A blog in The Wall Street Journal declares: "Negative equity more widespread than previously thought, report says."
And to readers of the Journal, there is a chance this "new" development is a shocker.
After all, in August 2011, the publication declared appraisers were actively lowballing values. Co-author S. Mitra...
The nation's 70-million strong Generation-Y demographic is more likely than other generations to spend money on hobbies, electronics and video games, but they also may be the homebuyers strapped sellers are looking for.
Western Union released a study Wednesday showing that 47% of Gen-Y plan to buy a home within the next five years or less, compared to 29% of the overall population.
At the same time, this generation is dealing with...
The Senate Banking Committee is back at it again. The storied senators are bemoaning their lack of courage in creating a reform package for the government-sponsored enterprises.
The amount of time spent on this defeating trend is only reinforcing this notion that merely talking about a subject may implement change. In the end, what will cost more? Reform of the GSEs or paying public officials to talk in circles on the subject?
And speaking of a waste of taxpayer money, the...
Capital Economics released a report Monday suggesting job outsourcing and a decline in labor wages is derailing the economy, making housing issues look more like a byproduct of the cause rather than a symptom.
The report paints a picture in which general economic malaise may be more of a byproduct of long-term globalization, job outsourcing and technology replacing humans as opposed to a problem stemming solely from the 2008 housing bust.
Research...
If you've been following real estate news, there are many headlines claiming the price bidding wars are back and buyers are shocked to find themselves competing with other bidders to acquire distressed real estate at reasonable prices. Well, consider this blog post a dose of reality.
Bidding wars, as it turns out, is only the case in very special circumstances. In a new report, researchers say despite the so-called bidding wars dominating media coverage,...
HousingWire’s upcoming REO Expo in Fort Worth will be the site of more than just valuable information about the REO industry, it will also recognize the top REO portfolio managers in the nation.
The Pinnacle Awards are awarded to companies that, based on a survey of more than 60,000 real estate professionals worldwide, have achieved excellence in all areas of the industry.
To accommodate the rapidly changing industry, we’ve...
The market for commercial mortgage-backed securities is changing, again.
The latest incarnation is called CMBS 3.0, and it appears more buffered from macroeconomics than earlier deals.
But more importantly, despite trading losses, JPMorgan Chase ($33.97 -0.29%) is bringing one such CMBS to market. It's a gutsy...
There is a painful lesson for the smaller players of mortgage finance to learn on the back of the OCC sideswiping Allonhill last week.
Denver-based Allonhill was yanked from the list of qualified reviewers for the OCC consent orders on mortgage servicer foreclosure process.
The OCC cites conflict of interest, something Allonhill denies. Anyone who knows Sue Allon and how she...
Do you mount broken fences and leap algae-ridden pools only to mount a shining For Sale sign in the front yard? Do you stand atop crumbling front steps with a striking look of confidence in your eyes only to find a buyer three hours later? If so, you might be Agent X.
At this year’s REO Expo, HousingWire will choose a real estate professional who has taken on moldy walls, concrete-filled pipes and dogs let loose on backyard landscapes to sell the most difficult houses known to the...
An American Crossroads political ad is going around saying that 85% of recent college graduates are moving back in with their parents.
That's a large percentage, and thus shocking to me that more media organizations didn’t actually look into the number before blasting it all over their websites. Thankfully, Politifact...
