Real estate news

• Fannie Mae sells first small NPL pool to private equity firm

  28-07-2016 23:49
  
  Fannie Mae announced Thursday that it selected a winning bidder for its fourth sale of non-performing loans as part of its "Community Impact Pool" program. But for the first time since it began targeting smaller investors, Fannie Mae selected a private equity firm as the winner of the auction.
  
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• Google Lawyer and Former SF Bar President Implicated In Bizarre Real Estate Scam - SFist

  28-07-2016 23:39
  
  Google Lawyer and Former SF Bar President Implicated In Bizarre Real Estate Scam
  SFist
  TIC owner Leah Ahn outside the North Beach building she bought into in 2004, and has been wish she could sell for the last seven years. Photo: Gabriel Rojas. by Chris Roberts. 851 Lombard Street was supposed to serve two purposes for Leah Ahn and her ...
  
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• Lower delinquencies boost Old Republic MI ratios

  28-07-2016 22:48
  
  A decrease in delinquencies combined with an increase in cured defaults pushed claim ratios lower in the second quarter of 2016. Diluted earnings per share also inched up from last year.
  
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• Industry Expert Dave Garland Joins NAR’s Second Century Ventures Investment Team

  28-07-2016 22:22
  
  Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has selected Dave Garland – a respected industry consultant and investor – to join the firm. Garland will help set a forward looking direction for the venture capital fund, which develops early-stage technology companies, and guide its technology accelerator program, REach.
  In this new role, Garland will search out and evaluate investment opportunities that promise to improve the globa
  
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• Two Harbors gives up securitization business

  28-07-2016 22:20
  
  Once a prominent feature of the secondary mortgage market, prime jumbo residential-mortgage backed securities fell out of favor in the aftermath of the housing crisis. While the post-crisis figures paled in comparison to the pre-crisis days, there are still a number of companies actively issuing prime jumbo RMBS deals. But now, there’s one less.
  
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• Quicken Loans Ranks Highest in Study of Mortgage Servicing Client Satisfaction

  28-07-2016 22:15
  
  Detroit-based Quicken Loans recently ranked highest in the country for client satisfaction among home loan servicers in a study conducted by J.D. Power.
  This is the third consecutive year Quicken Loans earned the top spot in the servicing study, ranking highest in the survey each year it was eligible. The company has also ranked highest in the J.D. Power survey of mortgage originators for six straight years – earning nine top rankings combined in the past seven years. Quicken Loans is the
  
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• Have Your Cake (and Eat It, Too) at the Betty Crocker House

  28-07-2016 22:12
  
  Fresh out of the (cake) box is the Betty Crocker House, now on the market for $675,000.
  The Cape Cod-style confection, located in Norwell, Mass., was home to Janette Kelley, one of the first contributors of cookbooks and recipes to Betty Crocker, a brand with a persona cooked up by advertisers. (Consider our soufflé deflated.)
  The antique house is far from cookie-cutter. Built in 1681, the home spans 2,808 square feet and has a gambrel roof, clapboard siding, a sunroom and a chicken
  
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• Single-family rental investors struggle to make money in California

  28-07-2016 20:57
  
  Investors are having a hard time in California, which holds most of the markets on the top 10 list of worst markets to invest in single-family rentals. HomeUnion’s study shows a list of the best and worst market for investors.
  
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• Inman Educational Webinar: How to be a real estate celebrity - Inman.com

  28-07-2016 20:53
  
  Inman Educational Webinar: How to be a real estate celebrity
  Inman.com
  Inman Educational Webinar: How to be a real estate celebrity ...and more »
  
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• Uber Co-Founder Sets Sights on Real Estate Industry – Unveils 'Open, Fair' Platform - RisMedia.com (press release)

  28-07-2016 20:33
  
  TechCrunch
  Uber Co-Founder Sets Sights on Real Estate Industry – Unveils 'Open, Fair' Platform
  RisMedia.com (press release)
  The co-founder of Uber today introduced a new platform that considerably boosts transparency in real estate transactions. The venture, named Haus, is an “open and fair real estate platform” that grants real estate agents and homebuyers access to all of ...
  Uber co-founder launches new real estate venture for Expa called HausTechCrunch
  Uber co-founder make
  
