2 reasons the single-family rental securitization market won’t exceed $20 billion

Should mortgage technology and data be universally shared?

Yes, and no

Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
W S

REwired

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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.

2 reasons the single-family rental securitization market won’t exceed $20 billion

$1 trillion market? Not even close.
Laurie Goodman
As home prices are bid up, smaller investors, who can do their own property management and thereby lower their total property management costs, will remain interested. But these securitizations based on loans to small investors face two challenges.
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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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Monday Morning Cup of Coffee: Headed toward another housing crash?

Luxury home sales about to tank? New CFPB rules ahead. Mortgage payoffs no more?
Trey Garrison
Are we going back down the same path that led to the housing crash? Where is the luxury home market heading, and why is the economy still putting along in low gear? Is paying off the mortgage going the way of the fax machine?
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Economist: Here's why mortgage supply and demand isn't normal

What has recovered or is close to being recovered?
Jonathan Smoke
The housing ecosystem is immensely complex and highly local. What’s needed in Houston and Dallas looks very different than what’s needed in Chicago and Philadelphia. That’s why we need bipartisan leadership to work at national, state and local levels.
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Entertainment mogul looking to “simplify,” lists six homes for $107 million

Robert F.X. Sillerman to sell properties in Manhattan, Anguilla and the Hamptons
Ben Lane
According to a report in The Wall Street Journal, Sillerman and his wife Laura, have listed six of their homes in Manhattan, the Hamptons and on the Caribbean island of Anguilla for sale in an effort to “simplify” their lives.
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What would it take for the financial press to admit housing has stalled?

An open letter to one of the hardest working web business writers
Trey Garrison
The current theory: Housing won’t stall if we don’t admit there’s a problem, and that the problem does not goes a lot deeper and is more systemic than a little weakness here or there. Well, that needs to change.
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Here's strong proof of the wide differences in local house prices

Big data dispels notion of national market
Dr. James Follain and Dr. Michael Sklarz
Living in the world of big data presents both new opportunities to understand housing markets better but also challenges to some ways of thinking built upon the conventional wisdom of the past.
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WATCH: Heart-warming home improvement video with surprise ending

German company empowers the bullied and the mocked
Levi Shultz
Goth girl is bullied at school. It's sad. Watch this video advertisement from a German home improvement shop to the end to see how one Dad's do-it-yourself project makes for a heart-warming message to those bullied everywhere.
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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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Monday Morning Cup of Coffee: Housing walks a tightrope

Housing 2014: Finance challenges, pricey houses, mixed gov't messages
Trey Garrison
The rest of 2014 is going to be a challenge for homebuyers, for housing finance, for real estate agents and for housing regulators, thanks largely to the first half of 2014. It's a thin line housing has to walk to come out of this on top, and Washington isn't helping.
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