Julián Castro sworn in, spends first day as HUD Secretary

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

It’s official: Zillow will own Trulia

"Better agents make for better advertisers"

Items Tagged with 'Competition'


Introducing the HW TECH25 program

Nominations now open for inaugural list of industry's most innovative tech firms
January 15, 2014
HousingWire recently opened up the nomination period for a new program at HousingWire called the HW TECH25™. Firms making the cut will have earned the right to be called the most innovative software companies in today's housing economy. Read on to get details on the application process and key deadlines.
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Mortgage lender can't enforce noncompete

November 25, 2013
Mortgage lender Greystone Funding Corp. found a weakness in the firm's noncompete agreement, as a former employee was allowed to strike out on his own and compete with his former employer.
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Private real estate market continues to feed investor appetite

New entities fuel recovery, may create housing obstacles
October 1, 2013
Over the past six months, private real estate funds looking to acquire assets, raised up to $39 billion, an increase of 56% from $25 billion in the same six-month period last year, according to analysis from Preqin.
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Southern community banks perform well, despite lingering risks

Competition weighs on banks that picked up mortgage lending activity
September 25, 2013
Home values and housing activity picked up across Southern communities, benefiting community banks in the region. But these trends are in large part due to the area's vibrant oil and gas industry and other economic indicators, the Office of the Comptroller of the Currency claimed in a new report.
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Lender revives housing boom-era mortgage concept

Premier Nationwide unveils Lock and Shop borrower interest rate protection
September 17, 2013
As mortgage rates continue to rise, lenders are seeking a competitve edge to stay profitable. What's the solution? Bring back 'lock and shop' programs.
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Ellie Mae exits quiet period

May 31, 2011
Mortgage origination technology provider Ellie Mae [stock ELLI][/stock] exited the quiet period surrounding its recent initial public offering. And the chief strategy officer has a lot to say. At first, Ellie Mae lowered pricing expectations. Then, on its first day of trading, the price soared. The stock hasn't moved much since, to be fair.
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Report: Home Price Declines Ebbing?

July 30, 2008
Some data released Wednesday by First American CoreLogic has raised hopes among some in the industry that the recent freefall in national housing prices may possibly be nearing some sort of end. The company, which tracks home prices across 7,544 ZIP codes, 958 core-based statistical areas and 677 counties located in all 50 states and the District of Columbia, said Wednesday that the annualized rate of home price declines in the U.S.
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Optimal Blue, Secondary Interactive Tout Pipeline Management for Originators

May 8, 2008
Plano-based Optimal Blue, a product and pricing engine tech provider for mortgage originators, said Thursday that it had created a joint venture with Denver-based Secondary Interactive, a pipeline risk management provider. The two companies say that their venture marks the "first time a vendor has coupled best efforts and mandatory functionality."
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NYLX Adds Real-Time Alerts to Product and Pricing Engine

May 7, 2008
Any loan officer can tell you that originating loans in today's market can be a whipsaw -- depending on the hour of day, rates can be different, and one minute a program's available, while the next minute it's being pulled off the market. While market volatility looks to be part of the industry for much of the forseeable future, NYLX's latest update to to its LoanDecisions PPE (product and pricing engine) platform attempts to tackle the problem by providing users with real-time updates covering changes in investor guidelines, pricing shifts and lock status reporting.
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