Case-Shiller: Home price gains decelerate rapidly

Case-Shiller: Home price gains decelerate rapidly

Biggest drop in HPI since November 2012

Can Quicken Loans save Detroit?

Forbes: “Dan Gilbert is saving Detroit to help his business”

Monday Morning Cup of Coffee: Love or loathe – Reverse mortgages, Holder’s legacy

Plus, a week of critical housing and mortgage finance metrics ahoy
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Articles by Jacob Gaffney

Bank of America Merrill Lynch: Recovery “missing” housing contribution

Millennials key to housing comeback
Jacob Gaffney
“First time homebuyers represent the most likely group to drive an expansion of mortgage credit demand, these anticipated delays in household formation growth are also likely to result in delays in increased mortgage production,” according to the report.
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Bond guru Bill Gross suddenly bolts PIMCO for Janus

Leaves SEC investigation behind?
Jacob Gaffney
Bill Gross is a legend in bond trading, as one of three co-founders of PIMCO, the largest global bond broker/dealer. He leaves to join Janus amid reports of an SEC investigation concerning bond platforms he managed at PIMCO and rumors that his behavior had become "erratic" and that he was to be fired imminently.
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Here’s proof Raphael Bostic is 100% correct on housing

Well, at least in one key area
Jacob Gaffney
Bostic is an economist who believes the slow housing market is a psychological phenomenon — that there is a mental aspect as well as economic reason for the housing economy to be stuck on “slow.” Let's hope he's right about everything.
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3 burning appraisal questions for the CEO of Veros

This is what Darius Bozorgi means
Jacob Gaffney
During a recent panel at the Bipartisan Housing Summit, Darius Bozorgi, the CEO of Veros, indicated that he felt the technological approach of Fannie Mae, Freddie Mac and the Federal Housing Administration should be extended to the rest of the housing industry. Here's what he meant.
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Wealthier Americans mean a bigger bond market

More liquidity means more debt
Jacob Gaffney
The Federal Reserve published its latest report on U.S. household wealth, which shows that even while Americans are getting more wealthy, they are also taking on a lot more debt. This is great news for the bond market since, more and more, these auto loans, student loans and credit cards are finding their way into the bond market.
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Here's where expert economists think housing is going

Where will we be in 2019?
Jacob Gaffney
During the luncheon panel moderated by Paul Jackson, CEO of HousingWire, four economists gave projections for housing over the next five years.
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Should mortgage technology and data be universally shared?

Yes, and no
Jacob Gaffney
The sharing of what works seems to be an agreed-upon process. But when it comes to mortgage technology and/or data, there is no clear consensus that advances should be universally shared.
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Is Wells Fargo looking at another banner year?

3Q residential mortgage growth on track
Jacob Gaffney
Last year, Wells Fargo originated and serviced the most residential mortgages in the United States. The big bank has dominated the residential space for years now. But how long can its dominance last?
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Fannie Mae: Lenders ask these 4 questions about MSRs

All about transfer and execution
Jacob Gaffney
“Servicing of mortgage loans can be an important, valuable component of a lender’s business and we thought it would be helpful to address some of these topics,” writes Fannie Mae's Stephen Pawlowski.
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CoreLogic: Far fewer foreclosures coming to market

Down by more than one-third
Jacob Gaffney
The monthly foreclosure report is out from mortgage data and analytics provider CoreLogic. And for those who rely on a healthy foreclosure pipeline to sell property, the results show yearly inventory is down by more than one-third.
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