HUD’s Donovan: This is the worst rental crisis in this nation, ever

HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo

WFC can't keep alleged bogus foreclosure manual out of court

U.S. judge allows discovery on Tirelli's smoking gun

The 10 greenest places to live

Happy Earth Day, everyone!
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News

Scores are in: Top improving states and metros

Freddie Mac: Over half of metros continue to improve
April 23, 2014
Freddie Mac released the February numbers for its latest Multi-Indicator Market Index, which shows that still more than half of the top 50 metro areas continue to record improving trends.
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Mortgage activity drops 3.3%

MBA survey finds refis, originations down
April 23, 2014
After rising last week slightly to break a streak of four weeks of straight declines, mortgage applications dropped 3.3%, according to the Mortgage Bankers Association’s weekly mortgage applications survey for the week ending April 18.
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Flagstar posts big loss in shrinking mortgage market

CEO hopes 'to achieve profitability in any mortgage environment'
April 22, 2014
"During the quarter, we made the determination to significantly bolster our loan loss reserve estimates which results in an increase to the loss coverage period from approximately 12 months to 18 months," Flagstar CEO Sandro DiNello said.
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Fracking decreases property values as much as 15%

And 8 other gas-drilling observations from Ballard Spahr
April 22, 2014
“This is not a short-term boom,” said Harry Weiss, of Ballard Spahr’s Environment and Natural Resources Group. "This is a many, many, many year process. Someday, somewhere, somehow you’re going to see it everywhere.”
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HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo
April 22, 2014
Secretary of the United States Department of Housing and Urban Development Shaun Donovan called on members of Congress to pass housing finance reform now because “this might be the only chance we have to get something done in this decade.”
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Sen. Warren publishes "A Fighting Chance"

Will this leave her sitting pretty, or judged as sitting bull?
April 22, 2014
The U.S. senator who helped birth the Consumer Financial Protection Bureau, who raised $43 million to run for senate while decrying money in elections, who allegedly practiced law without a license in Boston, and who many on the right nicknamed “Faux-cahontas” has written a book.
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3 ways Canada beats the U.S. leaves out 1 huge factor

April 22, 2014
Canada officially outpaced America’s middle class and is now home to the richest middle class on the planet. But one key metric was left out of the report: housing.
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GSEs lower expectations on housing market for 2014

Fannie, Freddie revise sales, construction forecasts downward
April 22, 2014
The government-sponsored enterprises are lowering their housing expectations for 2014, citing shrinking inventory and tightened credit standards among other reasons.
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Grandmother evicted from HUD home for cigarettes

She's been smoking since the New Deal, but now she gets this deal
April 22, 2014
An 89-year-old grandmother is being kicked out of her HUD home for smoking cigarettes.
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The 10 greenest places to live

Happy Earth Day, everyone!
April 22, 2014
In honor of Earth Day, here are the greenest cities in the country. The geographical disbursement might surprise you.
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