President Barack Obama’s 5th annual State of the Union Address contained over 6,500 words and only mentions housing twice, but the industry received enough of a mention for insiders to just run with it. …read more
Monthly Archives:: January 2014
Realtor Teams Or Individual Agents, Part 2 – Forbes
Realtor Teams Or Individual Agents, Part 2ForbesPreviously, I explored the nature of Realtor Teams as advocates for real estate consumers, but here and now we take a look at the perennial industry standard; the traditional individual real estate agent as buyer and seller champion. The real estate … …read more
Sacramento County relaxes affordable housing requirements
Sacramento County supervisors voted Tuesday to reduce affordable housing requirements, hoping to spur home construction after a recessionary lull despite opposition from advocates for low-income residents. …read more
Don’t look now: Fannie, Freddie, Ginnie bonds are on a roll
While the Federal Reserve continues to reduce holdings of mortgage-backed securities and Treasurys, the mortgage bond market is reacting well. Very well. …read more
For the POTUS, housing doesn’t make the cut
Often, it’s what a person doesn’t say that matters most. And while the President’s State of the Union address on Tuesday night touched on many expected topics — it was one expected topic that President Obama chose not to discuss that most caught our attention at HousingWire. …read more
The Ruining of the Bulls: San Francisco’s Latest Experiment with Minor League … – SF Weekly
The Ruining of the Bulls: San Francisco’s Latest Experiment with Minor League …SF WeeklyBecause as much as people *LOVE* to trash that neighborhood, it is good old fashioned Bay Area real estate, which means it is valuable as hell to developers! Don’t be fooled- the reason you have heard so many bad things about this […]
Mortgage applications stay frozen
Mortgage applications witnessed a quiet week of little change, with filings declining a meager 0.2% from a week earlier. …read more
Why D.R. Horton’s stock went soaring Tuesday
HW 30 finished up Tuesday as consumer confidence showed signs of a comeback. But the stock feeling the greatest surge was a middle-market builder experiencing a new surge in demand. …read more
5 charts you must see right now
The economic state of the union probably won’t be touched on tonight, what with the emphasis on all things political and nothing factual. These charts are each worth 1,000 of words. …read more
Jefferies Group reaches $25 million MBS settlement
Jefferies Group reached agreement with the United States Attorney for the District of Connecticut to pay $25 million to settle an investigation relating to the purchases and sales of mortgage-backed securities that came to light in 2011. …read more
Top 10 cities to avoid natural disasters, unless you count blizzards
These cities will help you avoid earthquakes, hurricanes and tornados, but there are tradeoffs. …read more
D+H rebrands operations following acquisitions
Davis + Henderson Corp. officially announced it is operating as a single brand in North America and globally, rebranding its legacy Harland Financial Solutions, Mortgagebot and Compushare brands to D+H. …read more
Will this patch for the National Flood Insurance Program hold water?
The Toomey amendment wants to curb the deficit spending at the National Flood Insurance Program. On that alone it probably deserves consideration. …read more
LIVE BLOG: State of the Union
HW will be live blogging tonight’s State of the Union address from Barack Obama. You know you want to join in the fun. …read more
5 reasons the CFPB needs a Congressional buffer
The notion that the Consumer Financial Protection Bureau needs a board to oversee its activities is not popular within the agency. However, there are several reasons why such an entity could prove to be beneficial. …read more
Join HW as we live blog the SOTU
HW will be live blogging tonight’s State of the Union address from Barack Obama. You know you want to join in the fun. …read more
Ben Bernanke begins his final FOMC meeting
Stocks are mostly up and projected to break a five-session skid as investors await the outcome of Fed Chairman Ben Bernanke’s last Federal Open Market Committee meeting. …read more
Consumer confidence hits five-month high
Consumer confidence unexpectedly climbed to a five-month high in January as Americans became more optimistic about the economy and the labor market. …read more
SIGTARP tackles fraud against homeowners, TARP banks
SIGTARP has brought 174 individuals to criminal charges, of which 122 have been convicted and 72 have been sentenced to prison. …read more
When rising homes prices are not enough
Despite rising home prices, some homeowners are still entering the foreclosure process. It seems even with equity at their fingertips, these borrowers cannot catch a break. Fitch Ratings explains why equity means very little when a borrower simply has no ability to pay. …read more
Is this what’s holding back the RMBS market?
It’s a long climb back from it’s absolute lows to the pre-2008 heights for the RMBS market. Can they even get started? …read more
CFPB Director Richard Cordray just told off the House Financial Services Committee
Consumer Financial Protection Bureau Director Richard Cordray appeared before the House Financial Services Committee this morning for his Semi-Annual Grilling (I mean report) before Congress. Those of you who remember controversial CFPB hearings from the past are in for a real treat. …read more
The Rundown: What you have to know Jan. 28
A look at some of the stories behind the stories, and some context to bring all your free-range data into perspective. …read more
Fixed-rate mortgages tumble in popularity
The dominance of the 30-year, fixed-rate mortgage is starting to lose its threshold as adjustable-rate mortgages become more appealing due to rising interest rates. …read more
Tax Geek Tuesday: Why You Should Never Hold Real Estate In A Corporation? – Forbes
Tax Geek Tuesday: Why You Should Never Hold Real Estate In A Corporation?ForbesTake, for example, the client who contemplates the type of entity that should be used to hold a piece of real estate. For most tax practitioners, this would elicit the following Pavolovian reaction: “You should NEVER put real estate inside a corporation.”. …read […]