The do’s and don’ts of good credit for Millennials

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index
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Articles by Lynn Effinger

Reminder: Rehab REOs to increase profits

Don't sell property "as is"
Servicing and asset management organizations involved in the mortgage default arena need to look once again at each REO property on an individual case-by-case basis to determine if rehabilitation and/or property improvements are the best marketing strategy for each property.
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Dow crash will only temporarily slow housing stocks

The bigger picture in the industry remains more worrisome
Within minutes of the opening bell on Wall Street this morning, as we are all now well aware, the Dow Jones Industrial Average was off by 1089 points. While I have been predicting a negative turn of economic events here in the U.S. created by fanciful delusions that our economy is in growth mode, I believe what we are experiencing is actually a "pressure release valve" being activated.
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Here's proof the housing recovery is no longer recovering

Cautious optimism is still too much
It seems the share of consumers who believe that “now is a good time to buy,” as spun by NAR, CAR, the MBA and other sources that surely have skin in the game to report strong housing performance (real or imagined), dropped 7 percentage points to 45%. It's time to reset the recovery wristwatch.
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Head's up! There's a housing "bubble" forming in markets beyond San Francisco

Denver, Dallas, Seattle to name a few
Admittedly, the recent article published in HousingWire titled, “San Francisco exhibiting potential signs of a housing bubble,” focuses on one specific anomalous Left Coast housing market. But, this is clearly, in my view, a precursor to more markets, particularly in California, exhibiting the same signs.
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Dealing with one housing bubble at a time

HELOCs and other factors constrain housing “recovery”
RealtyTrac predicts that as the average HELOC borrower's ten-year interest-only period ends, that person's or family’s monthly bill will perhaps more than double from $133 to $279. This could pose a serious problem. Let's start with that, first.
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Investors still bullish on single-family rental market

Highlights from IMN Single-Family Rental Investment Forum
While some recent downward pressure on yields experienced by the much larger institutional investors has somewhat tempered the enthusiasm surrounding single-family rentals, investors are still bullish on the performance of the new asset class.
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Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
Over the past several years, despite Wall Street and the current administration’s efforts to artificially prop up the housing market with historically low interest rates and foreclosure-alternative programs such as moratoria, HAMP, HAFA and others, we discovered that the so-called housing recovery was simply rhetoric.
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