot sales combined.
Read More

Woman falls for real estate scam on Trulia

Scammer hijack listing
Brena Swanson
A woman fell victim to an Internet scam on Trulia’s real estate website after spending nearly $1,000, including sending a security deposit to a person she thought was the owner of the rental home.
Read More

B2R Finance launches first multi-borrower single-family rental securitization

Consists of $230 million aggregate balance
Brena Swanson
Moving into a new territory for the industry, B2R Finance announced its first multi-borrower SFR securitization transaction.
Read More

Twitter roundup of this week's top housing articles

CFPB heads up the list
Brena Swanson
The list of the most-read HousingWire stories for this week is filled with some of the normal names in the mix, like the CFPB. However, another big name joined the list this week — Yahoo. This time we deliver the top-five list via Twitter. Happy Friday, everyone!
Read More

Will the Fed’s inevitable interest rate hike break a fragile recovery?

Capital Economics: Outside dynamics strong enough to meet the challenge
Trey Garrison
Some are worried that the Federal Reserve’s coming interest rate hike could smothers the housing recovery. But not everyone thinks that way.
Read More

Florida homeowners can start claiming their $6.5M from SunTrust

More than 8,000 eligible Floridians
Brena Swanson
Here's some good news for Florida homeowners who were impacted by SunTrust. The office of Attorney General Pam Bondi sent out official claim forms for borrowers to receive their share of the National SunTrust Settlement.
Read More