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• Uber Co-Founder Sets Sights on Real Estate Industry – Unveils ‘Open, Fair’ Platform

  28-07-2016 20:16
  
  The co-founder of Uber today introduced a new platform that considerably boosts transparency in real estate transactions.
  The venture, named Haus, is an “open and fair real estate platform” that grants real estate agents and homebuyers access to all of the offers in front of a seller, among other permissions. The platform was developed by Expa, a startup studio helmed by Garrett Camp, co-founder of Uber.
  “Most aspects of life have been improved by technology, yet buying or sell
  
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• U.S. Expands Real Estate Money Laundering Reporting - Wall Street Journal

  28-07-2016 20:14
  
  Wall Street Journal
  U.S. Expands Real Estate Money Laundering Reporting
  Wall Street Journal
  U.S. officials are looking more closely at some all-cash real estate purchases in a bid to ferret out money laundering in properties. WSJ's Samuel Rubenfeld ...and more »
  
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• Yes, college grads more likely to buy a home... but

  28-07-2016 19:25
  
  Fannie Mae conducted a survey where it collected information on Americans with student debt, and what affect that debt has on homeownership. A college education showed to improve homeownership rates in the end, but may delay it.
  
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• SEC filing details Ocwen's efforts to rid itself of California mortgage servicing restrictions

  28-07-2016 18:32
  
  Ocwen Financial revealed Wednesday that it is attempting to rid itself of the business restrictions placed upon it by the California Department of Business Oversight, but a Thursday filing with the Securities and Exchange Commission details just how those negotiations are going and why Ocwen is trying to buy its way out of the settlement.
  
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• Want to invest in real estate? Beware! - MarketWatch - MarketWatch

  28-07-2016 18:24
  
  MarketWatch
  Want to invest in real estate? Beware! - MarketWatch
  MarketWatch
  There are many ways to get into real estate, but none are risk-free and some may require considerable labor and bookkeeping.and more »
  
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• First Guaranty hires new senior director

  28-07-2016 18:22
  
  First Guaranty hired Joaquin Torre as its new senior director. Company chief revenue officer talks about why Torre makes an exceptional addition to the capital markets team.
  
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• Expert economists: Latest drop in homeownership no big deal

  28-07-2016 17:44
  
  Although homeownership rates hit their lowest rate since 1965, some experts say that the change reflects more trends in the rental market than in housing. Others, while concurring that the data shows a lot about rental trends in the market, disagree about the gravity of the decreasing homeownership rate.
  
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• Uber cofounder launches new real estate venture for Expa called Haus - TechCrunch

  28-07-2016 17:16
  
  Uber cofounder launches new real estate venture for Expa called Haus
  TechCrunch
  Garrett Camp, Uber cofounder and CEO of Expa Studios, is today unveiling Expa's latest project, Haus. Haus is the studio's first real estate play and focuses entirely on the buying and selling of residential property, digitizing and organizing offers ...
  
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• Uber co-founder launches new real estate venture for Expa called Haus - TechCrunch

  28-07-2016 17:00
  
  TechCrunch
  Uber co-founder launches new real estate venture for Expa called Haus
  TechCrunch
  Garrett Camp, Uber cofounder and CEO of Expa Studios, is today unveiling Expa's latest project, Haus. Haus is the studio's first real estate play and focuses entirely on the buying and selling of residential property, digitizing and organizing offers ...
  Uber co-founder makes real estate play with Haus - San Francisco ...San Francisco Business Times (blog)
  The Guy Who Co-Built Uber Is Coming For Real Est
  
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• Radian grows new mortgage insurance written 60% in Q2

  28-07-2016 16:24
  
  Radian’s second quarter earnings showed an increase in new mortgage insurance written, as well as a tightening credit box as more of its primary mortgage insurance risk consisted of loans with a FICO score of at least 740.
  
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• Freddie Mac: Mortgage rates continue upward trend

  28-07-2016 16:00
  
  The 30-year fixed-rate mortgage increased again this week, however it does not seem to bother homebuyers as rates are still near historical lows. On the other hand, the 10-year Treasury yield remained flat. Freddie Mac chief economist explains why.
  
