REwired
REwired RSS FeedRSS

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.

Here are 4 steps Ben Carson should take as HUD secretary

What will be Carson's signature issues be?
Past leaders of the U.S. Department of Housing and Urban Development often embraced one or two signature issues to define their stewardship of the agency. So what area is Future HUD Secretary Ben Carson most likely to focus on? One area will likely be health and housing. If so, here are four steps that Carson can take as future HUD Secretary to help bridge the policy gap between health and housing.
Read More

The war around CFPB Director Richard Cordray

#DefendCFPB
The controversial position Consumer Financial Protection Bureau Director Richard Cordray sits in is only intensifying as government officials push to have him fired and policy groups urge consumers to defend him. The future of the CFPB and Cordray rests in the fate of two different situations, one of which became one of the top trending hashtags on twitter Monday.
Read More

Monday Morning Cup of Coffee: What does Goldman Sachs expect from Trump administration?

Plus trouble brewing for Canada’s housing market
In the days since the election, observers on both sides of the political divide found themselves shaking their collective heads at the frequency at which the name Goldman Sachs is a prominent feature on the resume of one of President-elect Donald Trump’s cabinet nominees. So, what exactly does Goldman Sachs expect out of the Trump administration? All that and more in your Monday Morning Cup of Coffee.
Read More

Fact is, no one knows anything about former HUD secretaries

Here’s what you missed about Julián Castro as he leaves office
How many Department of Housing and Urban Development Secretaries have there been total? The correct answer: 16. But don’t worry if you got it wrong, you’re far from alone. Only 24% of people got the question correct on a recent HousingWire quiz. So now that’s clear no one has a clue about the past HUD secretaries, here’s a quick run-down of current HUD Secretary Julián Castro’s time in office before he exits.
Read More

Realtors answer: What's the most disturbing history you've learned about a house you were selling?

More than 5,000 comments in 48 hours on Reddit
What started out as a 13-word question on Reddit, virally spiraled into unsettling, long responses from tons of users. Let me be the first to warn you, you’re about find yourself deep, deep, deep into a very disturbing comment thread. Serial murders, liquified human remains, and so much more. This story is NOT for the faint-hearted. You've been warned.
Read More

The essential guide for lenders to help Millennials buy a home

Here are 7 helpful tips
Every generation faces defining economic events that alter their collective perspective. For Millennials, their coming of age moment occurred during the largest housing market downturn in American history. The housing market coupled with the ubiquitous availability of real estate and market information online has created a new era of homebuyers in Millennials. These tips will help you navigate how to help them as a lender.
Read More

Former CFPB attorney pretty much just confirmed the worst fears of the mortgage industry

We may be right, after all
In "The Tragic Downfall of the Consumer Financial Protection Bureau," Ronald Rubin, a former enforcement attorney at the Consumer Financial Protection Bureau and former chief advisor on regulatory policy at the House Financial Services Committee, highlights what he calls the heavy politicization of the CFPB. In doing so, Rubin also just confirmed the worst fears of the mortgage industry.
Read More

Here are HousingWire's top 10 articles of 2016

Thanks to our loyal readers for making this another great year
The past year was record-breaking for HousingWire in just about every metric we have, and that’s all thanks to you, our loyal readers. You push us to do more, to do better, to reach higher, to dig deeper, to keep fighting, and we have no plans of stopping. So here, as we begin a new year, are HousingWire’s top 10 articles of 2016, as determined by our readers.
Read More

Senate Democrats miss the mark calling Trump Treasury pick “foreclosure king”

What kind of foreclosures are we talking about here?
According to Jack Guttenberg Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania writing in the Huffington Post, Democrats may find it troubling to get the “foreclosure king” label to stick, primarily due to a level of misreporting in the media.
Read More