HousingWire reveals the 50 fastest-growing companies in housing economy

HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks public, private companies on revenue growth

Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
W S

The Ticker

MBA: Mortgage credit availability unchanged in September

Measure 16 points above March 2012 benchmark
Trey Garrison
Mortgage credit availability remained unchanged in September, according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association.
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Gallup: Payroll to population holds steady at 44.8%

Percentage working is highest for a September in four years
Trey Garrison
The U.S. Payroll to Population employment rate as measured by Gallup was 44.8% in September, similar to the 44.9% in August.
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Jobless claims down to 287,000 for week

Down 8,000 from previous week
Trey Garrison
Jobless claims for the week ending Sept. 27 printed at 287,000, a decrease of 8,000 from the previous week's revised level.
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Talking tech with Donald Trump Jr.

Pavaso CEO Mark McElroy discusses TILA-RESPA compliant solution
Matt Corcoran

The show is 21st Century Television, with guest host Donald Trump Jr. interviewing Mark about the TILA-RESPA ruling, and how technology available today can not only help the industry comply, but thrive, with a whole new world of possibilities in a digital marketplace. 


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Lone Star invests $1 billion in high-risk Caliber loans

New loans will target Alt-A and "high quality" subprime borrowers
Ben Lane
According to a report from Bloomberg Businessweek, after about $200 million worth of loans have been made, the debt will be packaged into bonds and sold, with the new fund, Lone Star Residential Mortgage Fund I, retaining the riskiest pieces, according to the materials. The company expects to provide investors gross returns of 15% after three years.
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$8.5B BAC settlement one step closer to resolution

Key opponent drops objection suit
Brena Swanson
Bank of America’s $8.5 billion settlement with investors in mortgage-backed securities is another step closer to receiving final court approval, with one key opponent dropping its objections.
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Fannie Mae, Freddie Mac stocks plummet amid lawsuit

Judge throws out investors’ lawsuit
Brena Swanson
Fannie Mae and Freddie Mac stocks dropped on Wednesday, after a judge threw out a lawsuit brought by investors in the companies to stop the government from making the companies pay a quarterly dividend to the U.S. Treasury.
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FHFA director faces criticism from former allies

Housing advocates want more change
Brena Swanson
While they were the original supporters of his appointment, housing advocates are now frustrated with the lack of changes to housing policy since Mel Watt took over.
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JPMorgan to face $10B MBS case

Bank hit with class action lawsuit
Brena Swanson
JPMorgan Chase must face a class action lawsuit by investors who claimed the bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial crisis.
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ADP projects 213K new jobs for September

High optimism in payroll company projection
Trey Garrison
ADP's estimate for private payroll growth for September is 213,000 jobs created.
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