The real reason Fannie and Freddie don't do principal modifications

Julián Castro sworn in, spends first day as HUD Secretary

Former San Antonio mayor takes over for Shaun Donovan

Blackstone adviser: Investors worried about ‘serious correction’

Byron Wien still holds his line

Items Tagged with 'Sterne Agee'


Jobless claims drop to 8-year low

But it’s not all-positive news
July 24, 2014
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
June 30, 2014
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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KB Home records $565 million 2Q2014 revenue

Beats analyst expectations
June 27, 2014
KB Home's second-quarter earnings beat analyst expectations as the homebuilder refocused on opening new communities for sale.
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Epic miss on housing starts is a wake up call

This was only unexpected if bought the mainstream spin
June 17, 2014
May’s housing start numbers from the U.S. Census Bureau look bad at first blush. When you dig deeper, it’s worse.
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Toll Brothers fails to impress analysts

May 28, 2014
Toll Brothers recorded a second quarter net income of $65.2 million, or $0.35 cents per share, but this failed to impress analysts, who continued to rate the stock at an underperform.
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Pulte Mortgage CEO: 4 facts that could catapult housing

Mortgage credit to loosen over next 12 months
May 12, 2014
“The lack of mortgage availability remains a headwind for our homebuilders,” Pulte Mortgage included, “but if the Federal Government is intent on expanding mortgage credit, we view that as a meaningful catalyst for the space.”
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Case-Shiller: 2 factors needed to keep home prices strong

National home prices continue momentum
April 29, 2014
"Going forward, if home prices continue to rise, there are a limited number of options to offset the rising cost of purchasing a home," Lindsey Piegza, chief economist with Sterne Agee, said.
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So Vladimir Putin is good for America's mortgage market…?

Mortgage rates stay down amid political strife
April 7, 2014
While Russian President Vladimir Putin is not exactly smiled upon in the world, causing economic and banking uncertainty, one article suggests he is the reason it is a great time to buy a house.
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Here's why first quarter earnings will disappoint everyone

Earnings set pace for 2014
April 7, 2014
Mark your calendar. First quarter earnings season is just days away with Wells Fargo and JPMorgan Chase leading the way. And while there was a lot of optimism, early indicators don’t show much support for it.
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More than half of Altisource revenue is from business with Ocwen

Sterne Agee likes future for non-bank MSR market
March 25, 2014
Sterne Agee is initiating coverage on Altisource Portfolio Solutions, a provider of servicing tools, with a neutral rating and $125 PT on its outlook for growth for non-bank MSR firms.
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