Where's Watt?

Where's Watt?

FHFA scorecard should be marked tardy

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Key MERS legal employees turn away from company

Company now under federal scrutiny
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The Ticker

5 tips for house flippers

April 18, 2014
"Flipping is back" may be a bit of an overstatement, but activity is there. No judgement on the mentality that buys into the "eternal price appreciation" model or what the short-term mindset does to long-term investments. But still, CNBC and Bankrate are going with this: Flipping is back.
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Eminent domain: Whose land is it anyway?

April 18, 2014
HousingWire has covered eminent domain as both a tool some want to use for dealing with underwater mortgages, and as a tool used improperly in real estate deals. CNBC looks at the effects of the landmark Kelo decision now, almost a decade later.
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RE/MAX: March home sales build momentum for 2014

All 52 metro areas record increase in sales
April 18, 2014
March home sales increased over the previous month for the first time in 2014, rising 24.6% from February, in addition to all 52 metro areas surveyed reporting an increase in sales over February.
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Despite new law, Florida foreclosures take longer

April 18, 2014
Florida recently passed a new law to help speed the foreclosure process up. But there's just one problem: the process is actually getting longer.
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Home-loan payoffs in Colorado fall to 5-year low

April 17, 2014
According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.
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Despite 1Q earnings falling, Goldman Sachs beats estimates

April 17, 2014
Goldman Sachs reported that its first-quarter net income decreased 10%, posting a net income of $2.03 billion.
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Morgan Stanley annual 1Q earnings increase 55%

April 17, 2014
Morgan Stanley recorded a first quarter surge in earnings with a 55% increase as higher revenue from its institutional securities business augmented another strong quarter from wealth management.
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Palisades to oversee Oaktree's mortgage assets

April 17, 2014
Palisades will serve as the credit manager of pools of single family residential loans held in more than thirty individual securitization trusts beneficially owned by Oaktree, representing over $3.2 billion of unpaid principal balance.
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California home prices reach highest level in 6 years, don’t slow home sales

April 16, 2014
In March, the median price for a home rose to $366,000, which was up $16,000 from February and marks the highest price since March 2008. Despite the high price tag, home and condominium sales were up nearly 21% for the month.
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National Mortgage Insurance Corp. now licensed in all 50 states

April 16, 2014
Company's licensing approval in Wyoming means it's licensed in all 50 states and the District of Columbia.
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