Exclusive: Redfin’s chief economist answers 5 tough questions

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”

Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
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Articles by Brena Swanson

Freddie Mac eliminates Loan Prospector fee

Opens liquidity in the market
Brena Swanson
Freddie Mac is choosing to make a giant investment in its customers, and starting on June 1, the GSE will no longer charge lenders $20 to use its automated underwriting service, Loan Prospector.
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RBS mortgage settlement with FHFA could reach $4.5B

First of 18 lawsuits from FHFA
Brena Swanson
The Royal Bank of Scotland Group could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, marking the first out of 18 lawsuits from the Federal Housing Finance Agency to reach trial.
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Freddie Mac: The top 5 improving metros right now

Housing market recovery chugs along
Brena Swanson
While still struggling, the housing market is improving. Freddie Mac’s latest housing report highlights 5 metros that are outpacing the rest of the market.
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Carrington Loan now available through wholesale lending division

Widens door for underserved borrowers
Brena Swanson
Carrington Mortgage Services is once again widening the door for underserved borrowers. This time the lender is making its Carrington Loan available through its national wholesale lending division.
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Los Angeles spec home to list for record $500 million

Is spec home demand growing?
Brena Swanson
The $500 million price tag of this new home in Los Angeles makes it one of the most outrageous speculative homes built to date, featuring 360-degree views of the Pacific Ocean, Beverly Hills, downtown Los Angeles and the San Fernando Valley. Are spec homes the next big thing?
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ditech expands its consumer direct channel in Florida

Plans to hire more loan specialists
Brena Swanson
Since Ditech Mortgage Corp launched back into the industry in March 2014, it has made several key changes to once again be a major player in the mortgage space. This time around the lender announced it is expanding its consumer direct channel into the Jacksonville, Florida, area.
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Freddie Mac completes sale of $201 million pool of Ocwen-serviced loans

Third sale of the year
Brena Swanson
The chain continues as Freddie Mac announced it officially sold 1,052 deeply delinquent Ocwen serviced non-performing loans from its mortgage investment portfolio as part of its Standard Pool Offerings.
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Reality star Nicole Richie wins in California real estate

Lists home for 83% higher than purchase price
Brena Swanson
Nicole Richie may be a top reality TV star, along with her singer husband Joel Madden, but she is also branching out into real estate. And it's in California, too.
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Capital Economics: Chart shows home prices ready to grow more

Home sales push prices higher
Brena Swanson
Recent housing reports point to the right conditions for house price growth to pick up even more. What's more, the continued steady growth in home sales this year will only add to the upward pressure.
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Motivity releases TRID tool for lenders

Works backward to ensure compliance
Brena Swanson
With the TRID implementation date only a few months away, Motivity Solutions released a new tool to help mortgage lenders comply with the deadline. What makes Movation unique is that it's tied directly to clients’ business processes to reveal data from a firm’s inner workings.
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