Real estate news

• Florida default servicing law firm laying off 150, shutters title company

  05-10-2015 23:45
  
  A Florida law firm that specializes in default servicing, collections, bankruptcy, and other real estate issues is planning to lay off more than 150 employees and close down its title company unit.
  
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• loanDepot hires new tech team

  05-10-2015 23:33
  
  loanDepot’s latest move in the industry is the addition of its 10-member strong #FinTech team to help increase the lender’s online customer experience.
  
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• Investment banker’s suicide highlights pressures industry brings

  05-10-2015 22:44
  
  Since January 2014, HousingWire has reported on what appears to be a tragic trend of suicides and mysterious deaths of financial executives and bankers. The latest highlights the pressures of the financial world, and raises uncomfortable questions.
  
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• Walter Investment CEO stepping down

  05-10-2015 22:34
  
  Coming just one month after Walter Investment Management Corp. agreed to pay $29.63 million in fines to settle charges brought by the Department of Justice, the company announced Monday that Mark O’Brien, the company's chairman and chief executive officer, is retiring this week.
  
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• TRID pushes industry into digital mortgages

  05-10-2015 22:00
  
  The migration to a fully digital mortgage workflow has long been the goal of forward thinking mortgage lenders. This process would absolutely return a better experience to the consumer, which is likely the main reason the government is making digital the obvious choice through TRID.
  
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• TRID Day One: Real estate and mortgage finance still alive

  05-10-2015 21:47
  
  The first full workday under the TILA-RESPA Integrated Disclosure rule is in the books, how did everyone do? And what's next for mortgage finance and real estate? It's a TRID world, we just live in it.
  
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• Will the FHA lower mortgage insurance premiums again?

  05-10-2015 19:52
  
  The Federal Housing Administration's mid-November actuarial report is expected to provide some insight into its pricing policy options, according to a client note from Compass Point Research & Trading. But will it suggest another mortgage insurance premium reduction?
  
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• SEC charges Home Loan Servicing Solutions over relationship with Ocwen

  05-10-2015 19:11
  
  The Securities and Exchange Commission announced Monday that it charged Home Loan Servicing Solutions for making "material misstatements" about its relationship with Ocwen Financial as well as misstating its net income on several occasions.
  
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• Billionaire hedge fund manager buying up all the places

  05-10-2015 18:13
  
  Billionaire hedge fund manager Kenneth Griffin, CEO of investment firm Citadel, spent close to $300 million on residential real estate. The move set record-high sales prices in three major metros.
  
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• Bernanke: Execs should have gone to jail for Great Recession

  05-10-2015 18:03
  
  Former Fed Chair Ben Bernanke has a lot of regrets about the Great Recession, everything from thinking more executives should have done time for doing the crime, to the belief that he didn't do enough to sell Americans on why Wall Street needed tens of billions in bailout.
  
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• The 12 most innovative countries in the world - Business Insider

  05-10-2015 16:26
  Business Insider
  The 12 most innovative countries in the world
  Business Insider
  Kenneth Griffin, manager of the Chicago-based hedge fund Citadel, is the likely owner of the single most expensive apartments in New York, Chicago, and Miami, according to The New York Times' Robert Frank. The hedge fund billionaire bought nearly $300 ...and more »
  

• Carrington Real Estate Services Hosts Grand Opening for New Irvine, California ... - PR Newswire (press release)

  05-10-2015 16:13
  Carrington Real Estate Services Hosts Grand Opening for New Irvine, California ...
  PR Newswire (press release)
  ANAHEIM, Calif., Oct. 5, 2015 /PRNewswire/ -- Carrington Real Estate Services, LLC (Carrington), a corporately-owned and operated national brokerage, announced today that its Irvine, California office will celebrate its grand opening on Thursday ...and more »
  

• Will China's Troubles affect U.S. Commercial Real Estate? - NuWire Investor

  05-10-2015 15:30
  Will China's Troubles affect U.S. Commercial Real Estate?
  NuWire Investor
  The recent stock market sell-off was driven mainly by the turmoil in China, which is dealing with the precipitous deflation of a stock-market bubble and is struggling to maintain its economic growth. If China's economy continues to head south, what ...and more »
  

• Next Wave Property Management Acquires Silver Mountain Real Estate Group - Business Wire (press release)

  05-10-2015 15:05
  Next Wave Property Management Acquires Silver Mountain Real Estate Group
  Business Wire (press release)
  SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)--Next Wave Property Management (NWPM) announced today that it has acquired Scottsdale, Ariz.-based Silver Mountain Real Estate Group, a leading manager of apartments, homeowners associations ...and more »
  

