News

June 11, 2013 09:34 AM
Shareholders sue GSEs for conservatorship investment bust

A group of shareholders in the government-sponsored enterprises filed a complaint alleging that placing the entities into conservatorship in 2008 was illegal and as a result,...

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June 10, 2013 05:12 PM
Real Estate tech company rocks the boat

[Update 1: Clarifies esign tech available to CAR members.]

Innovation in the form of new technology is making its way into the real estate industry. In fact, take a look at HousingWire’s top 50 real estate tech solutions to see an example...

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June 10, 2013 03:59 PM
Qualified mortgage exemption still too narrow for credit unions

About 27% of credit unions with less than $2 billion in assets that have a small mortgage operation would not qualify for exemption under the qualified mortgage rule, according to data from the National Association of Federal Credit Unions.

Under the QM rule, credit...

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June 10, 2013 02:47 PM
Qualified mortgage exemption still too narrow for credit unions

About 27% of credit unions with less than $2 billion in assets that have a small mortgage operation would not qualify for exemption under the qualified mortgage rule, according to data from the National Association of Federal Credit Unions.

Under the QM rule, credit...

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June 10, 2013 01:07 PM
Mortgage investors raise alarm as eminent domain spreads

A number of securitization trade groups sounded the alarm when Mortgage Resolution Partners entered into contracts with two additional municipalities to form the use of eminent domain programs.

Richmond, Calif. and North Las Vegas, NV. are now said to be seriously...

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June 10, 2013 11:48 AM
Mortgage investors raise alarm as eminent domain spreads

A number of securitization trade groups sounded the alarm when Mortgage Resolution Partners entered into contracts with two additional municipalities to form the use of eminent domain programs.

Richmond, Calif. and North Las Vegas, NV. are now said to be seriously...

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June 10, 2013 11:06 AM
Investors notice Nationstar mortgage servicing profitability

Investors are beginning to notice the expectation that Nationstar Mortgage Holdings will post a significant improvement in servicing profitability over the next 12 to 18 months. The firm's mortgage originations platform isn't doing too bad, either.

Such servicing...

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June 10, 2013 09:38 AM
Investors notice Nationstar mortgage servicing profitability

Investors are beginning to notice the expectation that Nationstar Mortgage Holdings will post a significant improvement in servicing profitability over the next 12 to 18 months. The firm's mortgage originations platform isn't doing too bad, either.

Such servicing...

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June 10, 2013 08:47 AM
Fannie and Freddie help brighten America's credit outlook

Nearly two years ago, Standard & Poor's downgraded the U.S. credit rating from triple-A late Friday to double-A-plus — with a negative outlook.

Thanks in...

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June 10, 2013 09:05 AM
Fannie Mae: Homeowner optimism soars to new highs

American confidence in the ability to buy and sell a home ascended sharply in May due to recently strong home price gains, according to the Fannie Mae latest report.

...

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June 10, 2013 08:41 AM
Fannie Mae: Homeowner optimism soars to new highs

American confidence in the ability to buy and sell a home ascended sharply in May due to recently strong home price gains, according to the Fannie Mae latest report.

...

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June 10, 2013 01:00 AM
Monday Morning Cup of Coffee: Mixed reactions on Florida foreclosure bill

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

Almost inevitably, perhaps, reaction to...

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June 7, 2013 04:59 PM
Florida governor signs bill to speed up state's foreclosure process

Florida’s governor signed a much-discussed foreclosure bill Friday, enacting a series of provisions aimed at speeding up the default process in the state.

While the legislation is considered a response to Florida's untimely foreclosure timelines, it's a big shift that has attracted a...

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June 7, 2013 03:56 PM
Home price growth projected to exceed 7% in 2013

Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.

Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season. 

With high investor demand contributing...

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June 7, 2013 03:45 PM
Home price growth projected to exceed 7% in 2013

Home prices could grow as high as 7.2% in 2013, JPMorgan Chase concluded in a new report.

Analysts with the bank claim prices are posting historically strong gains as the market moves into the more active summer season. 

With high investor demand contributing...

Read More