Real estate news

• Two Harbors bailing on jumbo bonds already impacting mortgage market

  29-07-2016 23:40
  
  Two Harbors Investment Corp. shocked the mortgage industry Thursday when it announced that it planned to shutter its mortgage loan conduit and securitization business. But what about the loan originators that turned to Two Harbors to buy jumbo loans? What happens to them now that there’s one less buyer and securitizer of jumbo mortgages in the market?
  
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• DOJ loses another top cop on mortgage fraud

  29-07-2016 23:30
  
  The Department of Justice is about to lose another one of its top cops in its fight against mortgage fraud. The DOJ announced Friday that John Walsh, the U.S. Attorney for the District of Colorado and the co-chair of the DOJ’s Residential Mortgage-Backed Securities Working Group. While with the DOJ, Walsh played a key leadership role in securing a $7 billion settlement with Citigroup over residential mortgage-backed securities and collateralized debt obligations.
  
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• New York reportedly investigating Nationstar, Walter Investment reverse mortgage divisions

  29-07-2016 22:58
  
  The New York Department of Financial Services is reportedly launching an investigation into the reverse mortgage divisions of Nationstar Mortgage and Walter Investment Management Corp., according to the New York Post. Click here for the scoop.
  
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• NAR: Proposed TRID changes a "significant victory"

  29-07-2016 22:51
  
  The National Association of Realtors secured a victory in the changes announced Friday to the much-anticipated Consumer Financial Protection Bureau Know Before You Owe rule. The bureau gave much more concrete explanations for one of the biggest problem areas — the closing disclosure.
  
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• Orlando real estate family rocked by daughter's fraud charges - Orlando Sentinel

  29-07-2016 20:41
  
  Orlando Sentinel
  Orlando real estate family rocked by daughter's fraud charges
  Orlando Sentinel
  At least ten clients of Olde World Title had their escrow funds stolen, state officials charged. Victims of an alleged million-dollar fraud by Orlando title agent Leaza Lopez say they trusted her because of her parents' reputation as a Central Florida ...
  
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• Guardian Mortgage parent company merging with Sunflower Financial

  29-07-2016 20:36
  
  In a move that will create the third largest banking institution headquartered in Colorado, Sunflower Financial, the parent company of Sunflower Bank and Logia Portfolio Management,and Strategic Growth Bancorp, the parent company of First National Bank of Santa Fe, Capital Bank and Guardian Mortgage Company, announced plans to merge.
  
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• 5 Things to Know About Today's Denver Real Estate Market - Huffington Post

  29-07-2016 20:11
  
  5 Things to Know About Today's Denver Real Estate Market
  Huffington Post
  What do you need to know about the Denver real estate market and why is my neighbor's house taking so long to sell? You thought it'd happen in a weekend...and more »
  
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• Real estate transfers: 7-29 - Toledo Blade

  29-07-2016 20:09
  Real estate transfers: 7-29
  Toledo Blade
  Magrum William J (suc. Tr) to Trisun Land Services LLC As Trustee, 8025 Manore Rd, Grand Rapids, $710,608, (7/21). 43528. Residential. Ramm Chadd &duguette Heatherwros to Schmidlin Eric, 7717 Angola Rd, Holland, $1, (7/18). Yunker Larry to Us Bank ...
  
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• List Leaders: Meet the metro region's 10 largest commercial real estate developers - Portland Business Journal (blog)

  29-07-2016 19:43
  Portland Business Journal (blog)
  List Leaders: Meet the metro region's 10 largest commercial real estate developers
  Portland Business Journal (blog)
  They are the top 10 commercial real estate developers in metro Portland, as ranked by the square footage they developed between 2011 and 2015. In total, the five firms developed more than 7.5 million square feet over that timeframe, an impressive ...
  
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• Mortgage: Survey: Real estate remains top investing pick - Chron.com

  29-07-2016 19:42
  
  Mortgage: Survey: Real estate remains top investing pick
  Chron.com
  Given the recent record highs in the S&P 500 and the Dow Jones industrial average, you might think Americans would feel excited about the future of the stock market. But you'd be wrong, a Bankrate national survey has found. When we gave people a few ...
  
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• Community lenders: We should be exempt from CFPB exams and primary enforcement, too

  29-07-2016 19:40
  
  The Community Home Lenders Association believes that small non-bank mortgage lenders should be exempt from the Consumer Financial Protection Bureau's exams and primary enforcement, just as most banks already are. Here, the organization explains why and discusses why that exemption would help small lenders better serve consumers.
  
