5 tips for new renters this summer

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales
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News

Treasury sweep of Fannie, Freddie shareholder profits "costly for housing"

National Law Review: FHFA in “breach of its duties under HERA”
Trey Garrison
Yale Law School lecturer Logan Beirne examined a lawsuit recently filed by three Fannie Mae and Freddie Mac investors accusing the federal government of exceeding its authority as a conservator, and in a National Law Review article, he supports their contention.
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USDA reportedly raising guarantee fees for 0% down mortgages

Increase to go into effect on Oct. 1
Ben Lane
The price that borrowers pay for a 0% down payment loan from the U.S. Department of Agriculture’s Rural Housing Service is reportedly set to rise later this year. Click through to learn more.
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Ellie Mae publishes comprehensive TILA-RESPA guide

Comprehensive FAQ will be regularly updated
Trey Garrison
Ellie Mae is publishing a free, 16-page RESPA-TILA FAQ guide to help lenders understand and comply with the Integrated Disclosure Rule, currently scheduled to go into effect Oct. 3.
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Black Knight updates LOS for TRID

Mortgage industry gets a little extra time
Brena Swanson
TRID is coming, and as a result, Black Knight Financial Services released the latest version of Empower, its loan origination system for retail and wholesale lending to be ready for the Consumer Financial Protection Bureau’s upcoming implementation date.
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5 tips for new renters this summer

Can you afford it?
Eric Narcisco
There are a few things that many renters don’t realize they’re missing until after it’s too late. Here are five rental reminders before the next big move.
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S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%
Trey Garrison
Home prices in April continued their rise across the country over the last 12 months, but the pace of the gains slowed, according to the S&P/Case-Shiller Home Price Indices. Is there a problem?
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Citi fails National Mortgage Settlement loan modification metric

NMS reports on correction action plans
Trey Garrison
Citi failed one of the new metrics used by the National Mortgage Settlement and the Monitoring Committee regarding loan modifications. What about the other big banks?
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Equifax: Mortgage originations soar 75% from last year

Growth attributed to first mortgages
Brena Swanson
Mortgage originations are booming, increasing nearly 75% from last year thanks to first mortgages, which grew 79.9% versus the first quarter of 2014 to $430 billion.
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Plutos Sama acquires The Fisher Law Group

Firm’s largest acquisition
Brena Swanson
Plutos Sama completed the acquisition of The Fisher Law Group, a default law firm practicing in Maryland and the District of Columbia, resulting in an increase of projected revenue from $54 million to $64 million.
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Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales
Trey Garrison
He’s been consistently more optimistic and consistently right on sales. Realtor.com’s chief economist Jonathan Smoke explains why it’s a seller’s market.
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