REwired

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Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author's alone.

Lessons from past storms should guide mortgage industry in post-storm recovery

A look back at Superstorm Sandy
[Expert commentary] Homeowners in Texas, Florida and Puerto Rico have returned to their homes and have begun to assess the damage caused by hurricanes Harvey, Irma and Maria. As mortgage servicers begin to address the concerns of these homeowners, they should pay heed to lessons learned from Superstorm Sandy, which damaged or destroyed more than 650,000 homes in New York, New Jersey and Connecticut five years ago.
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Part 2: The fallout of the Bank of America vs. City of Miami decision

Potential future implications of the decision
[Expert commentary] On May 1, 2017, the United States Supreme Court issued a decision that will likely have a profound impact on the residential mortgage industry. After the court’s decision in Bank of America vs. City of Miami, municipalities now have the standing to bring a legal action against residential mortgage lenders for any financial burden. Check out part two of this blog series on how this decision could affect consumers.
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Are you a Vanguard of the housing finance industry? Show us!

HW now accepting nominations for the 2017 Vanguard Awards
We’re looking for housing finance’s leading professionals! Did you make an impact on the greater industry and push your companies to new heights? Launch a new product? Expand product offerings? Change the game for your company? Sound familiar? Is that you? If so, click to read more.
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Part 1: The fallout of the Bank of America vs. City of Miami decision

An overview of the case and other present litigation
[Expert commentary] On May 1, 2017, the United States Supreme Court issued a decision that will likely have a profound impact on the residential mortgage industry. After the court’s decision in Bank of America vs. City of Miami, municipalities now have the standing to bring a legal action against residential mortgage lenders for any financial burden. Here’s part one of what this ruling means for the industry and consumers.
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Monday Morning Cup of Coffee: Experts predict future of real estate market

Carson breaks with Trump in support for Alabama senate race
During a question and answer session at The Norris Group’s I Survived Real Estate black tie gala, panelists explained their predictions for the year to come, including when they expect the next recession in the U.S. Plus, HUD Secretary Carson breaks with Trump’s nomination for GOP senate seat in Alabama.
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Are you ready for GSEs' new UCD mandate?

The deadline is upon us
[Expert commentary] The deadline to achieve Uniform Closing Dataset compliance is upon us, and it will prove challenging. Fannie Mae and Freddie Mac’s UCD requirement deadline of September 25 is mere days away. So what are the available options in order to meet the UCD delivery requirements?
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