Julián Castro sworn in, spends first day as HUD Secretary

Julián Castro sworn in, spends first day as HUD Secretary

Former San Antonio mayor takes over for Shaun Donovan

Blackstone adviser: Investors worried about ‘serious correction’

Byron Wien still holds his line

It’s official: Zillow will own Trulia

"Better agents make for better advertisers"
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The Ticker

American Capital beats estimates by $0.19

REIT reports earnings per share of $0.87 in 2Q14
July 28, 2014
The company’s second quarter earnings were up from $0.71 in 1Q14.
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FHFA considering plan to offer single Fannie, Freddie bonds

Report on Common Securitization Platform may be coming soon
July 28, 2014
During his May speech at the Brookings Institute, FHFA Director Mel Watt said that adjusting the way Fannie and Freddie securitize mortgages was one of his key goals. Now it appears that the FHFA may be one step closer to accomplishing that goal.
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Is this approach to keeping homeowners a model to fight blight?

Boston group helps troubled borrowers - here's how
July 28, 2014
A Boston non-profit has another approach to principal reduction for troubled homeowners, and they say it’s fighting blight without involving anyone who doesn’t want to be involved, the Washington Post reports.
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Moody’s rates 2014-SFR2 securitization at $322.6M in Class A

July 28, 2014
Moody's Investors Service has assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,750 single family rental properties owned by the Invitation Homes 2014-SFR2 securitization.
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Man accidentally posts naked photo in home listing

This wasn’t the kind of exposure he wanted for his house
July 28, 2014
A Texas man hoping to sell his home made a big mistake while posting an image of his home online. (Safe for work.)
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The future of affordable housing is Lego houses?

Danish company showcases 3D printed Lego-style home idea
July 28, 2014
Affordable housing is a worldwide challenge, even here in the United States. But when you think of it, people may have been playing with – and building – the very solution to the problem for going on 80-plus years.
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KBRA rates third Invitation Homes single-family 2014-SFR2

July 28, 2014
Kroll Bond Rating Agency assigns preliminary ratings to six classes of Invitation Homes 2014-SFR2 single-family rental pass-through certificates.
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Shifting gears on TILA-RESPA

Our weekly summary
July 28, 2014

How much of the TILA-RESPA rule implementation have you discussed and planned for in your organization?


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Goldman hired for Radian Asset selloff

Pending private mortgage insurance rules speed up process
July 25, 2014
Radian hired Goldman Sachs to evaluate interest in its financial guaranty business Radian Asset, according to Radian. The company has been in the runoff since 2008.
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Bank of America Merrill Lynch concludes Dodd-Frank killed housing

Not coming back to life soon, either
July 25, 2014
“In testimony to Congress on QRM, Mr. Frank noted changing the US residential mortgage market was foremost among the very purpose of the statute,” said analysts Flanagan and Katz. And change that market it did — by sucking the life out of it.
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