Fannie Mae: Don't expect 2015 to be a breakout year for housing

Stop panicking about recent foreclosure numbers

The sky is not falling

Sen. Warren accuses FHFA’s Watt: “You haven’t helped a single family”

Senator charges FHFA with dereliction on principal reduction
W S

The Ticker

Goldman bankers fired after leaking confidential Fed info

Banker formerly worked for Federal Reserve Bank of New York
Brena Swanson
Goldman Sachs fired two bankers due to one of them allegedly sharing confidential documents from the Federal Reserve Bank of New York within the firm.
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Hensarling picks chairs for housing and business subcommittees

Leutkemeyer to head housing, Neugebauer to helm financial
Trey Garrison
Financial Services Committee Chairman Jeb Hensarling, R-Texas, announced his selection of subcommittee chairmen for the next Congress.
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Initial jobless claims fall 2K to 291,000 for week

Four-week rolling average up 1.75K
Trey Garrison
The four-week moving average was 2,369,000, a decrease of 6,250 from the previous week's revised average. This is the lowest level for this average since Jan. 13, 2001 when it was 2,360,500. The previous week's average was revised up by 2,750 from 2,372,500 to 2,375,250.
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Zillow: Mortgage rates fall further below 4%

Continues at sub-4% level for seventh week in a row
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.82% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from last week’s figure of 3.9%.
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Smaller home sizes usher in more affordable housing

Newly built homes shrink in size
Brena Swanson
The shrinking size of newly built, single-family homes in the U.S. could be the beginning of a shift toward more affordable houses.
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Reuters: DOJ collects $24.7 billion in settlements in 2014

JPMorgan Chase & Co., Citigroup, BofA among biggest settlements
Levi Shultz
The U.S. Department of Justice reported a total of $24.7 billion in settlements for fraud and other cases in 2014. Approximately $11 billion came from settlements with JPMorgan Chase & Co. and Citigroup, along with $16.65 from Bank of America.
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Wells Fargo, DOJ losing “optimism” for lawsuit settlement

Wells Fargo lawyer says litigation may continue
Ben Lane
A settlement between Wells Fargo and the U.S. Department of Justice over claims that Wells Fargo misled the U.S. Department of Housing and Urban Development into believing its loans qualified for insurance from HUD's Federal Housing Administration has hit another snag.
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NYSE canceling suspicious Home Depot stock trades

Stock plummeted nearly 10% in less than a minute
Ben Lane
The New York Stock Exchange reviewed and subsequently canceled a series of trades involving Home Depot that took place during a one-minute period on Tuesday, according to a report from Marketwatch.
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PropertyRadar: Spring could bring hope for California homebuyers

Median home prices remain unchanged
Brena Swanson
The median price of a California home in October remained unchanged from September, reaffirming a continuous trend of flat price increases and potentially paving the way for a better spring homebuying season.
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More baby boomer parents move in with their kids

It’s not just millennials
Brena Swanson
While millennials are commonly reported to be moving in with their parents, another group of people have been quietly doubling up: baby boomers and their own aging parents.
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