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Industry News

The latest news on issues impacting the mortgage market is provided below:


HousingWire

This feed provides ALL content published on HousingWire.com -- from feature news, to magazine articles, to blog posts, to Ticker news items, and more. It's the complete HousingWire.com feed.

Updated: 29 min 13 sec ago

California dreaming? Be prepared to pay up

Fri, 04/18/2014 - 15:16
It basically takes gold to live in the Golden State.

Revolving door starts turning as WFC hires two former CFPB execs

Fri, 04/18/2014 - 14:14
The door turns in Washington D.C. as Wells Fargo is recruiting executives from the Consumer Financial Protection Bureau.

Forbes: 10 best cities for raising a family

Fri, 04/18/2014 - 14:00
Forbes ranked America’s 100 largest metro areas to compile the definitive list of the best housing markets to raise a family.

Detroit’s $1,000 houses may be a lousy deal

Fri, 04/18/2014 - 13:53
This came up in a HousingWire conversation on Thursday – have an extra $1,000 in your PayPal account? You can own a home in Detroit. At a sell price that’s almost literally $1 per square foot, it still may be a raw deal.

Top 5 cities where safety is not a question

Fri, 04/18/2014 - 11:40
Given our recent list of the top 10 most dangerous suburbs, now might be a good time to note which cities are pouring the most money into safety. One city recorded 30 fire personnel for every 10,000 residents.

Renters are high on Colorado and Washington

Fri, 04/18/2014 - 11:30
Let’s be blunt here. Where there’s smoke, there’s probably fire.

5 tips for house flippers

Fri, 04/18/2014 - 10:53
"Flipping is back" may be a bit of an overstatement, but activity is there. No judgement on the mentality that buys into the "eternal price appreciation" model or what the short-term mindset does to long-term investments. But still, CNBC and Bankrate are going with this: Flipping is back.

Eminent domain: Whose land is it anyway?

Fri, 04/18/2014 - 10:42
HousingWire has covered eminent domain as both a tool some want to use for dealing with underwater mortgages, and as a tool used improperly in real estate deals. CNBC looks at the effects of the landmark Kelo decision now, almost a decade later.

Claire Rhodes joins LenderLive

Fri, 04/18/2014 - 10:01
Denver-based LenderLive Network, hired Claire Rhodes as the firm’s regional account executive covering the northeast region for the company’s correspondent lending division.

RE/MAX: March home sales build momentum for 2014

Fri, 04/18/2014 - 09:16
March home sales increased over the previous month for the first time in 2014, rising 24.6% from February, in addition to all 52 metro areas surveyed reporting an increase in sales over February.

Rentership society? Insider trading on Russian sanctions?

Fri, 04/18/2014 - 09:00
It’s a quiet Good Friday and with the markets closed and many off, it’s the perfect time to catch up on a little extracurricular reading.

Despite new law, Florida foreclosures take longer

Fri, 04/18/2014 - 08:35
Florida recently passed a new law to help speed the foreclosure process up. But there's just one problem: the process is actually getting longer.

Home-loan payoffs in Colorado fall to 5-year low

Thu, 04/17/2014 - 16:30
According to a new report released today by the Colorado Division of Housing, public trustees in Colorado released a total of 50,128 deeds of trust during the first quarter of 2014, which was the lowest quarterly total recorded since the Division began collecting quarterly totals in 2008.

Axios Valuation Solutions approved as AMC for Flagstar Bank

Thu, 04/17/2014 - 16:17
“We are privileged to be a part of the Flagstar Bank family of vendors,” said Tony Pistilli, executive vice president and chief appraiser with Axios. “Flagstar is an industry leader in the mortgage origination sector and we are honored to partner with them."

TitleOne names Mark Tidd CEO, promotes four executives

Thu, 04/17/2014 - 15:38
TitleOne Corp., an Idaho-based title and escrow company, named Mark Tidd as its CEO.

Despite 1Q earnings falling, Goldman Sachs beats estimates

Thu, 04/17/2014 - 14:49
Goldman Sachs reported that its first-quarter net income decreased 10%, posting a net income of $2.03 billion.

Key MERS legal employees turn away from company

Thu, 04/17/2014 - 14:45
Now almost two decades after the creation of the Mortgage Electronic Registration Systems, the once under-the-radar company is back in the spotlight as a handful of executive-level employees leave.

Guaranteed Rate names Martin Logan as chief information officer

Thu, 04/17/2014 - 14:26
At Guaranteed Rate, Martin Logan will lead the company’s efforts to completely integrate modern technology into the traditionally paper-based mortgage process and develop the first fully digital mortgage.

Ocwen’s Erbey: Lawsky hold has frozen all MSR deals

Thu, 04/17/2014 - 12:55
HLSS Chairman William Erbey says the New York Department of Financial Services’ indefinite hold on the $2.7 billion MSR deal between Ocwen Financial and Wells Fargo put a freeze on all MSR deals in the market.

Ocwen’s Erbey: Lawsky hold as frozen all MSRs deals

Thu, 04/17/2014 - 12:55
HLSS Chairman William Erbey says the New York Department of Financial Services’ indefinite hold on the $2.7 billion MSR deal between Ocwen Financial and Wells Fargo put a freeze on all MSR deals in the market.