The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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The Ticker

Manhattan real estate prices hitting new records

Prices soaring despite increased supply on market
Trey Garrison
Prices for previously owned Manhattan condominiums rose to a record last month even as an increase in the supply of units eased competition among buyers.
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Bank of America urges judge to toss “Hustle” case verdict

Case links to Countrywide mortgages
Brena Swanson
Bank of America asked U.S. District Judge Jed Rakoff in Manhattan to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.
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Fannie Mae to sell Washington headquarters

Fannie consolidates into single office
Brena Swanson
Fannie Mae is saying goodbye to its iconic, mansion-like headquarters, located at 3900 Wisconsin Ave. Instead, the company is opting to move into one single, leased office.
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BEA says GDP grew at 4.2% in second quarter

Revision upward comes from nonresidential fixed investment
Trey Garrison
Real gross domestic product – the output of goods and services produced by labor and property located in the United States – increased at an annual rate of 4.2% in the second quarter of 2014.
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Veros Integrates with Calyx for AVM software

VeroVALUE, other AVMs now available through Calyx
Brena Swanson
Veros Real Estate Solutions’ automated valuation model VeroVALUE and its other AVMS are integrating into Calyx Software’s Point software.
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zipLogix, Realty Pilot partner to enhance real estate solution

Solution tracks transaction history
Brena Swanson
zipLogix and Realty Pilot, a developer of enterprise software and data analytics for the real estate industry, entered into a strategic partnership, integrating Realty Pilot’s OfferRunway.com technology to zipForm Plus.
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5 big lenders to help lower military mortgage payments

Obama Administration's new push to help service members
Brena Swanson
In a new effort to help provide home financing to service members, five top lenders commit to the Obama Administration’s new program to help people in the military save hundreds of dollars or more each year.
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Zillow: Fewer homes underwater in second quarter

Blocks first-time buyers from moving
Brena Swanson
Although the percentage of underwater homeowners continues to heal, the remaining pain is left to struggling borrowers of low-price homes.
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7 Signs you're ignoring TILA-RESPA

The truth hurts — let's at least laugh about it
Matt Corcoran
“How many of you have read the TILA-RESPA rule?” Only five people in the audience raised their hands for having read the abbreviated rule — only two raised their hands for having read the full rule.
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Lenders have some new options; some are great, but many are not so good
Tommy A. Duncan
Software is not likely to replace a well-trained quality control professional, but that hasn’t prevented an increase in mortgage-technology acquisitions aimed at buying the best-automated QC system on the market.
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