• [Study] Zillow rules real estate web traffic but lists fewer properties - HousingWire

  05-10-2015 13:56
  HousingWire
  [Study] Zillow rules real estate web traffic but lists fewer properties
  HousingWire
  Zillow Group's (Z) two portals — Zillow.com and Trulia.com — get more traffic than realtor.com, but Zillow Group sites have fewer listings in most markets, and the two are losing ground in traffic. That's the finding of a lengthy study by BuildZoom ...and more »
  

• [Study] Zillow rules real estate web traffic but lists far fewer properties

  05-10-2015 13:00
  
  Zillow Group’s two portals — Zillow.com and Trulia.com — get more traffic at their web sites than realtor.com, but Zillow Group sites have fewer listings in most markets, and the two are losing ground on traffic. Worse, there are questions about the quality of listings in key markets.
  
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• [Study] Zillow rules real estate web traffic but lists fewer properties

  05-10-2015 12:00
  
  Zillow Group’s two portals — Zillow.com and Trulia.com — get more traffic at their web sites than realtor.com, but Zillow Group sites have fewer listings in most markets, and the two are losing ground on traffic. Worse, there are questions about the quality of listings in key markets.
  
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• Is the global luxury real estate market cooling off? - CNBC

  05-10-2015 11:58
  CNBC
  Is the global luxury real estate market cooling off?
  CNBC
  The luxury London property market finally appears to be in pause mode, and it could stay stuck for a while, as extra costs are piled on to the cost of buying a top-notch home according to high-end estate agent Knight Frank. The hike in the cost of ...and more »
  

• New real estate contract and closing changes may put consumers on edge - Washington Post (blog)

  05-10-2015 11:37
  Washington Post (blog)
  New real estate contract and closing changes may put consumers on edge
  Washington Post (blog)
  Tim Savoy, a real estate agent with Coldwell Banker Residential Brokerage in Dupont Circle, writes an occasional column about the Washington-area housing market. Fall is ushering in big changes for anyone buying and selling a house, requiring ...
  

• Black Knight: Cash-out refis up 68% since August 2014

  05-10-2015 10:00
  
  Cash-out refinances jumped 68% year-over-year in August, as borrowers take advantage of still-low rates and newfound equity in their homes. Does that mean we're in pre-bubble territory?
  
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• Black Knight: Cash-out refis up 68% since 2Q 2014

  05-10-2015 10:00
  
  Cash-out refinances jumped 68% year-over-year from the second quarter of 2014 to the second quarter of 2015, as borrowers take advantage of still-low rates and newfound equity in their homes. Does that mean we're in pre-bubble territory?
  
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• Saudi Arabia to convert state real estate fund into bank - Al-Arabiya

  05-10-2015 09:40
  Al-Arabiya
  Saudi Arabia to convert state real estate fund into bank
  Al-Arabiya
  Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the economic policy apparatus announced since King Salman took the throne in January, as it struggles to address a shortage of affordable housing.and more »
  

• BRIEF-eQ real estate funds acquired properties for EUR 57 mln - Reuters

  05-10-2015 09:12
  BRIEF-eQ real estate funds acquired properties for EUR 57 mln
  Reuters
  Oct 5 eQ Oyj : * eQ real estate funds acquired properties for 57 million euros ($64.01 million). * Two funds have acquired properties for 230 million euros in 2015 and acquisitions will continue with growth of funds. Source text: bit.ly/1OS63l4 Further ...
  

• eQ REAL ESTATE FUNDS ACQUIRED PROPERTIES FOR 57 MILLION EUROS - GlobeNewswire (press release)

  05-10-2015 09:07
  eQ REAL ESTATE FUNDS ACQUIRED PROPERTIES FOR 57 MILLION EUROS
  GlobeNewswire (press release)
  eQ Asset Management has raised over 300 million euros of equity capital for real estate funds and the total investment capacity of eQ's two real estate funds, Special Investment Fund eQ Finnish Real Estate (AIF) and Special Investment Fund eQ Care (AIF ...
  Company Shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR ...American Trade Journal
  Washington Real Estate Investmen (NYSE:WRE) rating
  

• Real Estate Connection: MFA expands assistance - Las Cruces Sun-News

  05-10-2015 09:02
  Las Cruces Sun-News
  Real Estate Connection: MFA expands assistance
  Las Cruces Sun-News
  LAS CRUCES — Thanks to some very creative thinking on the part of the New Mexico Mortgage Finance Authority's (MFA's) leadership team, MFA rolled out on October 1st a new program that expands down payment and closing cost assistance to include ...
  

