Real estate news

• Irvine real estate broker, two agents charged in loan-modification scheme - OCRegister

  15-04-2015 23:56
  
  Orange County Breeze
  Irvine real estate broker, two agents charged in loan-modification scheme
  OCRegister
  Two real estate agents and a broker are facing felony charges in a grand theft loan modification scheme, and the Orange County District Attorney's Office is asking for the public's help identifying other possible victims in the case. Michael Pelimiano ...
  Owner of unlicensed Huntington Beach real estate brokerage charged in loan ...Orange County Breezeall 2 news articles »
  
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• Carrington aims to revolutionize borrower education

  15-04-2015 23:20
  
  Carrington Mortgage Services is launching a new borrower-education tool that’s designed to remove any and all ambiguity from the lending process and is making the tool mandatory for all its borrowers.
  
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• These are the top 5 single-family home markets in America

  15-04-2015 22:48
  
  Based on rising home prices, favorable affordability, strong housing demand, and excellent economic and demographic conditions pointing to future demand, Auction.com has named the five top single-family housing markets. Did your market make the cut?
  
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• Realtors urged to take safety beyond their smartphones

  15-04-2015 21:49
  
  When in danger, most people turn to this one device to stay safe. The only problem is that it can easily be turned into a weapon against you. So how much are you relying on your cell phone for safety when showing houses?
  
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• CFPB issues final rule on providing housing counseling information

  15-04-2015 21:38
  
  The Consumer Financial Protection Bureau issued a final interpretive rule establishing lenders’ requirements for providing mortgage applicants with a list of local homeownership counseling organizations. Lenders, here's what's now required of you.
  
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• 4 Walls Realty: Introducing DM's New Real Estate Resource - Decatur Metro

  15-04-2015 21:30
  
  Decatur Metro
  4 Walls Realty: Introducing DM's New Real Estate Resource
  Decatur Metro
  It probably won't surprise you to learn that the family behind Decatur Metro has slight obsession with all things real estate. How else does one maintain a local news website for 7+ years – which is at LEAST 50% real estate and development news – and ...
  
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• The real dirty secret about open houses in real estate - Inman.com

  15-04-2015 21:05
  
  The Salinas Californian
  The real dirty secret about open houses in real estate
  Inman.com
  There is a rumor among the public that the real purpose of open houses is about generating leads for agents — not selling the house. The mainstream press has also jumped on the myth. They say real estate agents are pulling the wool over the eyes of ...
  Negotiating the best real estate transactionThe Salinas Californianall 2 news articles »
  
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• Beige Book: Housing ready for Spring homebuying

  15-04-2015 20:57
  
  Majority of the twelve Federal Reserve Districts recorded growth in the latest Beige Book, and although there was some slowing in housing starts due to abnormal seasonal patterns, things are looking goof for the Spring.
  
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• Beige Book: Housing ready for spring home buying

  15-04-2015 20:57
  
  A majority of the twelve Federal Reserve Districts recorded growth in the latest Beige Book, and although there was some slowing in housing starts due to abnormal seasonal patterns, things are looking good for the spring.
  
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• Survey says: Mortgage lenders woefully underprepared for TILA-RESPA

  15-04-2015 20:44
  
  Capsilon Corporation polled more than 100 executives from leading mortgage lenders, and revealed that four out of five of the respondents believe that their mortgagee origination costs will jump once TILA-RESPA comes into force.
  
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• Jason Statham, Tobey Maguire headline LA's top real estate sales - Los Angeles Times

  15-04-2015 20:11
  
  Los Angeles Times
  Jason Statham, Tobey Maguire headline LA's top real estate sales
  Los Angeles Times
  Homes linked to two of Hollywood's leading men, a Beverly Hills legacy estate and a Bradbury residence with a view were among the top residential real estate sales in the greater Los Angeles area last week. $12.995 million, Beverly Hills. Formerly ...and more »
  
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• Joe, Teresa Giudice relist Montville mansion, hire 'aggressive' new real ... - NJ.com

  15-04-2015 20:10
  
  NJ.com
  Joe, Teresa Giudice relist Montville mansion, hire 'aggressive' new real ...
  NJ.com
  The over-the-top Montville Township mansion owned by "Real Housewives of New Jersey" stars Joe and Teresa Giudice is back on the market. The price is the same -- the couple initially wanted $3.9 million, but they dropped the price twice and it was ...and more »
  
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• How to drive traffic to your real estate website - Inman.com

  15-04-2015 20:01
  
  How to drive traffic to your real estate website
  Inman.com
  We're going to define exactly where the 240 million unique visitors to real estate websites went and how they got there. The statistics for this article come from a RealTrends newsletter (4/10/15) on a study they did on the market's interaction with ...and more »
  
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• Is Fannie’s new homebuyer assistance another step toward GSE bailout?

  15-04-2015 20:00
  
  Is it really a good idea to be pushing people who may be on the margin into a mortgage commitment? Especially given the state of the GSEs and how fragile the economy is. Fannie says not just yes but heck yes.
  
