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

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

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
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Articles by Trey Garrison

Fannie Mae: Strong job growth could boost economy

Hiring and wage growth will boost housing market
Trey Garrison
Despite the slate of bad news that’s started off 2015, Fannie Mae’s analysts predict that the economy is poised for a pickup in growth in 2015. Here's why.
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The Atlantic asks why homebuilders build homes people want

The mediocrity and mendacity of thinking you know what’s best for everyone else
Trey Garrison
Talking about homebuilding and homebuying, The Atlantic stakes this reasoned position - "The whole world won't listen to what I'm telling it to do. What's wrong with the world?"
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FHFA: House prices edge up 1.4% in December

Smaller inventories provide upward pressure
Trey Garrison
Smaller inventories helped push house prices slightly higher in December. Here's the rundown on what happened.
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Jobless claims surge the most since 2013

Continuing claims the worst since 2009
Trey Garrison
Trouble ahead as jobless claims surge the week ending Feb. 21. Here's what happened.
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Walter Investment posts $1.5B revenue for FY2014

Decline in net servicing revenues ends with $44M net loss in 4Q14
Trey Garrison
Walter Investment ended the year with a positive revenues and profits, but fourth quarter weakness and a fourth quarter net loss on income dragged the year's performance down. Here's what happened.
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Latest data shows housing economy sluggish

New home sales decline shows housing liftoff isn’t near
Trey Garrison
New home sales flatlined in January, but while some say it's a sign the housing market is in for a long slog, others are optimistic about the long-haul for 2015. Here's why.
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MBA: Mortgage delinquencies continue decline in 4Q14

Rate hits lowest level since late 2007
Trey Garrison
The mortgage delinquency rate has fallen to the lowest it's been in almost eight years. Here's what's happening, and where it will likely go.
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New home sales stall out in January, falling 0.2%

Down trend continues for housing as 2015 unfolds
Trey Garrison
The bad news for the housing industry just keeps on coming. New home sales stalled out in January. Here's what happened.
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Mortgage Risk Index hits series high in January

Risk rises for fifth straight month
Trey Garrison
Mortgages are getting riskier. QM is not helping. Here’s what’s happening.
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Mortgage applications continue falling despite low interest rates

Refis drop off 8% in one week
Trey Garrison
Mortgage applications continued to fall last week despite continued low interest rates, according to data from the Mortgage Bankers Association. Here's what happened and why it matters.
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