HousingWire reveals the 50 fastest-growing companies in housing economy

HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks public, private companies on revenue growth

Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
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ARTICLES

Investors Unite: We have not yet begun Fannie, Freddie fight

Appeals, other suits in play despite Lamberth ruling
Trey Garrison
The judicial dismissal of a lawsuit brought in District Court by Perry Capital and Fairholme Funds is definitely a set back, but the shareholders fighting against the federal government’s sweep of profits from the GSEs say they are down, but not out by a long shot.
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Fannie Mae, Freddie Mac stocks plummet amid lawsuit

Judge throws out investors’ lawsuit
Brena Swanson
Fannie Mae and Freddie Mac stocks dropped on Wednesday, after a judge threw out a lawsuit brought by investors in the companies to stop the government from making the companies pay a quarterly dividend to the U.S. Treasury.
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KBRA: Home price growth will continue to slow to normalized levels

Sustainable price appreciation should align more with income, inflation
Trey Garrison
Home prices rebounded at annual rates of more than 10% in 2012 and 2013 according to most popular measures of home price appreciation, buoyed by a lack of supply and a large number of cash buyers, Kroll Bond Rating Agency reports.
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JPMorgan to face $10B MBS case

Bank hit with class action lawsuit
Brena Swanson
JPMorgan Chase must face a class action lawsuit by investors who claimed the bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial crisis.
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Construction spending declines 0.8% in August

Private and residential spending both down from July
Trey Garrison
Construction spending fell 0.8% in August to a seasonally adjusted annual rate of $961 billion, well below analyst expectations and below the July printing of $968.8 billion, the Census Bureau said.
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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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Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
Jacob Gaffney
The decision arrives more than a year after hedge fund Perry Capital sued the Treasury Department and the Federal Housing Finance Agency, which oversees the government-owned mortgage companies.
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Shareholders rights law firms launch investigations into News Corp/Move deal

Four firms immediately question stock purchase price
Ben Lane
Within hours of the deal's announcement, the law firms of Johnson & Weaver, Rigrodsky & Long, Powers Taylor, and Levi & Korsinsky all announced investigations into whether Move breached its fiduciary responsibility to its shareholders by accepting $21 per share in the sale to News Corp instead of a higher valuation.
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Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
Trey Garrison
As has been extensively documented, Millennials face an uphill battle in homebuying owing to everything from higher unemployment rates and student debt to affordability challenges.
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Realtor confidence on home price growth slips, but solid

Members less confident than trade economists on coming year
Trey Garrison
Members of the National Association of Realtors expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.5%, according to data gathered from the August 2014 Realtor Confidence Index Survey.
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