Case-Shiller: Home price gains decelerate rapidly

Case-Shiller: Home price gains decelerate rapidly

Biggest drop in HPI since November 2012

Can Quicken Loans save Detroit?

Forbes: “Dan Gilbert is saving Detroit to help his business”

Monday Morning Cup of Coffee: Love or loathe – Reverse mortgages, Holder’s legacy

Plus, a week of critical housing and mortgage finance metrics ahoy
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Items Tagged with 'Richmond'

ARTICLES

Beige Book: A housing market divided in improvement

Residential real estate activity varies across the board
Brena Swanson
The twelve Federal Reserve Districts weighed in on how their individual markets are doing, painting different housing market conditions. Residential real estate activity was split between them, with sales of existing homes and construction of new homes generally expanding or holding steady in about half of the districts.
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HUD-OIG: Richmond, California, fails to uphold housing program requirements

City should repay almost $1 million, OIG finds
Brena Swanson

“The rehabilitation of some properties suffered significant delays, while the rehabilitation of other properties had not been completed after more than three years.”


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Eminent domain survives Richmond City Council opposition

Brena Swanson
The Richmond City Council came within inches of terminating the city’s contract with Mortgage Resolution Partners to seize underwater mortgages through eminent domain.
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Is eminent domain ever going to work out?

With eminent domain sinking, CEO leaves
Brena Swanson
Eminent domain at its core is used to seize land to build public necessities; however, when the very company pushing for the product is dropping the ball, it is hard to jump on board the idea that eminent domain is a good idea.
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9 Federal Reserve districts post moderate economic growth

Residential real estate contacts remain optimistic
Brena Swanson
Economic growth waned in some Federal Reserve districts in late 2013. Yet, nine out of 12 still experienced moderate economic growth, according to the latest Fed Beige Book.
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Richmond eminent domain plan doesn't target foreclosures

HousingWire Staff
Purveyors of the idea that eminent domain can be used to assist homeowners in distress are facing new allegations that their plan is to profit, not to help. A recent analysis in Richmond, CA is the latest to fuel the fire.
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Oakland battles anti-foreclosure plan

HousingWire Staff
The Oakland City Council is debating whether it should support Richmond, Calif.’s out of the box anti-foreclosure proposal, creating strong arguments among city officials.
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SunTrust slashes 100 Virginia jobs

HousingWire Staff
SunTrust Bank performed another round of job cuts, slashing 100 jobs in Richmond, Va., as the mortgage division suffered under the weight of falling refinance activity.
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Calpers joins opposition, fights eminent domain in California

HousingWire Staff
The list of business groups and investors fighting eminent domain continues to grow. A major California public pension fund entered the ring this week.
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The debate: Eminent domain violates the Constitution

Taking the mortgage could go against 14th Amendment
Kerri Ann Panchuk
The eminent domain dispute is far from over. Actually, it's just getting started. And now, it's beginning to get interesting.
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