Real estate news

• Ocwen is no longer the nation's largest subprime mortgage servicer

  13-04-2015 23:40
  
  The impact of Ocwen Financial’s exit from agency mortgage servicing is beginning to materialize. According to a recent report from Fitch Ratings, Ocwen is no longer the country’s largest prime mortgage servicer. How far have the mighty fallen?
  
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• Ocwen is no longer the nation's largest mortgage servicer

  13-04-2015 23:40
  
  The impact of Ocwen Financial’s exit from agency mortgage servicing is beginning to materialize. According to a recent report from Fitch Ratings, Ocwen is no longer the country’s largest prime mortgage servicer. How far have the mighty fallen?
  
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• Altisource opens real estate investor cooperative

  13-04-2015 23:31
  
  Altisource Portfolio Solutions, a provider of real estate technology, announced its latest housing venture, this time to ease the financial burdens and struggles rental investors face, especially mom-and-pop investors.
  
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• Bravo star Ryan Serhant talks reality TV, real estate - Houston Chronicle

  13-04-2015 23:13
  
  Houston Chronicle
  Bravo star Ryan Serhant talks reality TV, real estate
  Houston Chronicle
  In the fourth season of "Million Dollar Listing New York," Ryan Serhant will work to sell the six residences at Seven East Village, a new property in Manhattan. Photo: RICHARD CAPLAN. Image 1 of 10. In the fourth season of "Million Dollar Listing New ...and more »
  
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• Here's why mortgage lending at Navy Federal is booming

  13-04-2015 23:02
  
  Navy Federal is having a great year so far, announcing mortgage closing surpassed $1 billion in March. And the key to this success is knowing exactly what potential homeowners want, and what you are willing to give them.
  
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• HSBC, Assurant offer $1.8M to end force placed kickback lawsuit

  13-04-2015 21:54
  
  Homeowners sued HSBC and Assurant for steering them into unneeded and expensive policies in return for kickbacks. Now HSBC and Assurant are offering $1.8 million to make it go away.
  
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• Real estate investor jailed for $5M Ponzi scheme

  13-04-2015 21:12
  
  A real estate investor was sentenced to 11 years and three months in prison for running a scheme that promised victims big returns on reselling foreclosed properties. But as the snake ate its tail, authorities closed in on the high-living investor.
  
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• NewDay Financial fined for widespread cheating on licensing exams

  13-04-2015 20:25
  
  NewDay Financial, which was already in hot water with the Consumer Financial Protection Bureau over its business practices, is now in the crosshairs of another financial regulator, this time for rampant cheating on mortgage loan originator license testing.
  
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• Blackstone reminds us that it's really a real estate firm - Fortune

  13-04-2015 20:10
  
  Fortune
  Blackstone reminds us that it's really a real estate firm
  Fortune
  The Blackstone Group committed to $16 billion worth of real estate deals last Friday. Remember when it was known primarily as a private equity firm? During a Blackstone Group BX 0.72% media call in 2012, a reporter used the term “private equity firm ...
  Business as Usual: Blackstone Buys $25 Billion in Real Estate Assets in One DayNational Real Estate Investor
  Blackstone Deals Highlight “Vibrant” Real Estate Mar
  
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• Urban Institute: 6 benefits to alternative credit scores

  13-04-2015 20:09
  
  Millions of previously “unscoreable” consumers are finally able to receive credit scores due to recent advances in alternative data and credit scoring methods. And thanks to these advances, industry experts found these significant positives for the housing market and future of lending.
  
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• Collateral Analytics now automatically assigns appraisal property ratings

  13-04-2015 19:41
  
  Collateral Analytics developed a new tool to assist appraisers in assessing the value of a home. The tool is based on historical and current property condition ratings for approximately 10 million single-family homes around the U.S.
  
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• Trouble ahead: Tidal wave of HELOC resets about to hit

  13-04-2015 19:22
  
  Home equity lines of credit taken during big housing bubble just before the crash may hit the millions of homeowners with HELOCs with a dramatic spike in payments. Will it upset a fragile economic recovery?
  
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• Singerman raises $275 million for second real estate fund - Crain's Chicago Business

  13-04-2015 19:16
  Singerman raises $275 million for second real estate fund
  Crain's Chicago Business
  Chicago real estate investor Seth Singerman has raised $275 million for his second fund and now faces the challenge of finding deals in a frothy real estate market. Chicago-based Singerman Real Estate said it closed last week on SRE Opportunity Fund II.and more »
  
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• Why "fast" mortgage servicers crush the TBA bond market

  13-04-2015 19:13
  
  A new segment of lenders and servicers that specialize in quicker prepayments is costing the TBA market “several hundred million of dollars a year,” analysts from Deutsche Bank Markets Research said in a new report. Prepayments are a new kind of problem now.
  
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• Waterstone Mortgage opens two new regional headquarters

  13-04-2015 19:05
  
  Waterstone Mortgage announced it is opening two new branches, along with a new Florida regional headquarters. And this could just be the start.
  
