This is what justifies Texas economic pride

This is what justifies Texas economic pride

Happy Independence Day, Texas

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news
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Articles by Brena Swanson

Realtor's client murdered during home showing

Gunman walks into home during showing
Brena Swanson
A gunman walked into a home and opened fire while a real estate agent was showing a home to a married couple, killing the husband. This tragic event is not the first attack on real estate agents but continues to remind agents that they must take care and precautions to protect themselves.
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This is what justifies Texas economic pride

Happy Independence Day, Texas
Brena Swanson
The Lone Star state celebrated its 179th birthday Monday. And looking at the latest housing report from the Texas Association of Realtors, Texas has plenty of reason to brag.
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FHFA revamps nonperforming mortgage servicing rules for Fannie and Freddie

Reduces taxpayer risks
Brena Swanson
Freddie Mac sold severely delinquent loans through two transactions in the past six months, totaling approximately $1 billion in unpaid principal balance. From this pilot program, the Federal Housing Finance Agency formed these enhanced requirements for sales of nonperforming loans by Freddie Mac and Fannie Mae.
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Patrick Harker appointed next Philadelphia Fed president, CEO

11th president of the bank
Brena Swanson
The board of directors of the Federal Reserve Bank of Philadelphia appointed Patrick Harker as its 11th president and CEO of the Philadelphia Fed, succeeding Charles Plosser, who retired effective March 1, 2015.
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Saudi prince lists luxurious New York nest for $48.5M

Includes three bullet-proof panic rooms… if you need it
Brena Swanson
A Saudi prince on New York’s Upper West Side is listing his roughly 10,500-square-foot triplex apartment for $48.5 million. And the real perk is what is included in the apartment.
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Urban Institute: 3 charts reveal the renter next door

Who are they?
Brena Swanson
An unexpected side effect of the mortgage crisis has been the replacement in many neighborhoods of single-family homeowners with renters. Here's who those people are in three charts.
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This is why it's a great time to be a real estate agent

But how long will it last?
Brena Swanson
The housing crisis put a significant dent in the number of registered real estate agents, leaving the ones who stuck around a good-looking paycheck.
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Guaranteed Rate names Jonathan Mullins regional manager, SVP

Brings more than 13 years of experience
Brena Swanson
Guaranteed Rate named Jonathan Mullins regional manager and senior vice president, where he will oversee the company’s mortgage lending, sales and operations in Louisiana, Mississippi and south Texas.
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10 reasons the housing market could go ballistic this spring

Even FOMO makes the list
Brena Swanson
The housing market is about to head into the start of the spring homebuying season, but looking at these ten facts, the wheels might already be starting to turn.
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United Wholesale tool keeps Realtors updated on mortgage status

Updates UTrack tool
Brena Swanson
Right now the industry is looking for greater transparency between borrowers and lenders in the industry. United Wholesale Mortgage’s enhanced version of UTrack is designed to fulfill that need.
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