BofA reaches $16.65B settlement over "toxic waste" mortgages

BofA reaches $16.65B settlement over "toxic waste" mortgages

Loans date back to Countrywide and Merrill Lynch

KBRA: More smoke than fire in Ocwen’s restated earnings

Cautions that MSR transactions could see more regulatory scrutiny

Truth is, those recent housing numbers aren't so shiny

Housing starts? More like housing stops, amirite?
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Items Tagged with 'NAR'

ARTICLES

NAR secures .REALTOR website domain

Changes standard URL endings
Brena Swanson
Finally coming to the housing industry, the National Association of Realtors’ new .REALTOR top-level domain will be available Oct. 23 to members of NAR and the Canadian Real Estate Association.
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Report: NAR pushes FTC to block Zillow, Trulia deal

New York Post source cites anti-competitive worries
Brena Swanson
The National Association of Realtors wants the Federal Trade Commission to block the $3.5 billion merger of Zillow and Trulia, according to an article in the New York Post.
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Where is real estate booming across America?

Price appreciation "slower, but healthier"
Brena Swanson
Regions across the nation are reporting just how significantly their markets are beginning to heat up, after cooling down for much of the last year.
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Fatal tragedy after open house reminds Realtors of dangers

10 steps every real estate agent should take to protect themselves
Trey Garrison
Philadelphia police arrested and charged two men this week in connection with the July 25 carjacking of a Realtor that tragically ended with the death of three children, one adult and the injury of several others in the city’s Tioga section.
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Will renovation spending offset drop in construction spending?

Two-thirds of homeowners plan renovation in rest of 2014
Trey Garrison
After the biggest drop in construction spending since January 2011, contractors may find some relief in the finding that 67% of consumers plan home renovations within the next six months.
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Industry competition, DDoS attacks can't stop Move

2Q earnings increase 9 quarters straight
Brena Swanson
Despite a DDoS attack that put the company out of service for a couple of days and increased competition, Move managed to still record an increase in revenue.
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Pending home sales drop 7.3% YOY on flat wages, short supply

Biggest drop and biggest miss of 2014 augurs ill for housing
Trey Garrison

Pending home sales dropped off in June, according to the National Association of Realtors, dropping 1.1% from May and falling 7.3% from June 2014 in the biggest decline in 2014 and the biggest miss of expectations in 2014 as well.


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Existing home sales in June down 2.3% YOY

Slight uptick from May brings pace to highest since October 2013
Trey Garrison
Existing home sales declined 2.3% in June 2014 from June 2013, reaching an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors.
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NAR: Big banks exiting FHA loans is a "bad trend"

JPMorgan Chase debates stopping FHA-backed loans
Brena Swanson
Just as the Federal Housing Administration is celebrating its 80th anniversary, big banks are debating ending their lending relationships with the administration.
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NAR: One chart shows widening affordability gap

Home prices keep trending higher
Brena Swanson
Housing affordability is taking a giant hit as home prices continue to rise, and this chart shows just how severe the decline is.
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