This is the insane pool/patio video everyone is going crazy over

This is the insane pool/patio video everyone is going crazy over

Never expected our Facebook to blow up over one of these

Freddie Mac: Here are the top 5 improving metro housing markets

Not just L.A. and NYC

It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor
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Items Tagged with 'Sterne Agee'

ARTICLES

Analysts: New home sales stall-out is a disappointment

Expect some rebound but demand remains restrained
Trey Garrison
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.
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Ocwen Financial taking a beating in the ratings, on the Street

Ratings downgrades and falling stock follow NYDFS assault
Trey Garrison
Ocwen Financial is enduring a second day that looks like a UFC-level beat down on Wall Street as ratings agencies and investors turn on the firm after the New York Department of Financial Services dealt the nonbank firm yet another blow on Tuesday.
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Sterne Agee: Tweaks to put-back rules won’t bait lenders to low FICO loans

LTV changes will open doors for some
Trey Garrison
The planned tweaks in mortgage put-back rules won’t draw major mortgage companies into offering loans to lower FICO borrowers, according to a client note from Sterne Agee, even though new Federal Housing Finance Agency plans to develop 95-97% LTV loans are a positive.
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This could happen now that mortgage rates dropped below 4%

Sterne Agee: A refi boom coming?
Trey Garrison
Housing prices continue to slow and are hopefully reaching a growth rate in line with interest rates and income growth, but now mortgage interest rates have gone below 4%. What does this mean for the industry?
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Are home prices the latest evidence housing is stalling, or bubbling?

It gets better? No, it gets worse – just like job growth and wage stagnation
Trey Garrison
The housing industry is not happy about recent housing data, including Tuesday’s home price releases, and it looks like it’s going to get worse before it gets better.
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This 1 chart shows why housing can’t shake the bad news blues

And yet every report comes in as “unexpected” to some
Trey Garrison
Going into Monday’s report on new home sales, analysts were predicting new home sales would come in above the 430,000 annualized rate, which would have been a 6% gain. Instead we got a 2.4% decline. A big swing and a miss. "Unexpectedly," of course.
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Ocwen's regulatory burdens send up red flags and drive down stock price

Analysts lower price target, Citi drops buy recommendation
Trey Garrison
Heightened regulatory burdens and compliance costs continue to drag on Ocwen Financial a day after its second quarter earnings are announced.
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Sterne Agee: Housing continues to struggle

Builder opportunities exist in light of shrinking inventories
Trey Garrison
A note to clients from Sterne Agee reports on the state of the homebuilder market, which shows housing continues to struggle against falling inventories and subpar sales.
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Jobless claims drop to 8-year low

But it’s not all-positive news
Brena Swanson
Jobless claims plummeted by 19,000 filings to 284,000 for the week ended July 19, the lowest level for initial claims since Feb. 18, 2006. But it's what is hidden behind the numbers that is important to note.
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Sterne Agee sees rising confidence, shrinking inventories

Top 25 housing markets show surprising strength in May
Trey Garrison
Sterne Agee analyst Jay McCanless urges caution on housing, based on a deep drill-down of existing, pending, median price growth and consumer confidence data in the top 25 markets the firm focuses on.
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