Warren calls for GAO investigation of nonbank servicers

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year
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Items Tagged with 'Trulia'

ARTICLES

Exclusive: Move CEO Steve Berkowitz opens up about News Corp deal

Plus his thoughts on Zillow/Trulia and the future of real estate
Ben Lane
In an exclusive interview with HousingWire, Move CEO Steve Berkowitz shares the details of how the News Corp deal came together, what it will mean for Move and his thoughts on the future of real estate. Berkowitz also said he anticipates the Zillow/Trulia deal to have its issues, which will present another opportunity for Move to grow.
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Trulia launches new push for data accuracy

“Get Fresh” campaign aims to attract more MLSs and brokers
Ben Lane
“Fresh, accurate listings on Trulia generate the most brand impressions and leads, helping brokers create broad exposure for their brand to grow their businesses,” Trulia said. The site hopes its new push for accurate data will only help in that regard.
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Cost to rent rising faster than home prices

Nationally prices rose 7.3% YOY compared to 6%
Trey Garrison
Nationally, asking prices for condos rose 7.3% year-over-year in September, according to Trulia’s latest rent and price monitor.
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The potential threat to old-school real estate agents

Technology changes face of the real estate industry
Brena Swanson
Technology has increasingly transitioned from a want to a need. But the rapid growth and dependency on technology has pushed several other industries into retirement — think Blockbuster for example. Which presents the question, what is the next great entrepreneurial idea that will disrupt the real estate industry?
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Trulia: Home prices 3% undervalued by historic measure

Only 7% of 100 largest metros are more than 10% overvalued
Trey Garrison
Trulia Chief Economist Jed Kolko says that despite the current deceleration in home prices worrying some, and claims from others that home prices are too high, home prices nationally are actually 3% undervalued in the third quarter of 2014.
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News Corp's MOVE acquisition escalates epic online real estate listings battle

Zillow, Trulia trading lower on news of MOVE deal
Trey Garrison
Zillow and Trulia are selling off after news broke that rival MOVE is being sold to News Corp for $950 million — proof that the battle for real estate listings traffic just kicked into high gear.
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Agent alert: Start-up delivers real estate brokerage for 1% commission

LevelRE utilizes technology and empowers homeowners to cut costs
Ben Lane
The site also utilizes “proprietary technology” to simplify the real estate process by giving customers the ability to list, price, search, bid, and negotiate in real time from their laptop, desktop, tablet or smartphone, with the assistance of licensed real estate agents and professional support staff, the company said in a release. And it does all of this for a commission rate of 1% of the sales price.
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Will Friday be a rebound for housing stocks?

HW 30 looks like an abattoir floor
Despite some stellar news on Wednesday on new home sales, the HW 30 – HousingWire’s proprietary index of stocks that drive the housing economy – had a rough go of it, especially the stocks that straddle housing and technology.
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Housing, tech stocks take a beating on troublesome data

HW 30 index look like a slaughterhouse floor
Trey Garrison
Declining economic activity and a serious drop in existing home sales opened the door for housing stocks to take a beating Monday.
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American mobility at historic low and not changing soon

People are staying in place longer and fewer are moving
Trey Garrison
The U.S. Census Bureau’s current population survey released on Tuesday shows that mobility is flat — at the same low level of 11.7% as the year before.
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