Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S

REwired

new REwired blog header
Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day.

Accenture: 3 big predictions for mortgage lending next year

Will housing survive or thrive?
Brena Swanson
Ghazale Johnston, a managing director with Accenture Credit Services, outlined in an interview with HouingWire 3 topics she believes will take precedence in 2015. And here they are.
Read More

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special
Trey Garrison
It's been quite a year for housing. One could even say it's comparable to the Star Wars Holiday Special from 1978. Here are some of the more bizarre events from 2014.
Read More

What the hell is going on in the appraisal world?

The confusion of Fannie Mae's Collateral Underwriter
Anthony Roveda
It’s incumbent upon all in the industry to understand and implement best practices, but when the VERY use of appraisal services doesn’t employ some level of disclosure we might have a few problems. These problems are occurring right now with the massive confusion going on within the valuation space.
Read More

Is your housing market on Santa’s naughty or nice list?

RealtyTrac offers its list of the year’s best and worst overall
Trey Garrison
Some housing markets are getting a new G.I. Joe with the kung fu grip. Others are getting a lump of coal, and with oil priced like it is...anyway, here are the nicest and naughtiest housing markets in America.
Read More

The biggest obstacle to a mortgage market recovery that nobody is talking about

The high cost of servicing delinquent loans
Taz George and Laurie Goodman
These timelines are often difficult if not impossible to meet while meeting consumer protection rules put in place by states and the Consumer Financial Protection Bureau (CFPB).
Read More

Monday Morning Cup of Coffee: Oil's plunge could derail housing

Lax lending standards for the sake of social policy — aka party like it's 2005?
Trey Garrison
Oil's plunge could turn everyone's predictions for 2015 on their head. But more ominously, we'll see how much of the real estate recovery has been driven by the shale and natural gas boom. Housing price drops, lower lending standards — haven't we seen this movie before?
Read More

This is why reverse mortgage servicers need a foreclosure moratoria

Waiting on HUD policy
Kevin Stein
A federal judge has ordered HUD to craft a policy to address the problem of widows being foreclosed on when they aren’t listed on the reverse mortgage. We need a foreclosure moratoria until that happens.
Read More

Sen. Warren is right: Blacks and Hispanics were targeted by subprime policy

But the villain isn’t who you think
Trey Garrison
Elizabeth Warren says minorities were targeted by subprime. And the funny thing is, she's kinda right.
Read More

Monday Morning Cup of Coffee: The biggest drag on homebuying is...

Why the revised FHFA loan limits matter; QM’s effect on 3Q lending
Trey Garrison
QE, ZIRP, opening the credit box, big tax credits - and yet the housing recovery has still been like a tuna sandwich from a gas station -- disappointing at best. But now we may know the real reason homebuyers have held back.
Read More

Williston Financial CEO gave staff these 5 housing predictions

Good times are coming
Jacob Gaffney
Are recent housing indicators and negative headlines cause for concern? Not really. In this CEO's world there is a perfect storm of positivity. And here are his 5 bold housing predictions he's giving to his staff.
Read More