The latest news from DataQuick is that Las Vegas-area homes sold at the slowest pace for a January in five years as the median sale price dipped month-to-month but remained 22% higher than a year earlier. …read more
Monthly Archives:: February 2014
JPMorgan chief compliance officer exits after one year
The nation’s biggest bank’s chief compliance officer is resigning after one year on the job even as JPMorgan Chase & Co. continues to deal with regulatory headaches, including legacy mortgages. …read more
Congressional Republicans mull bill to add CFPB oversight
This week the House will consider a bill designed to bring what supporters say will be more accountability and transparency to a government entity that holds private businesses accountable. …read more
Congressial Republicans mull bill to add CFPB oversight
This week the House will consider a bill designed to bring what supporters say will be more accountability and transparency to a government entity that holds private businesses accountable. …read more
CoreLogic earnings dent full-year gains
Despite a strong year for CoreLogic, the fourth-quarter put a significant dent in the company’s side. However, growth in its Data & Analytics and Technology and Processing Solutions more than offset the impact of an estimated 20% decline in mortgage market volumes …read more
CoreLogic earnings out a dent in full-year gains
Despite a strong year for CoreLogic, the fourth-quarter put a significant dent in the company’s side. However, growth in its Data & Analytics and Technology and Processing Solutions more than offset the impact of an estimated 20% decline in mortgage market volumes …read more
RealtyTrac appoints new SVP of marketing
RealtyTrac named marketing and real estate specialist Rob Talbot as senior vice president of marketing, where he will oversee the company’s marketing and public relations departments and implement new marketing strategies. …read more
Ex-tribal leader wears bulletproof vest to court – KTIV
KTIVAssociated Press. The ousted leader of a small American Indian tribe in northeastern California wore a bulletproof vest to her first court appearance Tuesday on charges she shot and killed four people and tried to murder two others at a meeting to …Notorious bully Native American tribal leader shot her 19-year-old niece dead …Daily Mail […]
5 reasons to implement this kind of loan-servicing oversight
We think investors and their fiduciaries require a systematized approach for loan servicer oversight to minimize risk and optimize returns in this novel and growing asset class. …read more
Google Buses Fuel Inequality Debate as Boom Inflates Rents – Businessweek
Google Buses Fuel Inequality Debate as Boom Inflates RentsBusinessweekGoogle Inc. employees board a bus that will take them to the Google campus in Mountain View, in San Francisco, California, on Feb. 14, 2014. … Unemployment in the city has dropped to less than 5 percent, compared with 6.6 percent nationally, yet the … and more […]
Freddie pushes Mom-and-Pop shops as REO sales slow
Freddie Mac, with some 12,000 units in its inventory, is trying to jumpstart sales by appealing to individual homebuyers — the mom-and-pop shops. …read more
Despite winter storms, 29 markets hit peak
The holiday season and early winter storms did little to affect top markets, as the number of top 100 markets to reach or surpass their peak prices at the height of the boom in 2007 increased to 29 markets. …read more
JPMorgan plans 8,000 layoffs
JPMorgan Chase plans to reduce its mortgage banking headcount by 6,000 in 2014. However, this is still less than the huge layoffs witnessed in 2013. …read more
Home price momentum fades in the stretch
Home price momentum is fading and all the positive spin isn’t going to change that anytime soon. The hidden good news may be it slows the housing affordability gap. …read more
SunTrust could face substantial mortgage penalties
SunTrust Banks is not out of the ringer yet for legal scrutiny, revealing that it is currently under investigation for mortgage violations and could face substantial penalties. …read more
Toll Brothers earnings surge on higher home prices
Luxury homebuilder Toll Brothers’ first quarter net earnings ended Jan. 31 increased to $45.6 million, or 25 cents per share, driven primarily by higher prices and volume. …read more
Realogy Holdings closes 2013 with strong earnings
Realogy Holdings witnessed a strong year in 2013 as it recorded net revenue for full year 2013 of $5.3 billion, a 13% increase compared to 2012. And that was the not the only area that posted growth. …read more
Now accepting applications: A new word for subprime
Lenders are becoming more creative with their word choices for the word “subprime,” but this is not necessarily a bad thing. In fact, it is still sound lending. …read more
Notorious bully Native American tribal leader shot her 19-year-old niece dead … – Daily Mail
Notorious bully Native American tribal leader shot her 19-year-old niece dead …Daily MailStockton was not at Thursday’s hearing when the shooting broke out. He does not have a listed phone number. Duran said the meeting in Alturas, California, was being held to consider Rhoades’ appeal of her eviction. But at some point, Rhoades opened … […]
Google Buses Fuel Inequality Debate as Boom Inflates Rents: Tech – Bloomberg
Google Buses Fuel Inequality Debate as Boom Inflates Rents: TechBloombergUnemployment in the city has dropped to less than 5 percent, compared with 6.6 percent nationally, yet the average monthly cost of a two-bedroom apartment jumped 12 percent in January from a year earlier to $3,350, according to real estate site Trulia … and more …read […]
Redwood Trust: Securitization game changer
The decision to move away from bid-in-competition activities to favor fee-based transactions is a monumental shift in the way Redwood does business. But does anyone appreciate it? Certainly the shareholders do. …read more
Tribe’s lawyer: Eviction related to missing funds – KTTC Rochester, Austin … – KTTC
Tribe’s lawyer: Eviction related to missing funds – KTTC Rochester, Austin …KTTCA woman accused of killing four people, including three of her relatives, at a tiny American Indian tribe’s Northern California headquarters had been evicted from tribal housing because she was suspected of stealing from the tribe, the tribe’s lawyer … and more …read more
Tribe’s lawyer: Eviction related to missing funds – KTIV News 4 Sioux City IA … – KTIV
Tribe’s lawyer: Eviction related to missing funds – KTIV News 4 Sioux City IA …KTIVA woman accused of killing four people, including three of her relatives, at a tiny American Indian tribe’s Northern California headquarters had been evicted from tribal housing because she was suspected of stealing from the tribe, the tribe’s lawyer … and […]
Tribe’s lawyer: Eviction related to missing funds – KLTV.com-Tyler, Longview … – KLTV
Tribe’s lawyer: Eviction related to missing funds – KLTV.com-Tyler, Longview …KLTVA woman accused of killing four people, including three of her relatives, at a tiny American Indian tribe’s Northern California headquarters had been evicted from tribal housing because she was suspected of stealing from the tribe, the tribe’s lawyer … and more …read more
Fresno County wants to build new animal shelter – Fresno Bee
Fresno BeeBoNhia Lee’s Real Estate Blog will return. Click to … Cathleen Galgiani, D-Stockton, are the latest to. … Fresno County took over animal control services in October 2012 after a dispute with the Central California Society for Prevention of Cruelty … and more …read more