PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
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The Ticker

Citi 3Q earnings revised down

Adds in $600M increase in legal costs
Brena Swanson
Citigroup lowered its third-quarter net income due to a $600 million increase in legal accruals.
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$8M for Holly Golightly’s Upper East Side townhouse

That iconic green door and everything behind it could be yours
Trey Garrison
Own a piece of cinematic history and a nice little Upper East Side townhome to boot for the bargain price of $8 million.
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California man jailed for foreclosure rescue scam

Sentenced to 10 years in prison
Brena Swanson
A Huntington Beach man who was involved in a nationwide foreclosure scam that included several Sacramento-area homeowners among its victims has been sentenced to 10 years in prison, according to an article in The Sacramento Bee.
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Jobless claims tick up by 3,000 filings

Still remains at historic lows
Brena Swanson
Although initial jobless claims ticked up by 3,000 filings to 287,000 for the week ended Oct. 25, levels still remain at historic lows.
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Greenspan: End of tapering will cause market turmoil

Will the Fed end QE?
Brena Swanson
The Federal Open Market Committee meeting minutes are just minutes away from being revealed, potentially announcing the end to Quantitative Easing. Former Federal Reserve Chairman Alan Greenspan said he doesn’t think the Fed can unwind years of extraordinary stimulus without causing turmoil in financial markets.
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$3.2M Detroit foreclosure mystery bidder revealed

Here are the plans going forward
Brena Swanson
The mystery buyer behind the purchase of more than 6,000 Detroit foreclosed homes was revealed on Tuesday. Here are his plans for what he hopes to do with it.
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Stop blaming millennials for housing troubles

They aren’t the only problematic generation
Brena Swanson
While a lot of reports point to millennials as being the problem behind the lag in the housing recovery, there is another cohort turning away from homes even faster: generation X.
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This housing chart might scare the pants off you

ZeroHedge: The San Fran canary in the coal mine is a dead parrot
Trey Garrison
The San Francisco housing market has always been a bellwether, and it doesn't look pretty, according to our friends at ZeroHedge.
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Moody’s acquires Lewtan Technologies

Lewtan becomes part of Moody’s analytics business
Ben Lane
Lewtan, based in Waltham, Massachusetts, provides solutions to issuers, investors, underwriters and others to administer, monitor and value securitized transactions. Its products cover more than 200,000 bonds and 20,000 securitized deals, serving over 300 financial institutions worldwide.
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BofA’s $16 billion settlement on hold due to SEC fight

SEC commissioners split on granting waivers for relief
Ben Lane
According to a new report from Bloomberg, Bank of America's $16.65 billion settlement is “being held up” by an internal fight at the SEC over whether certain additional sanctions should be waived or not.
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