Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
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The Ticker

Netflix and the housing industry

Why "digital transformation" needs to be front-of-mind today
Matt Corcoran

Perhaps the most easily understood example of a technology disruption that occurred, and a digital transformation that didn’t, is the battle between the Internet-centered Netflix and the brick-and-mortar Blockbuster.


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Dick Bove: "Mortgage crisis by winter"

Who will fill in the financial vacuum?
Brena Swanson
The end of 2014 does not look good, according to banking analyst Dick Bove. "A toxic brew is bubbling in the housing market that will lead to a mortgage crisis by winter," Bove cautioned.
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HUD’s Castro keynotes Bipartisan Policy Center housing summit

New secretary to bring focus on affordability, housing challenges
Trey Garrison
The new Housing & Urban Development secretary will be keynoting the Bipartisan Policy Center’s 2014 Housing Summit, Housing America’s Future: New Directions for National Policy.
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Home Depot may be victim of ginormous credit card data breach

Many times larger than Target?
Ben Lane
The report states that a massive batch of stolen credit and debit cards went on sale in the “cybercrime underground” on Tuesday morning and that multiple banks are reporting that they are seeing evidence that the stolen credit data may have come from Home Depot stores.
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Construction spending in July jumps the most in two years

Public, nonresidential spending fuel the bulk of growth
Trey Garrison
Construction spending during July 2014 was estimated at a seasonally adjusted annual rate of $981.3 billion, 1.8% above the revised June estimate of $963.7 billion and the biggest jump in two years.
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Kofax announces acquisition of German tech firm

Company to integrate electronic signature software
Ben Lane
Kofax said it anticipates the Softpro integration will help to increase the speed and simplify the signature capture process, therefore enabling organizations to offer a fully digital, streamlined and secure experience with confidence.
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SEC adopts tighter securitization, ratings agency rules

Makes banks more transparent
Brena Swanson
The U.S. Securities and Exchange Commission adopted tighter rules for asset-backed securities and credit rating agencies in order to better protect investors, finally tackling two issues at the core of the financial crisis after years of delays.
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Countrywide’s Mozilo speaks: “We didn’t do anything wrong”

Former CEO fights back against coming lawsuit
Brena Swanson
Six years after the financial crisis and the government is still seeking justice for the financial crisis, targeting Countrywide Financial co-founder Angelo Mozilo. But to Mozilo, he did nothing wrong.
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TILA-RESPA humor and Google homebuyer stats

Recapping last week's change-up posts
Mark McElroy

It’s important to remember that beyond TILA-RESPA lies a whole new world of consumers expecting the rest of the world to be as digital and mobile as they’ve become.  


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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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