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• Community lenders: Here's why we should be exempt from CFPB rules

  29-07-2016 19:40
  
  The Community Home Lenders Association believes that small non-bank mortgage lenders should be exempt from the Consumer Financial Protection Bureau's rules. Here, the organization explains why and discusses why that exemption would help small lenders better serve consumers.
  
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• LLC Disclosure Laws | Treasury Department | LA Real Estate - The Real Deal Magazine

  29-07-2016 19:35
  
  The Real Deal Magazine
  LLC Disclosure Laws | Treasury Department | LA Real Estate
  The Real Deal Magazine
  L.A. real estate professionals say the Treasury Department's latest attempt to sniff out dirty money in real estate deals has missed the mark.and more »
  
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• Dallas homebuilding values shift dramatically

  29-07-2016 19:29
  
  New home starts in Dallas may be up, but it won’t help the affordability crisis as homebuilders made a dramatic shift in the type of homes they are building. Instead of building affordable homes, new home starts are increasing in the higher price ranges.
  
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• Feel-Good Real Estate - 5280 | The Denver Magazine

  29-07-2016 18:57
  5280 | The Denver Magazine
  Feel-Good Real Estate
  5280 | The Denver Magazine
  Some industry pros are just as interested in good karma as they are in fat commissions. By. Steve Knopper. August 2016. —Illustration by Kotryna Zukauskaite. facebook · Post to Twitter · Print · E-mail. With median home prices hovering around $400,000 ...
  5 Things to Know About Today's Denver Real Estate MarketHuffington Postall 2 news articles »
  
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• Are You the Only One Not Investing in Real Estate? | US News Real ... - U.S. News & World Report

  29-07-2016 18:54
  
  U.S. News & World Report
  Are You the Only One Not Investing in Real Estate? | US News Real ...
  U.S. News & World Report
  How to figure out if you're ready to take the plunge, and what you should do first.and more »
  
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• Are You the Only One Not Investing in Real Estate? - U.S. News & World Report

  29-07-2016 18:54
  
  U.S. News & World Report
  Are You the Only One Not Investing in Real Estate?
  U.S. News & World Report
  How to figure out if you're ready to take the plunge, and what you should do first. (Getty Images). By Devon Thorsby. July 29, 2016, 12:51 p.m.. MORE. LinkedIn; StumbleUpon; Reddit; Cancel. Are You the Only One Not Investing in Real Estate? How to ...and more »
  
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• CFPB will update Know Before You Owe rule

  29-07-2016 18:20
  
  Staying true to its announcement three months ago, the Consumer Financial Protection Bureau released a set of proposed updates to its Know Before You Owe mortgage disclosure rule after industry calls asked for greater clarity and certainty on the rule. However, the changes, while welcomed, don't address everything the industry asked for.
  
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• Consumers unsure about economic conditions

  29-07-2016 17:46
  
  Consumer sentiment decreased in July from last year as well as last month. Some of the decrease can be credited to Brexit, and near the end of July consumers became more optimistic about the state of the economy.
  
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• What your friends do on Facebook could directly affect the house you live in - CNBC

  29-07-2016 17:44
  
  CNBC
  What your friends do on Facebook could directly affect the house you live in
  CNBC
  The findings may help explain how housing-market shifts can happen in different parts of the country, even when those areas are experiencing different economic conditions. Nicholas Wells | @wellsangels. 2 Hours Ago CNBC.com. SHARES ...and more »
  
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• 3 Hottest Real Estate Markets in U.S. | Investopedia - Investopedia

  29-07-2016 17:06
  
  Investopedia
  3 Hottest Real Estate Markets in U.S. | Investopedia
  Investopedia
  These three cities had the biggest real estate price gains in May.and more »
  
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• 3 Hottest Real Estate Markets in U.S. - Investopedia

  29-07-2016 17:06
  
  Investopedia
  3 Hottest Real Estate Markets in U.S.
  Investopedia
  Let's start with the good news related to the domestic real estate market as a whole. According to the CoreLogic Case-Shiller 20-City Composite Index, real estate prices increased 5.25% in May year-over-year. The bad news is that this was versus an ...and more »
  
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• What about $270000 buys in the San Bernardino County real estate market - Los Angeles Times

  29-07-2016 17:01
  
  Los Angeles Times
  What about $270000 buys in the San Bernardino County real estate market
  Los Angeles Times
  Southland home prices continued to trend upward in the month of June, with the entire region seeing a 5% increase from a year earlier. In San Bernardino County, the median home price for a single-family home topped out at $270,000, a 4.8% jump from the ...
  