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• What contact management software can do for your real estate business - Inman.com

  15-04-2015 19:12
  
  What contact management software can do for your real estate business
  Inman.com
  You know the drill in the life of a real estate agent. Your phone rings in the middle of dinner. The inspector can't find the property. The sellers want to change the date of the open house. You have a contract to draft before your next listing ...and more »
  
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• SEC puts an end to Carrington Capital investigation

  15-04-2015 18:49
  
  After an 18-month investigation, the Securities and Exchange Commission will not issue any penalties or pursue any enforcement action against Carrington Capital Management over its acquisition of New Century Financial.
  
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• Canaccord lowers Zillow target to $115; Barclays lowers to $95

  15-04-2015 18:25
  
  Canaccord Genuity has lowered its target for Zillow Group to $115 from $125, while Barclays is saying $95, both citing concerns raised in an investor call Tuesday over the weakness from the recently acquired Trulia. But that's not the whole story.
  
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• Nearby real estate rising along with new hospital on Van Ness - San Francisco Chronicle

  15-04-2015 18:15
  
  San Francisco Chronicle
  Nearby real estate rising along with new hospital on Van Ness
  San Francisco Chronicle
  The first defibrillator won't be used at the new California Pacific Medical Center on Van Ness Avenue for three years, but the $2 billion hospital is already sending shocks through the surrounding neighborhoods. Betting that the 700,000-square-foot ...and more »
  
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• Overwhelming majority in House vote to expose CFPB activity

  15-04-2015 16:55
  
  The bureau that turns its spotlight on the American economy may be getting the spotlight turned on it, as Democrats and Republicans came together Tuesday to open the CFPB to much greater scrutiny. Have a look behind the curtain.
  
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• Real estate pros are the largest source of demand for marketing software - Inman.com

  15-04-2015 16:29
  
  Real estate pros are the largest source of demand for marketing software
  Inman.com
  Real estate professionals are the largest segment of business professionals on the hunt for marketing automation software, reflecting real estate's growing embrace of technology in the wake of years of sluggish adoption, according to a new report ...and more »
  
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• Take a tour of Scientology's massive Los Angeles real-estate empire - Business Insider

  15-04-2015 16:27
  
  Business Insider
  Take a tour of Scientology's massive Los Angeles real-estate empire
  Business Insider
  Banks are bailing on the student loan business and it couldn't come at a... Harvard professor reveals why America's infrastructure is so awful, who... A protester stormed the podium and glitter-bombed Mario Draghi at an ECB... HANK PAULSON: 'That's ...and more »
  
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• Mortgage lending and finance industry get boost in housing regulatory reform bills

  15-04-2015 16:11
  
  The home lending and mortgage finance industry saw big gains this week on Capitol Hill, as a number of bipartisan bills from the House Financial Services Committee were passed during “Financial Independence Week.” Here's the rundown on the goods.
  
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• Canaccord lowers Zillow target to $115

  15-04-2015 15:25
  
  Canaccord Genuity has lowered its target for Zillow Group to $115 from $125, citing concerns raised in an investor call Tuesday over the weakness from the recently acquired Trulia. But that's not the whole story.
  
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• Real Estate Platform TheSquareFoot Nets $2M, Expands to NY - Xconomy

  15-04-2015 15:22
  
  Xconomy
  Real Estate Platform TheSquareFoot Nets $2M, Expands to NY
  Xconomy
  Th SquareFoot, a Houston-born and now New York-based online platform for commercial real estate, has raised $2 million in seed funding following its expansion into the Big Apple. “Being in New York is a very different animal,” says Justin Lee, a ...
  
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• Homebuilder confidence rises in April on spring weather

  15-04-2015 15:09
  
  Builder confidence in the market for newly built, single-family homes in April rose significantly. Rose-tinted glasses, or a knowing confidence? We’ll see soon.
  
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• Bank of America 1Q net income rises amid stronger mortgage levels

  15-04-2015 13:52
  
  Bank of America reported first quarter net income of $3.4 billion after a net loss of $276 million last year. The surge in growth can be attributed to stronger mortgage origination levels.
  
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• Mortgage applications down 2.3% led by drop in purchases

  15-04-2015 13:00
  
  It’s been a week time for mortgage applications despite news last week from MBA that new home purchases were up 17% in March. Here’s what happened.
  
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• 5 tips to help real estate agents launch an inbound marketing plan - Inman.com

  15-04-2015 12:03
  
  5 tips to help real estate agents launch an inbound marketing plan
  Inman.com
  Have you noticed the abundance of self-checkout lanes popping up in local stores? Do you use a bank app for mobile deposits? Is Yelp your first stop when you want to try a new restaurant for dinner? Chances are your answer to one or all of these ...and more »
  
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• It’s over: SEC settles with Freddie Mac executives

  15-04-2015 00:56
  
  The Securities and Exchange Commission’s high-profile case against several former Freddie Mac executives over allegedly misleading investors about the quality of subprime mortgages is now over, and it ended rather quietly.
  
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• Houses passes Mortgage Choice Act of 2015 by 286-140

  15-04-2015 00:53
  
  A bill to reform mortgage industry regulations was approved by the House of Representatives late Tuesday afternoon by a substantial bipartisan majority. Here's what happened, and what happens next.
  
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• Court seals letter from anonymous whistleblower in Zillow lawsuit

  15-04-2015 00:18
  
  The battle over trade secrets between Zillow and Move took an ironic turn Tuesday, with the judge saying the anonymous source letter filed by Move and NAR contained and violated Zillow’s trade secrets.
  
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