Truth is, those recent housing numbers aren't so shiny

Truth is, those recent housing numbers aren't so shiny

Housing starts? More like housing stops, amirite?

This man pretends to be a Realtor and no one can stop him

Canadian fines don’t seem to slow down Derek Johnson

The top 10 critical issues facing GSE reform

Urban Institute: Reform in limbo
W S

The Ticker

Chicago FHLB launches Ginnie Mae MBS program

Gives small banks access to secondary mortgage market
Brena Swanson
The Federal Home Loan Bank of Chicago will soon launch its new program that allows members to originate and sell government-backed loans into Ginnie Mae mortgage-backed securities.
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Good news for the housing market?

Home Depot raises full-year forecast
Brena Swanson
Home Depot recorded strong second-quarter earnings on the same day the U.S. Census Bureau and the Department of Housing and Urban Development reported multifamily housing starts soaring.
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5th Circuit U.S. Court of Appeals affirms MERS authority to assign mortgage

Trey Garrison
The U.S. Court of Appeals for the Fifth Circuit affirmed MERSCORP Holdings’ authority to assign the mortgage lien as its basis for affirming the dismissal of a wrongful foreclosure lawsuit.
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Look! This penthouse can be yours for half a billion dollars

First, get a half a billion dollars
Trey Garrison
It’s Monaco, where there is so much money that if you meet three locals, one of them is a millionaire. And now it may be home to the world’s most expensive penthouse.
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3 reasons mortgage apps don't reflect housing strength

The growing disconnect between apps and sales
Brena Swanson
Mortgage applications continue to hover around the same level, while home sales keep rising. A new reports digs into why, citing three factors for the disconnect.
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Affiliated Mortgage sues Envoy Mortgage for $20M

Firm accused of stealing trade secrets
Brena Swanson
Affiliated Mortgage is suing Envoy Mortgage, alleging Envoy Mortgage stole some if its key executives in an effort to put Affiliated’s correspondent lending division out of business.
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NAR secures .REALTOR website domain

Changes standard URL endings
Brena Swanson
Finally coming to the housing industry, the National Association of Realtors’ new .REALTOR top-level domain will be available Oct. 23 to members of NAR and the Canadian Real Estate Association.
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Report: NAR pushes FTC to block Zillow, Trulia deal

New York Post source cites anti-competitive worries
Brena Swanson
The National Association of Realtors wants the Federal Trade Commission to block the $3.5 billion merger of Zillow and Trulia, according to an article in the New York Post.
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HUD starts housing hiring spree

Department plans to add 1,000 positions
Brena Swanson
The U.S. Department of Housing and Urban Development plans to add 1,000 positions across the country, adding to its current number of 8,000 federal employees. The department has not hired since sequestration began in March 2013.
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How to avoid feeling violated by the CFPB

Recapping TILA-RESPA tolerances — 50 weeks out
Mark McElroy
Previously averaging around $5,000 in total for RESPA violations, TILA-RESPA fines will be even higher because these penalties are assessed per day rather than per infraction, and the violation doesn’t need to be “knowing” or “reckless” in order to merit a penalty.
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