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Updated: 59 min 7 sec ago
Former Fannie Mae COO J. Tim Howard was just hired by Fairholme Funds to assist in unraveling the 800,000 pieces of documentation expected to be released during the discovery process in Fairholme’s lawsuit against U.S. Treasury.
The Mortgage Bankers Association has responded to request for input from Fannie Mae and Freddie Mac on proposed raises in g-fees and loan-level price adjustments, saying it opposes increases in either.
Veros Real Estate Solutions president and CEO Darius Bozorgi has been invited to speak at the Bipartisan Policy Center's Housing America’s Future: New Directions for National Policy 2014 Housing Summit on Monday, Sept. 15.
PAA Research says that recent cuts to featured listings for premier agents suggest that Zillow’s advertising inventory problems could be escalating as brokers exert leverage.
In the new role, Tiberio will be tasked with helping Avenue 365 enter into new national and mid-tier relationships with a primary focus on the single-family rental investors, servicers, banks and lender servicers, the company said.
The company’s new division will offer streamlined title services to title agents in states where they are not licensed. The company said that the division will also provide complimentary data products and Encompass Integration as part of a bundle.
In his new role with Entra Default, Brown has been tasked with diversifying and expanding the company’s client base in addition to formulating strategies for managing complex, high liability transactions for the company.
The overall forecast for the future of housing isn't too bright, but there are plenty of hot spots when you break it down state by state.
Zombie homes - those homes in foreclosure abandoned by owners and not taken over by banks - are as much a problem as their movie counterparts. New York is taking on the challenge.
Loan production among independent mortgage bankers in the second quarter increased by 50% over the previous quarter, the first increase in the past three quarters.
"The deterioration in consumer attitudes about the current home buying environment reflects a shift away from record home purchase affordability without enough momentum in consumer personal financial sentiment to compensate for it," said Doug Duncan, senior vice president and chief economist at Fannie Mae.
As you move through that process of determining what needs to be done in response to TILA-RESPA, we can’t say enough how important it is now to think beyond August 2015 in order to prepare for the new landscape of this industry.
The rest of 2014 is going to be a challenge for homebuyers, for housing finance, for real estate agents and for housing regulators, thanks largely to the first half of 2014. It's a thin line housing has to walk to come out of this on top, and Washington isn't helping.