This is the insane pool/patio video everyone is going crazy over

This is the insane pool/patio video everyone is going crazy over

Never expected our Facebook to blow up over one of these

Freddie Mac: Here are the top 5 improving metro housing markets

Not just L.A. and NYC

It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor
W S

News

Safeguard Properties strengthens IT management with two promotions

Amitha Rao and Rick Moran promoted to management positions
Ben Lane
Safeguard Properties promoted two of its own, Amitha Rao and Rick Moran, into management positions within for its IT operations.
Read More

Invitation Homes bringing another REO-to-rental securitization to market

Company’s third in 2014 and fourth overall
Ben Lane
Both Morningstar and Kroll Bond Ratings Agency released presale reports for the securitization, with each awarding $328.91 million in AAA ratings to the offering's Class A tranche.
Read More

Ocwen’s bad week just got worse

Fitch places Ocwen on rating watch negative
Ben Lane

Fitch said that it has “long-standing concerns” over Ocwen's aggressive growth and heavy concentration of offshore resources, and the current issues raise more concerns “over Ocwen's oversight of its systems and processes.”


Read More

GRAPHIC: Trulia’s housing scare report

Would you live next to a graveyard?
Brena Swanson
When it comes to purchasing a new home, what level of terror are you willing to put up with? Is a death in the home or the site of a former crime scene too much?
Read More

Bidder offers $3.2 million for 6,000 Detroit foreclosures

Buyer remains anonymous
Brena Swanson
Someone is stepping up to invest in Detroit, and while the person remains a mystery, an auction in Motor City of more than 6,000 foreclosed properties found an unidentified bidder who has offered $3.2 million for the buy.
Read More

This is the insane pool/patio video everyone is going crazy over

Never expected our Facebook to blow up over one of these
Trey Garrison
It’s the Hidden Pool, from California-based Hidden Water Pools, and they want to change the way we look at pools. It's nothing new, except it went viral this week. Dudes, mission accomplished.
Read More

Analysts: New home sales stall-out is a disappointment

Expect some rebound but demand remains restrained
Trey Garrison
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.
Read More

Freddie Mac: Here are the top 5 improving metro housing markets

Not just L.A. and NYC
Brena Swanson
"The good news from MiMi this month is the improvement across more markets and not just the large markets like Los Angeles and New York which receive so much of the attention,” said Freddie Mac Deputy Chief Economist Len Kiefer.
Read More

Investors Unite hosts conference on Fannie, Freddie path out of conservatorship

White paper outlines different path for GSEs
Trey Garrison
Investors Unite Executive Director Tim Pagliara will host a teleconference on Oct. 29 at 3 pm EDT to discuss a provocative new white-paper analysis on the future of Freddie Mac and Fannie Mae.
Read More

Toll Brothers CEO calls new mortgage rules dumb

“3% down doesn’t make any sense”
Brena Swanson
Not every builder is on board with federal regulators’ move this week to open the credit box and ease mortgage-qualification standards. While other builders like PulteGroup and Ryland Group welcome the new rules, Luxury homebuilder Toll Brothers finds the rule dumb.
Read More