Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
W S

The Ticker

ARTICLES

B2R Finance launches first multi-borrower single-family rental securitization

Consists of $230 million aggregate balance
Brena Swanson
Moving into a new territory for the industry, B2R Finance announced its first multi-borrower SFR securitization transaction.
Read More

Florida homeowners can start claiming their $6.5M from SunTrust

More than 8,000 eligible Floridians
Brena Swanson
Here's some good news for Florida homeowners who were impacted by SunTrust. The office of Attorney General Pam Bondi sent out official claim forms for borrowers to receive their share of the National SunTrust Settlement.
Read More

Final 4Q GDP estimate comes in below expectations

This last revision unchanged
Trey Garrison
Fourth quarter gross domestic product growth was unrevised overall, and disappointing. Here’s why it all fell short. Warning sign for 1Q15?
Read More

ACA wants NY Supreme Court to reinstate Abacus lawsuit

Seeking $120M from Goldman Sachs over alleged fraud
Trey Garrison
ACA Financial Guaranty wants the supreme court in New York state to reinstate its lawsuit against Goldman Sachs over the Abacus CDO.
Read More

‘Foolish’ survey: Will rising rates doom housing?

The answers from three motley analysts will surprise you
Trey Garrison
Predictions are like armpits – every economist has two of them and thinks theirs are the only ones that don’t stink. Here’s what three had to say about interest rates and home sales.
Read More

Online mortgage lender moves into New Mexico

Plans to be in 21 states by end of 2015
Online mortgage lender Privlo continues to gain ground in the industry and announced its latest expansion into New Mexico. This is only the latest in a string of new expansions from Privlo.
Read More

MIT grad’s new housing theory upsets Piketty’s work

And economists think his points are valid
Brena Swanson
A recent MIT graduate’s new paper puts up one of the greatest critiques to Thomas Piketty’s book “Capital in the Twenty-First Century,” which is renowned as one of the most influential books in history. And one the paper’s main points that is gaining ground: Housing’s role in growing returns on capital.
Read More

United Wholesale Mortgage to offer Freddie Mac 97% LTV loans

Becomes latest participant in Home Possible Advantage program
Ben Lane
United Wholesale Mortgage is set to become the latest participant in Freddie Mac’s Home Possible Advantage program, which features 97% loan-to-value mortgages.
Read More

FHFA: Refinance volume drops in January

HARP volume makes up 7% of applications
Brena Swanson
Refinance volume dropped in January despite mortgage rates continuing to drop from the highs witnessed in late 2013. Will HARP see any revitalization?
Read More

Supreme Court hears Bank of America case on second mortgages

The rule on second mortgages and bankruptcy
Brena Swanson
In an interesting turn of events, a Bank of America case to decide whether homeowners can erase underwater second mortgages through bankruptcy quickly changed its course, turning into a debate over whether the U.S. Supreme Court should overturn the precedent that raised the issue in the first place.
Read More