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• Business as Usual: Blackstone Buys $25 Billion in Real Estate Assets in One Day - National Real Estate Investor

  13-04-2015 17:59
  National Real Estate Investor
  Business as Usual: Blackstone Buys $25 Billion in Real Estate Assets in One Day
  National Real Estate Investor
  The Blackstone Group continues to gobble up real estate assets as though they were candy, with the firm's latest deals carrying a swoon-worthy price tag of $25 billion. On Friday, Bloomberg revealed that Blackstone and Wells Fargo were buying most of ...
  Blackstone Deals Highlight “Vibrant” Real Estate Market, According to Analystsreit.com
  Blackston
  
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• Lawsuit: Ocwen sent false reports to consumer credit agencies

  13-04-2015 16:58
  
  A homeowner in California is asking the Ninth Circuit to revive his putative class action lawsuit against Ocwen Loan Servicing for submitting false information to credit agencies. Judge's seemed skeptical, suggesting Ocwen technically stayed in the confines of the law. You decide.
  
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• How to generate unlimited real estate leads with a website landing page - Inman.com

  13-04-2015 11:04
  
  How to generate unlimited real estate leads with a website landing page
  Inman.com
  When I launched my blog in November of 2014, I had two goals. The first was to write helpful marketing posts for real estate agents. The second goal was to build my email list. Every online marketing expert will tell you that the number one way to get ...and more »
  
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• Real estate bummer: Texas property taxes rank among the very highest in America - CultureMap Houston

  13-04-2015 10:06
  
  Real estate bummer: Texas property taxes rank among the very highest in America
  CultureMap Houston
  Texas has the fifth highest average real estate tax in the country, according to a new study. Photo courtesy of Ebby Halliday. Everything is bigger in Texas — including taxes. Although every homeowner across the country is subject to real estate taxes ...and more »
  
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• Real estate transactions - The Daily News of Newburyport

  13-04-2015 09:06
  Real estate transactions
  The Daily News of Newburyport
  11 W Winkley St: Bubba Moose T and Stephen O. Gadd to Jared C. Notargiacomo and Autumn Macrachern, $358,900. 35 Whitehall Road: Toad LLC to 35-41 Whitehall Road Dev, $297,000. GEORGETOWN. 12 Elm St: Mary Margaret Keene RET and M M.
  
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• Friedman Integrated Real Estate Solutions sells three industrial buildings in ... - REjournals.com

  13-04-2015 07:30
  REjournals.com
  Friedman Integrated Real Estate Solutions sells three industrial buildings in ...
  REjournals.com
  Friedman Integrated Real Estate Solutions recently sold 19,350-square-foot and 21,500-square-foot flex buildings at the Southfield Research Park in Southfield, Mich. The company also sold 21666 Melrose Ave. in Southfield. The seller, RREF KB_MI STRI, ...
  
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• Real estate and building industry new hires for April 12, 2015 - Reading Eagle

  13-04-2015 06:02
  
  Reading Eagle
  Real estate and building industry new hires for April 12, 2015
  Reading Eagle
  She received her Pennsylvania real estate license in Februrary and was originally license din Virginia. Hyneman is a graduate of Reading High School and has an associate's degree from Reading Area Community College. Her professional experience also ...
  
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• Monday Morning Cup of Coffee: Let the good times roll (because they won’t last)

  13-04-2015 06:01
  
  You now the joke about the guy with the positive attitude who falls off the tall building and on the way down at every window he can be heard saying “So far so good, so far so good…”? Yeah, that may be the economic outlook. Read on.
  
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• SAN BERNARDINO COUNTY: Panel discussion to focus on commercial real ... - Press-Enterprise

  13-04-2015 02:38
  
  Press-Enterprise
  SAN BERNARDINO COUNTY: Panel discussion to focus on commercial real ...
  Press-Enterprise
  April 15 panel discussion by NAIOP Inland Empire will set the stage for State of San Bernardino County forum on economy. Download the Press-Enterprise iPhone app. Today's PollWhat's this? Do you trust that the items you recycle, truly are recycled? I ...and more »
  
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• Blackstone's Deal With GE Highlights Its Real Estate Holdings - New York Times

  13-04-2015 01:57
  Wall Street Journal
  Blackstone's Deal With GE Highlights Its Real Estate Holdings
  New York Times
  As Blackstone's top executives fan out across the globe, pitching their services at elite gatherings of investors, they invariably tell the crowd: Hope you guys like this hotel, because we own it. When it comes to real estate, Blackstone owns a lot ...
  Blackstone's Real Estate Muscle on Display in GE DealWall Street Journal
  Back to Business: GE Sells Real Estate, Dismantles GE CapitalGre
  
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• Is South Florida real estate becoming too expensive for many Brazilian buyers? - Miami Herald

  13-04-2015 01:01
  
  Miami Herald
  Is South Florida real estate becoming too expensive for many Brazilian buyers?
  Miami Herald
  The World Wide Web — a technology some describe as a great procrastination tool — has emerged in recent years as a significant resource for collecting some of the purest information available on real-time trends in business, government and societal ...
  
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