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Updated: 5 min 22 sec ago

Monday Morning Cup of Coffee: Will record low rates jumpstart mortgages?

Sun, 10/26/2014 - 23:01
The industry hopes record low rates will spark a surge in buying and refis, but there's a limit on how much those can help. Plus, will the new FHFA guidelines lead to a surge in subprime lending with all the risks that carries, or is it going to be different this time?

Safeguard Properties strengthens IT management with two promotions

Fri, 10/24/2014 - 17:28
Safeguard Properties promoted two of its own, Amitha Rao and Rick Moran, into management positions for its IT operations.

Invitation Homes bringing another REO-to-rental securitization to market

Fri, 10/24/2014 - 17:09
Both Morningstar and Kroll Bond Ratings Agency released presale reports for the securitization, with each awarding $328.91 million in AAA ratings to the offering's Class A tranche.

Ocwen’s bad week just got worse

Fri, 10/24/2014 - 16:13

Fitch said that it has “long-standing concerns” over Ocwen's aggressive growth and heavy concentration of offshore resources, and the current issues raise more concerns “over Ocwen's oversight of its systems and processes.”

GRAPHIC: Trulia’s housing scare report

Fri, 10/24/2014 - 15:34
When it comes to purchasing a new home, what level of terror are you willing to put up with? Is a death in the home or the site of a former crime scene too much?

Bidder offers $3.2 million for 6,000 Detroit foreclosures

Fri, 10/24/2014 - 14:37
Someone is stepping up to invest in Detroit, and while the person remains a mystery, an auction in Motor City of more than 6,000 foreclosed properties found an unidentified bidder who has offered $3.2 million for the buy.

This is the insane pool/patio video everyone is going crazy over

Fri, 10/24/2014 - 13:00
It’s the Hidden Pool, from California-based Hidden Water Pools, and they want to change the way we look at pools. It's nothing new, except it went viral this week. Dudes, mission accomplished.

Analysts: New home sales stall-out is a disappointment

Fri, 10/24/2014 - 12:41
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily qualified.

Freddie Mac: Here are the top 5 improving metro housing markets

Fri, 10/24/2014 - 11:51
"The good news from MiMi this month is the improvement across more markets and not just the large markets like Los Angeles and New York which receive so much of the attention,” said Freddie Mac Deputy Chief Economist Len Kiefer.

Investors Unite hosts conference on Fannie, Freddie path out of conservatorship

Fri, 10/24/2014 - 11:13
Investors Unite Executive Director Tim Pagliara will host a teleconference on Oct. 29 at 3 pm EDT to discuss a provocative new white-paper analysis on the future of Freddie Mac and Fannie Mae.

Toll Brothers CEO calls new mortgage rules dumb

Fri, 10/24/2014 - 10:12
Not every builder is on board with federal regulators’ move this week to open the credit box and ease mortgage-qualification standards. While other builders like PulteGroup and Ryland Group welcome the new rules, Luxury homebuilder Toll Brothers finds the rule dumb.

It’s official: Steve Horne out as Wingspan CEO

Fri, 10/24/2014 - 09:39
Despite repeated denials to HousingWire, Wingspan has made the news of Steve Horne's exit as president and CEO official, and named Jason Spooner, Wingspan’s executive vice president of national operations, as the company’s new president. According to Wingspan, Horne has been moved to a senior advisor position.

New home sales gains screech to a virtual halt in September

Fri, 10/24/2014 - 08:05
Gains in sales of new single-family houses in September 2014 came to a screeching virtual halt, printing at a seasonally adjusted annual rate of 467,000.

Black Knight: Foreclosure inventory lowest since February 2008

Fri, 10/24/2014 - 04:00
At 1.76% of active mortgages, the nation’s inventory of loans in foreclosure is now at its lowest point since February 2008, according to the September report from the Data and Analytics division of Black Knight Financial Services.