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• The Rising Value of Emotional Real Estate - Huffington Post

  29-07-2016 16:22
  The Rising Value of Emotional Real Estate
  Huffington Post
  Due to the expanding social environment and the opportunity for all to participate in conversation, a lot is expected of brands these days. Not just in quality but in conversations and point of view on current events or even pop culture. In a world ...
  
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• Paltry GDP growth shows economy is "barely above water"

  29-07-2016 16:15
  
  “Over the past 12 months, the economy has expanded by only 1.2%,” Paul Ashworth, chief economist at Capital Economics, said. “What is really worrying is that pace has still been enough to reduce the unemployment rate further, suggesting that the economy’s potential growth rate could conceivably be close to zero.”
  
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• Uber co-founder makes real estate play with Haus - San Francisco ... - San Francisco Business Times (blog)

  29-07-2016 16:10
  TechCrunch
  Uber co-founder makes real estate play with Haus - San Francisco ...
  San Francisco Business Times (blog)
  Uber co-founder Garrett Camp has launched a new real estate venture called Haus for startup studio Expa, which allows buyers to digitize the making and ...
  Uber co-founder launches new real estate venture for Expa called HausTechCrunch
  The Guy Who Co-Built Uber Is Coming For Real Estate - Inman NewsInman.com
  Uber Co-Founder Sets Sights on Real Estate Industry – Unveils
  
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• Uber co-founder makes real estate play with Haus - San Francisco Business Times (blog)

  29-07-2016 16:10
  TechCrunch
  Uber co-founder makes real estate play with Haus
  San Francisco Business Times (blog)
  Uber co-founder Garrett Camp has launched a new real estate venture called Haus for startup studio Expa, which allows buyers to digitize the making and accepting of official offers on a property. Camp debuted the startup on Thursday, TechCrunch reports.
  Uber co-founder launches new real estate venture for Expa called ...TechCrunch
  Uber Co-Founder Sets Sights on Real Estate Industry – Unveils ..
  
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• June Real Estate Transactions - Journal and Courier

  29-07-2016 15:01
  
  Journal and Courier
  June Real Estate Transactions
  Journal and Courier
  June real estate transactions in Tippecanoe County. Jacobson Lafayette LLC, 5255 Collins Ave. Penthouse A, Lafayette to UTF Lafayette LLC; $4,015,000. Benjamin J. Delaware, 3484 Turnbridge Way, West Lafayette to Kirk and Arden Hoppe; $229,600.
  
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• 4 Real Estate Mutual Funds To Ride Record Home Sales - Seeking Alpha

  29-07-2016 13:23
  4 Real Estate Mutual Funds To Ride Record Home Sales
  Seeking Alpha
  Sales of both newly built and previously owned homes hit record levels in June, while pending home sales also edged higher. These are signs of sturdy demand in the housing market, which was made possible by low mortgage interest rates and solid growth ...
  
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• Pokémon Go is being used to sell real estate in Sweden - Business Insider Nordic

  29-07-2016 12:45
  
  Business Insider Nordic
  Pokémon Go is being used to sell real estate in Sweden
  Business Insider Nordic
  Only two weeks have passed since the release, and Pokémon Go has already become so popular in Sweden that the game must be taken into consideration when deciding where to live. At least if you're to believe the Swedish real estate market. Ad.
  
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• How is Atlanta's residential real estate market doing half way through 2016? - Atlanta Business Chronicle

  29-07-2016 12:25
  Atlanta Business Chronicle
  How is Atlanta's residential real estate market doing half way through 2016?
  Atlanta Business Chronicle
  Atlanta's residential real estate market was booming in during the first half of 2016 but “the gridlock of inventory is the issue to watch” looking forward to the second half of the year. Atlanta-based Dorsey Alston, Realtors reported home and ...
  
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• Why self-awareness is crucial to your real estate success - Inman.com

  29-07-2016 11:35
  
  Why self-awareness is crucial to your real estate success
  Inman.com
  It's hugely important to know what you're good at and what you're not good at in business. Real estate investors often paint a picture in their heads of who they want to be and where they want to go without doing a reality check. Putting yourself in a ...
  
