Real estate news

• Freddie Mac prices first high-LTV risk-sharing bond of 2015

  24-03-2015 23:09
  
  Freddie Mac priced its first high loan-to-value risk-sharing bond of 2015, which is supported by loans with LTV ratios of 80-95%. According to Freddie Mac, the deal was greeted positively by investors.
  
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• CT woman falls victim to real estate website scam - WFSB

  24-03-2015 23:01
  
  WFSB
  CT woman falls victim to real estate website scam
  WFSB
  A Middletown mother thought she found a home for an irresistible price on a trusted real estate website, but she wound up losing $800 in a scam. MOREAdditional LinksPoll. Lisa Garcia, who is a mother of three, had been sifting through ads on the real ...
  
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• Nationstar to fund MSR purchases with stock offering

  24-03-2015 22:38
  
  In the last month, Nationstar Mortgage reached two separate agreements with Ocwen Financial to purchase nearly $35 billion worth of mortgage servicing rights. Nationstar is planning to fund those purchases by executing a public offering of common stock.
  
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• Companies Split Off Real-Estate Assets - Wall Street Journal

  24-03-2015 22:23
  
  Wall Street Journal
  Companies Split Off Real-Estate Assets
  Wall Street Journal
  Rising real-estate values are driving more retail companies to consider splitting off their real-estate assets to generate cash. Late last month, Hudson's Bay Co., the Canadian parent company of Saks Fifth Avenue and Lord & Taylor department stores, ...
  
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• Is San Francisco's real estate party almost over? Report forecasts downturn ... - San Francisco Business Times (blog)

  24-03-2015 21:52
  
  San Francisco Business Times (blog)
  Is San Francisco's real estate party almost over? Report forecasts downturn ...
  San Francisco Business Times (blog)
  San Francisco's office and multifamily real estate markets will see a slowdown in rental growth and a downturn starting this year, according to a report by PwC. PwC projects that San Francisco office rents will decline by an average of 5 percent per ...
  
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• Renters scammed out of more than $5K by fake real-estate agent in the Bronx - New York's PIX11 / WPIX-TV

  24-03-2015 21:39
  
  New York's PIX11 / WPIX-TV
  Renters scammed out of more than $5K by fake real-estate agent in the Bronx
  New York's PIX11 / WPIX-TV
  THE BRONX (PIX11) – Police are looking for a woman they said posed as a real estate agent and scammed three would-be renters out of more than $5,000 with a bogus Craigslist ad. The suspect, describe as a woman in her 20s, posted an ad on Craigslist ...
  
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• California home sales boom hits six-year high

  24-03-2015 21:38
  
  Pending home sales surged in February, posting strong improvement as it enters the spring homebuying season. Is the housing market getting better in the notoriously difficult state to live in?
  
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• Ocwen faces delisting from New York Stock Exchange

  24-03-2015 21:36
  
  The calendar may say that it’s officially Spring, but Ocwen Financial’s winter of discontent is nowhere close to being over. Now, the bank is facing delisting from the New York Stock Exchange because of its continued delays in filing its 2014 annual report.
  
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• BHHS aims to define the real estate 'office of the future' - Inman.com

  24-03-2015 21:11
  
  BHHS aims to define the real estate 'office of the future'
  Inman.com
  LAS VEGAS — DeAnn Golden, senior vice president and managing broker with Berkshire Hathaway HomeServices Georgia Properties, was nervous. One day early last year, Golden's boss called her into his office on a Friday afternoon and told her that the ...
  
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• Real Estate Pro Bullish on Apartments as Population Flocks to Cities - TheStreet.com

  24-03-2015 21:05
  TheStreet.com
  Real Estate Pro Bullish on Apartments as Population Flocks to Cities
  TheStreet.com
  NEW YORK (TheStreet) -- Taking a holistic approach to investing -- looking at the world through the prisms of history and sociology in addition to crunching the numbers -- is important to uncovering opportunities others might miss, said Gary Carmell ...
  
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• Is housing weakness just a seasonal blip?

  24-03-2015 20:06
  
  Tuesday morning’s mixed news on housing sales and home prices in January and February may come down to an issue of inventory. But is it really?
  
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• Mortgage lenders need to use TILA/RESPA to their advantage

  24-03-2015 20:00
  
  The upcoming TILA/RESPA disclosure integrations and the growing mound of regulatory requirements are causing a lot of concern in the industry, but rather than being focused on staying afloat with compliance, lenders need to change their perspective. The key to capturing new market share might just be around the corner.
  
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• Tulsa expansion completes SecureView nationwide reach

  24-03-2015 19:22
  
  SecureView continues to gain ground in making a difference in blighted communities. The company provided HousingWire its three new locations, opening soon, that complete its nationwide reach.
  
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• With $1 Billion Invested And $100 Entry Points, Real Estate Crowdfunding ... - Forbes

  24-03-2015 19:04
  
  Forbes
  With $1 Billion Invested And $100 Entry Points, Real Estate Crowdfunding ...
  Forbes
  In September, I wrote an article about the latest crowdfunding trend: real estate. At the time, the Hard Rock Hotel in Palm Springs was receiving attention for crowdfunding a 15% equity stake for $1.5 million. While this was great press for the hotel ...
  
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• How to Avoid a Real Estate Scam - U.S. News & World Report

  24-03-2015 18:54
  
  U.S. News & World Report
  How to Avoid a Real Estate Scam
  U.S. News & World Report
  You'd be foolish to think you couldn't be fooled in a real estate transaction. While the majority of sellers, buyers and renters are presumably honest, there can be additional players with skin in the game, from landlords and real estate agents to ...
  
