Judge tosses whistleblower letter, limits discovery in Zillow-Move suit

Judge tosses whistleblower letter, limits discovery in Zillow-Move suit

Motions to limit subpoenas, strike letter benefit Zillow in legal row

San Francisco leads the nation in property bidding wars

Well above national average

FHFA opens door for potential Fannie, Freddie CEO raises

Industry and politicians criticize proposal
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The Ticker

Claren Financial: The mortgage market faces 3 more years of recovery

Regulation’s role in lending conditions
Brena Swanson
It will be about three years until the mortgage lending environment returns to a healthy level and reaches a strong equilibrium. Until then, here’s what's impacting current lending conditions.
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Gallup: Job creation index highest since September 2014

Index shows first real gains in six months
Trey Garrison
More American workers have reported that their employers were hiring over the past year than in the six years prior, with the latest data from April representing a new high mark. Here's what Gallup says.
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Accurate Group launches new appraisal technology

Fewer humans save time and money
Brena Swanson
Accurate Group launched its latest technology solution iValueNet, hoping to give mortgage lenders a choice on interior property inspections to help save time and money.
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Planet Home Lending acquires HomeBridge Funding

Plans on expanding correspondent division product offerings
Brena Swanson
Planet Home Lending announced it is acquiring the employees and assets related to HomeBridge Funding, the correspondent division of HomeBridge Financial Services, helping establish the lender as a fully-integrated mortgage banker.
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Walker & Dunlop earnings skyrocket on record origination volume

Lender prepares for commercial mortgage refinancing wave
Brena Swanson
Walker & Dunlop posted a 198% increase in net income from first quarter 2014, and the lender sees even more opportunity in the future as it prepares for a commercial mortgage refinancing boom.
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In the world of real estate, Pacquiao beats Mayweather

Pac-Man even takes the furniture
Brena Swanson
Both Floyd Mayweather Jr. and Manny Pacquiao might be legends in the boxing ring, but their fight in the housing market doesn’t tell the same story.
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Quicken Loans raises $1.25 billion with debt issuance

Majority will flow to Dan Gilbert’s Rock Holdings
Ben Lane
Quicken Loans raised $1.25 billion last week with a bond issuance, according to a report from Bloomberg. Per the report, the vast majority of the money will go to Rock Holdings, Quicken’s parent company, and Dan Gilbert, the founder and chairman of Quicken and majority owner of Rock Holdings.
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Inlanta Mortgage expands in Greater Chicago area

Veteran Rob Speight to run new branch
Brena Swanson
Inlanta Mortgage continues to expand and announced its latest branch opening in the greater Chicago area.
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Parkside Lending begins offering FHA loans

Opens the door for more qualified borrowers
Brena Swanson
Parkside Lending is now offering Federal Housing Administration loans, helping the lender reach a larger percentage of its clients and broaden homeownership opportunities for qualified borrowers.
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Las Vegas lawyer disbarred for mortgage fraud

Currently serving 87 months in federal prison
Ben Lane
The Nevada Supreme Court stripped a prominent Las Vegas attorney of his right to practice law in the state as part of the punishment for his place in a mortgage fraud scheme that defrauded financial institutions of more than $30 million.
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