It’s official: Zillow will own Trulia

It’s official: Zillow will own Trulia

"Better agents make for better advertisers"

Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl

Here’s why the FHFA is not a fan of principal reduction

Who's going to pay for that?
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The Ticker

Moody’s rates 2014-SFR2 securitization at $322.6M in Class A

July 28, 2014
Moody's Investors Service has assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,750 single family rental properties owned by the Invitation Homes 2014-SFR2 securitization.
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Man accidentally posts naked photo in home listing

This wasn’t the kind of exposure he wanted for his house
July 28, 2014
A Texas man hoping to sell his home made a big mistake while posting an image of his home online. (Safe for work.)
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The future of affordable housing is Lego houses?

Danish company showcases 3D printed Lego-style home idea
July 28, 2014
Affordable housing is a worldwide challenge, even here in the United States. But when you think of it, people may have been playing with – and building – the very solution to the problem for going on 80-plus years.
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KBRA rates third Invitation Homes single-family 2014-SFR2

July 28, 2014
Kroll Bond Rating Agency assigns preliminary ratings to six classes of Invitation Homes 2014-SFR2 single-family rental pass-through certificates.
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Shifting gears on TILA-RESPA

Our weekly summary
July 28, 2014

How much of the TILA-RESPA rule implementation have you discussed and planned for in your organization?


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Goldman hired for Radian Asset selloff

Pending private mortgage insurance rules speed up process
July 25, 2014
Radian hired Goldman Sachs to evaluate interest in its financial guaranty business Radian Asset, according to Radian. The company has been in the runoff since 2008.
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Bank of America Merrill Lynch concludes Dodd-Frank killed housing

Not coming back to life soon, either
July 25, 2014
“In testimony to Congress on QRM, Mr. Frank noted changing the US residential mortgage market was foremost among the very purpose of the statute,” said analysts Flanagan and Katz. And change that market it did — by sucking the life out of it.
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S&P receives wells notice over CMBS ratings

Tied to loans from 2011
July 25, 2014
Commercial-mortgage backed securities Standard & Poor graded in 2011 are under question after McGraw Hill Financial said it received a notice from the U.S. Securities and Exchange Commission that the regulator may seek an enforcement action.
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Non-U.S. banks up rules on bad loans

IASB overhauls finance-accounting rules
July 25, 2014
According to new regulations, European banks and other non-U.S. banks will have to record losses on bad loans more quickly and set aside more reserves for loan losses.
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Flagstar approves ULSA as an AMC

Provides appraisal services to retail, correspondent channels
July 25, 2014
Flagstar Bank approved Urban Lending Solutions Appraisals as an Appraisal Management Company, providing appraisal services to both Flagstar’s retail and correspondent channels.
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