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• Realogy promotes two new senior executives

  24-03-2015 18:24
  
  Realogy announced the promotion of Dea Benson to the newly created position of senior vice president of enterprise risk management. Additionally, the company promoted Tim Gustavson to succeed Benson as the company’s senior vice president, chief accounting officer and controller.
  
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• Here's how millennials are funding home purchases

  24-03-2015 18:05
  
  Student debt is one of the greatest barriers to millennials trying to jump into the housing market. However, parents are evolving how they financially help their millennial kids afford a home. The days of simply helping with the down payment may be over.
  
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• The top 5 most and least affordable home markets

  24-03-2015 16:43
  
  It’s a challenging home market but realtor.com is trying to make some sense of it with the new mortgage affordability metric, and what it tells you about a given housing market is surprising.
  
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• Best times of the day to send a real estate tweet - Inman.com

  24-03-2015 16:27
  
  Best times of the day to send a real estate tweet
  Inman.com
  Did you know a tweet is going to get its highest engagement 18 minutes after you post it? After that, it's pretty much downhill for people engaging with your tweet. With such a short lifespan, timing your tweet is really important. We have done a lot ...
  
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• Ocwen speeds exodus from mortgage servicing with latest, massive MSR sale

  24-03-2015 16:03
  
  In what’s becoming a weekly occurrence, Ocwen Financial announced Tuesday that it will sell off another massive agency mortgage servicing rights portfolio. The buyer this time? Nationstar, which is expecting more, similar deals to come.
  
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• New homes sales rebound 25% from 2014

  24-03-2015 15:41
  
  Tuesday’s report of sales of new single-family houses finally brings some positive new to the housing market after a series of rough reports to the start to the year. Could this finally be the end of the bad news that started the year?
  
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• New home sales rebound 25% in February

  24-03-2015 15:41
  
  Tuesday’s report of sales of new single-family houses finally brings some positive new to the housing market after a series of rough reports at the start to the year. Could this finally be the end of the bad news?
  
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• New home sales rebound 25% from 2014

  24-03-2015 15:41
  
  Tuesday’s report of sales of new single-family houses finally brings some positive new to the housing market after a series of rough reports to the start to the year. Could this finally be the end of the bad news that started the year?
  
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• Weak home sales, slowing demand hamper housing in March

  24-03-2015 15:22
  
  Spring is rolling in like a lamb, at least in terms of home sales and housing prices, according to the latest projections for this month. Are you worried yet?
  
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• Istanbul Real Estate Sees Significant Growth - NuWire Investor

  24-03-2015 14:32
  Istanbul Real Estate Sees Significant Growth
  NuWire Investor
  Istanbul is the biggest city in Turkey, yet contrary to popular belief, it is not the country's capital, but it is arguably Turkey's biggest economic powerhouse. It is also showing excellent signs of strong performance as a destination for property ...
  
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• FHFA: House price growth stalls out in January

  24-03-2015 14:15
  
  New home sales may be up but home price growth was flat in January, possibly reflecting the collapse of existing home sales that month, but also because the government-backed mortgages don't include what happened with jumbos. Here's what happened.
  
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• Kushner Brothers Combine Real Estate and Technology - New York Times

  24-03-2015 14:04
  New York Business Journal (blog)
  Kushner Brothers Combine Real Estate and Technology
  New York Times
  Jared and Joshua Kushner have charted separate careers for years, one as a real estate developer, the other as a technology venture capitalist. But the brothers have teamed up for a new company that combines their two expertises. The Kushner brothers ...
  Kushner brothers launch real estate-tech play CadreNew York Business Journal (blog)
  Kushner brothers, one a VC and the other a real estate
  
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• Representing infill in real estate - Inman.com

  24-03-2015 11:13
  
  Representing infill in real estate
  Inman.com
  Sometime back in the 1990s, my hometown of Richmond, Virginia, began to change. The urban core, blighted and ignored for many decades, began to show signs of life. The once-proud and architecturally diverse properties, which had defined Richmond's ...
  
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• Real Estate Matters | Can condos for residents 55-plus rent to young people? - Washington Post (blog)

  24-03-2015 10:36
  
  Real Estate Matters | Can condos for residents 55-plus rent to young people?
  Washington Post (blog)
  I live in a 55-plus condominium. Currently, more than 40 percent of the units are rented. Of these rentals, around 40 percent are rented to people under the age of 55. I purchased this condo because it was for people 55 and older. I'm being told by the ...
  
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• A Real Estate Challenge - New York Times

  24-03-2015 08:21
  A Real Estate Challenge
  New York Times
  To the Editor: I am perplexed by “Let Me Handle This, Mom” (Real Estate special section, March 22), as there is nothing particularly remarkable about a 13-year-old's finding a place for his family to live in New York City when you have $14 million to ...
  
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• Corcoran sues Compass for “brazenly” raiding its talent pool - The Real Deal Magazine (blog)

  24-03-2015 05:26
  
  Corcoran sues Compass for “brazenly” raiding its talent pool
  The Real Deal Magazine (blog)
  The Corcoran Group, which has been hemorrhaging agents to startup brokerage Compass in recent months, slammed the rival brokerage with a lawsuit today alleging it “brazenly and intentionally” raided key Corcoran offices. According to the suit, Compass ...
  
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