• Ares Management Real Estate Fund Acquires Kustermann Park Office Complex in Munich - MarketWatch

  05-10-2015 09:01
  Ares Management Real Estate Fund Acquires Kustermann Park Office Complex in Munich
  MarketWatch
  LOS ANGELES & LONDON, Oct 05, 2015 (BUSINESS WIRE) -- Ares Management, L.P. ARES, +2.44% announced today that real estate funds it manages has signed a definitive agreement to acquire the Kustermann Park office complex in Munich, Germany.
  Ares Management real estate to buy Kustermann ParkThomson Reuters' peHUB (press release)all 5 news articles »
  

• Local takes part in Asia Pacific Real Estate Congress - Marietta Daily Journal

  05-10-2015 06:20
  Marietta Daily Journal
  Local takes part in Asia Pacific Real Estate Congress
  Marietta Daily Journal
  Hugh Gilliam, a Realtor with Atlanta Communities, 3113 Roswell Road, Suite 101 in Marietta, made the several thousand mile journey in September to Honolulu, Hawaii, to take part in the Asia Pacific Real Estate Congress. Put on by the FIABCI-USA ...and more »
  

• Monday Morning Cup of Coffee: What are we going to do with Fannie and Freddie?

  05-10-2015 06:01
  
  Seven years later and the GSEs are still stuck in conservatorship. Isn’t it about time someone did something? But what? Plus, a look at the impact of Dodd-Frank on the recovery, a humorous take on hipster gentrification and more.
  
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• Affordability squeeze threatens ongoing growth in California

  05-10-2015 06:01
  
  A California cooling effect could put a freeze on nationwide appreciation and a sustained housing recovery. Once interest rates do rise, this new report says that California's housing market will only get worse.
  
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• Exclusive: Twitter ditches S.F. expansion plan as growth lags - San Francisco Business Times (blog)

  05-10-2015 05:33
  San Francisco Business Times (blog)
  Exclusive: Twitter ditches S.F. expansion plan as growth lags
  San Francisco Business Times (blog)
  Twitter Inc. abandoned plans at the 11th hour last week for a big expansion into Uber and Square's 1455 Market St. headquarters, potentially due to a hiring slowdown, according to three people with knowledge of the company's plans. Before putting U.S. ...and more »
  

• REAL ESTATE: No housing bubble in sight, economist says - Press-Enterprise

  05-10-2015 03:17
  Press-Enterprise
  REAL ESTATE: No housing bubble in sight, economist says
  Press-Enterprise
  Home prices, sales continue to rise but UC Riverside director of economic forecasting says Inland Southern California homeowners need not fear a housing bubble. Tweet · View the Best of Inland Empire 2015 winners!
  

• Where Millennial Home Ownership Thrives

  05-10-2015 00:00
  Realtor.com® recently identified the top 10 areas where millennials are the most represented among mortgage borrowers – accounting for...
  
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• Leverage Instagram for Your Business

  05-10-2015 00:00
  Instagram has emerged as one of the largest social media platforms with more than 400 million monthly active users. Here are some ways to build...
  
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• “The Affair's” real-estate porn: Class politics, twisted perspectives and New ... - Salon

  05-10-2015 00:00
  Salon
  “The Affair's” real-estate porn: Class politics, twisted perspectives and New ...
  Salon
  The pilot episode of Showtime's self-indulgent character drama “The Affair” makes prominent use, in the first few scenes, of On Prospect Park, a 15-story glass building designed by celebrated architect Richard Meier. It's difficult to miss—an ...and more »
  

• Get Ready for Explosive 'Smart' Home Growth

  05-10-2015 00:00
  About 100 million households will be “smart” worldwide by the end of the year, according to a new report. 
  
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• Consumers See You as Top Resource

  05-10-2015 00:00
  A new study finds that, though Americans don’t have all the information they need about home ownership, they are more likely to turn to real...
  
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• Buying a Home 48% More Affordable Than 2006

  05-10-2015 00:00
  Spread the news to your buyers: buying a home is still significantly more affordable than it was during the 2006 housing bubble.
  
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• Apartment Boom Shows Signs of Cooling

  05-10-2015 00:00
  The thriving apartment market may finally have reached its peak, but that doesn’t mean renters may soon feel any relief from escalating...
  
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• 4 Digital Marketing Trends to Watch in 2016

  05-10-2015 00:00
  Looking to gain more of an edge in your area? Here are some marketing trends you need to be aware of.
  
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