Fitch warns Ocwen-related RMBS deals face major downgrade

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”

WATCH: Famous televangelist gives terrible reverse mortgage advice

Let's clear this up for Maria

S&P reportedly close to massive mortgage-bond rating settlement

WSJ: Department of Justice may get billions
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Items Tagged with 'Realtors'

ARTICLES

Existing-home sales recover after last month’s tumble

Increases back above an annual pace of 5 million sales
Brena Swanson
After last month's huge drop, existing-home sales managed to recover and pick back up 2.4%. While this increase is good, there are still several rough patches mentioned in the National Association of Realtors' report.
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Maryland woman sent to prison for stealing from open houses

Searched for expensive houses and posed as buyer
Ben Lane
According to local authorities, Sally Spaisman, 58, would search the Internet for expensive homes that were on the market, show up at the open houses pretending to be a buyer and use her free reign of the house to steal expensive jewelry from the owners.
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Realtors join fight against patent trolls

NAR becomes founding member of patent law reform group
Trey Garrison and Ben Lane
The National Association of Realtors is joining a group that wants to fight what it calls patent trolling. Here’s why they say it's important to fight back.
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Lower FHA Fees: The right policy at the right time

Could bring homeownership to 2 million renters
Chris Polychron
Realtors support responsible lending to qualified buyers; this is essential for building strong communities. This mortgage insurance reduction is not about repeating the mistakes of the past, in which underqualified buyers received loans they could never repay.
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Real estate agent narrowly escapes kidnapping by registered sex offender

Agent was lured to model home and taken prisoner
Ben Lane
A California real estate agent is safe after escaping a kidnapping attempt by outsmarting a registered sex offender, who lured her to a house under false pretenses and held her at gunpoint.
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Zillow ending listing agreement with Listhub

Zillow launches proprietary platform to replace Move-owned Listhub
Ben Lane
The ongoing battle between the giants of online real estate just experienced its latest escalation, as Zillow disclosed that its listing agreement with Listhub will end on April 7. The company that operates Listhub is owned by Move, Inc., which operates Realtor.com for the National Association of Realtors.
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News Corp era begins with big changes at Move

Berkowitz replaced as CEO
Ben Lane
Now that Move Inc., which operates Realtor.com for the National Association of Realtors, is officially owned by News Corp, the worldwide media conglomerate has begun to exert its influence and big changes are afoot at Move. First on the agenda, the installation of one of its own as Move's CEO.
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Arizona Realtor cleared to use drone to show homes

FAA grants first exemption for real estate photography
Ben Lane
An Arizona Realtor has become the first to gain authorization from the Federal Aviation Administration to use a drone for real estate photography. But Douglas Trudeau said he's not going to charge his clients any extra for the use of the drone.
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Realtors applaud reauthorization of Terrorism Risk Insurance Act

House votes overwhelmingly for measure, curbs Dodd-Frank effects
Trey Garrison
The overwhelming vote to TRIA includes protections for small businesses from some of the onerous requirements of Dodd-Frank. Here's how.
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Realtors push for more policies to boost first-time homebuyers

NAR: Congress, White House must do more for housing
Trey Garrison
Realtors want to open the credit boxes even more and want Washington to push policies to help those with lower credit and less savings buy homes. Haven't we heard this one before?
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