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• Big real estate company ditches suburbs for the Gulch - Nashville ... - Nashville Business Journal

  28-07-2016 15:04
  Big real estate company ditches suburbs for the Gulch - Nashville ...
  Nashville Business Journal
  The move, disclosed first to the Nashville Business Journal, comes as name recognition is arguably as vital as ever in Nashville's real estate industry ...and more »
  
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• Podcast: A College Student's Journey To Success Using Real Estate - Inman.com

  28-07-2016 12:11
  
  Podcast: A College Student's Journey To Success Using Real Estate
  Inman.com
  Think you have a lot on your plate? How about going to college full time and becoming a real estate agent? Jacksonville agent, Luis Perez, did just that.and more »
  
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• Exclusive: Chronos Solutions acquires UPF Services

  28-07-2016 08:00
  
  Chronos Solutions announced its latest business move, finalizing its acquisition of UPF Services. Matt Slonaker, executive vice president of sales and marketing for Chronos Solutions, first alluded to the acquisition in an interview with HousingWire back in July. Now only a few weeks later, Slonaker and Andrew Gladston, senior vice president of corporate development at Chronos Solutions, revisited with HousingWire to give the full details of the acquisition. Click the headline to read what this
  
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• Chronos Solutions acquires UPF Services

  28-07-2016 08:00
  
  Chronos Solutions announced its latest business move, finalizing its acquisition of UPF Services. Matt Slonaker, executive vice president of sales and marketing for Chronos Solutions, first alluded to the acquisition in an interview with HousingWire back in July. Now only a few weeks later, Slonaker and Andrew Gladston, senior vice president of corporate development at Chronos Solutions, revisited with HousingWire to give the full details of the acquisition.
  
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• Airbnb Rentals Planned by Japan Real Estate Firm on Tourist Boom ... - Bloomberg

  28-07-2016 07:53
  
  Airbnb Rentals Planned by Japan Real Estate Firm on Tourist Boom ...
  Bloomberg
  Star Mica Co., a Tokyo-listed real-estate company founded by an ex-Goldman Sachs Group Inc. banker, plans to double returns from apartments using Airbnb to ...and more »
  
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• Two charged in Deschutes County real estate, mortage scheme ... - KTVZ

  28-07-2016 04:27
  
  KTVZ
  Two charged in Deschutes County real estate, mortage scheme ...
  KTVZ
  A Deschutes County grand jury has indicted two people on several charges in connection with significant mortgage and rental fraud schemes, District Attorney ...and more »
  
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• Existing home sales to continue upward trend?

  28-07-2016 00:35
  
  Existing home sales performed well during the past four months and aren't projected to change in the near future. Ten-X Executive Vice President Rick Sharga comments on what's making this market tick.
  
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• Is there a light at the end of the tunnel for Ocwen?

  28-07-2016 00:29
  
  True to its own predictions from earlier in the year, Ocwen Financial posted another loss in the second quarter, putting it on track to post a loss in 2016. But is there finally a light at the end of the tunnel for the nonbank?
  
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• The 20 Hottest Housing Markets for July 2016

  28-07-2016 00:00
  Realtor.com® releases its latest list showing the top performing markets this month. Take a look.
  
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• Shipping Container Homes Aren’t Far-Fetched

  28-07-2016 00:00
  One developer has bought up land in Houston hoping to spawn an entire neighborhood of shipping container homes. So far, he has one listing...
  
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• New Crop of Commercial Members Springs Up

  28-07-2016 00:00
  With a recovering economy, more agents are getting into the commercial real estate game.
  
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• How to Create a Winning Real Estate Team

  28-07-2016 00:00
  More real estate professionals than ever are seeking to build a dynamic sales team. Here are some new insights that can help...
  
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• Fannie Mae Tweaks 3% Loan Program

  28-07-2016 00:00
  Fannie Mae says it will continue to evolve its HomeReady program "to expand access to credit responsibly and promote successful home...
  
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• 4 of 5 Americans Rate Housing a Good Investment

  28-07-2016 00:00
  "The survey shows that most Americans believe that owning a home remains an integral part of the American Dream and that policymakers need to...
  
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• 3 Ways to Get Others Talking About You

  28-07-2016 00:00
  Want to be known as the real estate expert in your community? Try these free ways to get others talking.  
  
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