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• Our view: Real estate on upswing a healthy sign for region - The Daily News of Newburyport

  29-07-2016 09:05
  
  Our view: Real estate on upswing a healthy sign for region
  The Daily News of Newburyport
  It was good to see a positive real estate report from the Warren Group this week showing home prices and sales rising steadily — and in some cases rapidly — throughout the region. The company, publisher of Banker and Tradesman among other ...
  
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• James Uibel, N.J. real estate appraiser - Philly.com

  29-07-2016 09:01
  
  Philly.com
  James Uibel, N.J. real estate appraiser
  Philly.com
  James Uibel, 54, of Collingswood, a former real estate appraiser, died of colon cancer Monday, July 25, at Samaritan Healthcare and Hospice in Mount Holly. Born in Gloucester City, Mr. Uibel graduated from Gloucester City High School in 1980, earned a ...
  
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• Boynton Beach: Couple blames real estate market for delay in family - MyPalmBeachPost

  29-07-2016 06:55
  
  MyPalmBeachPost
  Boynton Beach: Couple blames real estate market for delay in family
  MyPalmBeachPost
  BOYNTON BEACH — Mark and Jen Kaplan are newlyweds — they married in January. The couple would like to start a family, buy a bigger house and finally get Mark the garage he has wanted for years. But they are locked in — held hostage by the real ...and more »
  
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• West Palm Beach: I was a real estate writer, and I was duped too - Palm Beach Post

  29-07-2016 06:39
  
  Palm Beach Post
  West Palm Beach: I was a real estate writer, and I was duped too
  Palm Beach Post
  WEST PALM BEACH — I'd been a real estate writer and editor for years. I'd won my share of awards writing about commercial and residential property. I'd earned my real estate license. Got a 96 on the course test. West Palm Beach: I was a real estate ...and more »
  
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• Real estate bust 10 years later: Covering housing didn't help me ... - Palm Beach Post

  29-07-2016 06:39
  
  Palm Beach Post
  Real estate bust 10 years later: Covering housing didn't help me ...
  Palm Beach Post
  WEST PALM BEACH — I'd been a real estate writer and editor for years. I'd won my share of awards writing about commercial and residential property.and more »
  
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• Ellie Mae raises full year guidance after another record earnings report

  29-07-2016 03:04
  
  Ellie Mae is moving from strength to strength, and its president sees no end in sight to the company's growth potential. After market close, the company reported record revenue of $90.1 million, up 37% from $65.9 million in Q2 2015.
  
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• Arch MI wrote $6.42B in mortgage insurance in the second quarter

  29-07-2016 00:49
  
  Arch Mortgage Insurance, the mortgage segment of Arch Capital Group, generated $6.42 billion of new insurance written during the second quarter of 2016. While Arch MI does mortgages internationally, here's the breakdown for how it performed in the U.S.
  
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• Which Latin American country searches for South Florida real estate the most? - Inman.com

  29-07-2016 00:22
  
  Inman.com
  Which Latin American country searches for South Florida real estate the most?
  Inman.com
  Venezuelans search for Miami real estate 22.7 times more than Trulia would expect based on the country's national search volume. Venezuela accounts for 13 percent of foreign sales, with an average purchase price of $488,000. Brazil, Argentina, Columbia ...and more »
  
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• Your Home’s 10 Dating Deal Breakers

  29-07-2016 00:00
  Single men and women say they think twice about their dates when they see these problems in their home. 
  
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• Rate of Homeownership Hits 50-Year Low

  29-07-2016 00:00
  The home ownership rate dropped again, but it’s no reason to be a Debbie Downer. Here’s why. 
  
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• Mortgage Rates Move Upwards, But Stay Low

  29-07-2016 00:00
  Freddie Mac reports that fixed-rate mortgages rose again this week, albeit slightly, and remain near historic lows.
  
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• Lenders Told It’s Customary to Share Closing Disclosure With Agents

  29-07-2016 00:00
  The Consumer Financial Protection Bureau has proposed clarifications to the rules it instituted last year that should provide...
  
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• First Half Review: Housing Is Doing Well

  29-07-2016 00:00
  But how long will it last? Realtor.com®’s Chief Economist Jonathan Smoke answers. 
  
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• 10 Best Cities for Seniors Ranked

  29-07-2016 00:00
  The SeniorScore calculated by one site takes into account more than 100 variables across major categories, such as health and safety, to pinpoint...
  
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