Is it OK to gatecrash a Realtor’s open house?

Is it OK to gatecrash a Realtor’s open house?

Yes, but only if you follow this Reddiquette

CoreLogic: Home prices rose 6.9% annually in August

Forecasts calls for 4.3% growth by August 2016

TRID pushes industry into digital mortgages

eMortgages are the obvious choice

Items Tagged with 'HUD'


Is HUD hiding embarrassing data on widow foreclosures?

HUD denies FOIA fee waiver
The California Investment Coalition submitted a Freedom of Information Act request to HUD, asking for data about Financial Freedom’s record with the number of complaints filed against it, and the number of foreclosures it had processed on widowed homeowners. Shockingly, HUD denied the fee waiver request, leaving significant reverse mortgage questions unanswered.
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HUD hands out $38 million to fight housing discrimination

More than 100 groups receive HUD grants
The U.S. Department of Housing and Urban Development announced this week that it is awarding $38 million total to more than 100 groups to be used for fighting housing discrimination. Click here to see which groups will receive HUD funding.
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Trending Thursday: Staring right at the next housing crisis

Plus GSE reform is all sound, fury and nothing right now
There’s another housing crisis brewing, and it has nothing to do with housing price bubbles or the perpetual Fannie, Freddie conservatorship. Also, if the latest appraisal volume is an indicator of market strength, we're in trouble. All this and more.
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Elizabeth Warren takes to the streets against REO, NPL investors

Her supporters say they're sick of investors pricing out blacks, Hispanics
Sen. Elizabeth Warren is bringing disruption to housing's leading regulator. The firebrand Congresswoman is leading a rally today in front of the FHFA to protest REO sales to investors, saying they hurt black and Hispanic neighborhoods. What does she hope to accomplish? Short answer: a sea change.
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Florida mortgage company owner gets 11 years in prison for leading massive fraud scheme

Defrauded HUD of $64 million, led to convictions of 24 individuals
The owner and operator of a Miami-area mortgage company will serve the next 11 years in prison. He was convicted for his part in a massive fraud scheme that defrauded the Department of Housing and Urban Development and the Federal Housing Administration of more than $64 million.
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New home sales climb 5.7% in August

NE region boasts 24.1% gain; overall highest since 2008
Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000. The Northeast region had the biggest gain, pulling up a declining Midwest region performance.
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Chase Mortgage CEO to CNBC: FHA loans same as "subprime lending"

“We’re not in the subprime lending business”
Kevin Watters, CEO of Chase Mortgage Banking, said in an interview with CNBC on Monday that the Federal Housing Administration’s loan requirements look an awful lot like subprime lending, and they're not in the subprime lending business. This is a bold statement given that these are the very loans that are supposed to expand the credit box to underserved borrowers.
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Housing starts miss expectations dropping to three-month low

"But this is a mere blip on the radar"
Housing starts fell to a three month low of 1.126 million in August, missing expectations of 1.116 million. However, the culprit behind the drop isn't so mysterious. And according to one lending executive, although August housing starts disappointed, this is a mere blip on the radar.
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