Housing & Mortgage Markets – Week of 01.17.16
Where has All the Money Gone?
Livinglies | 19 January 2016
To prove a relationship to the loan that does not…
Right-Sizing HUD
Wyoming Daily Independent | 18 January 2016
Under Cuomo’s watch, $59…
Where has All the Money Gone?
Livinglies | 19 January 2016
To prove a relationship to the loan that does not…
Right-Sizing HUD
Wyoming Daily Independent | 18 January 2016
Under Cuomo’s watch, $59…
Goldman Sachs Settlement on Mortgage-backed Bonds to Hit Earnings
Yahoo Finance | 14 January 2016
Lower end of…
7.5 Million Homeowners Still Under Water
Undernews | 17 November 2015
Local communities and…
Freddie Mac Launches “Three Percent Down” Mortgages To Lure Millennials
Zero Hedge | 19 October 2015
Not only did this not…
Foreign Homebuying Drops in California as China Slowdown Seen
Bloomberg | 08 October 2015
It’s harder for Chinese to get…
Goldman Sachs agrees $270m settlement with mortgage bond investors
Intern…
D.C. Housing Authority Flipping Houses For Good?
DCist | 28 September 2015
Proceeds from the newly sold homes will…
Abandoned Homes a Growing Menace
Japan Times | 07 January 2014
Loophole ensures…
A Family in Public Housing Makes $498,000 a Year
Washington Post | 17 August 2015
Paid $300 for…
Where Will Working Poor Live in Future New Orleans, If Gentrification Continues?
The Times Picayune | 30 July 2015
Meant to help them rebuild affordable…
Attention America’s Suburbs: You Have Just …
These Are the Top 20 Cities Americans Are Ditching
Bloomberg | 22 July 2015
Metropolitan areas that lost the greatest share of…
China Wants Our Homes, Buyers Invade California Real Estate Market
Li…
Housing Forecast: What To Expect In The Second Half of 2015
Quartz | 22 June 2015
Buying into the American Dream is fairly…
The Tell, Shiller: We Need a Rate Hike Soon to Pop ‘New-normal’ Bubbles
Market Watch | 01 June 2015
Problem with central banks like the Fed is…
Sales of New U.S. Homes Climbed More Than Forecast in April
Bloomberg | 26 May 2015
Improving housing market, but…
Housing By The Numbers: Something Is Weird
CNBC | 15 May 2015
Recorded the highest volume of nonowner…
Issuing Slews of Mortgages-Without Being a Bank
Yahoo Finance | 01 April 2015
Leaders in nonbank growth…
Lost Foreclosure Paperwork? Too Bad
Market-Ticker| 30 March 2015
Government’s refusal to go …
It’s a Beautiful Day in the Agrihood
Bloomberg 26 February 2015
A farm is about 20 percent of…
Too Many Houses, Not Enough Jobs
Dollar Collapse | 23 February 2015
Likely is the US joining the race…
Existing Home Sales Plunge (and Don’t Blame The Weather)
ZeroHedge | 23 February 2015
Recovery…
4 Million Homeowners Still Underwater, Total Negative Equity $157 Billion
Global Economic Analysis | 04 December 2014
Delinquency rates are…
BofA Mortgage Ruling Helps Seal $16.7 Billion Accord
Blo…
Lowest Underwater Level Reached in Two Years
GlobeSt | 23 October 2014
A total of 15%, or 8.1 million, of US residential properties with a mortgage is seriously…
IMF Finds Flaw in Bond Industry as …
S&P Probed by New York Attorney General Over Mortgage Bonds
Bloomberg | 03 October 2014
New York Attorney General Eric Schneiderman is investigating Standard & Poor’s…
Humbling Proof in High Probablilities
Joshua Pollard | September 2014
is humbling proof in high probabilities. As an economist, statistician and housing expert, I am lamentably confident that home pri…
Real Estate Crowdfunding Firm Seeks Lending Revolution
Bloomberg | 07 September 2014
The head of consumer-product marketing at Google Inc. (GOOG) and a former general counsel for a travel website are …
Fannie Mae Chops Outlooks for Housing in 2014, 2015
Yahoo! Finance | 18 August 2014
Mortgage-finance giant Fannie Mae slashed its outlook on Monday…
Suicide Rate Linked to Foreclosures
YouTube | 21 May 2014
An increase in suicides may be tied to an increase in the number of foreclosures…
Investor Demand High as Fannie Mae Sets Price Range for Risky Mortgage Securities
Yahoo! Finance | 20 May 2014
The latest place where investors are taking on more risk in exchange for apparently meage…
FHFA Official Arrested for Threatening Former Director Ed DeMarco
Reverse Mortgage Daily | 07 May 2014
Richard Hornsby, chief operating officer of the Federal Housing Finance Agency, was charged with …
DoubleLine’s Gundlach Recommends Betting Against Housing
Bloomberg | 05 May 2014
Jeffrey Gundlach, manager of the DoubleLine Total Return Bond Fund…
Senators Delay Action on Fannie Mae Amid Democrats’ Rift
Bloomberg | 29 April 2014
Prospects for a bipartisan housing-finance overhaul dimmed as Democrats on a U.S. Senate panel struggled to reach c…
Chronicling The Fed’s Follies: America’s Housing Fiasco Is On You, Alan Greenspan
Contra Corner | 22 April 2014
So far we have experienced 7 million foreclosures…
The Spectre Haunting San Francisco
The Economist | 16 April 2014
Yesterday the New York Times ran a piece on a brewing rent crisis in America…
Zillow to Give Chinese Homebuyers Access to U.S. Listings
Bloomberg Businessweek | 02 April 2014
Zillow Inc. agreed to make its U.S. property listings available to Chinese consumers through a partners…
Stick A Fork In The “Housing Recovery” (Spoiler Alert: Blame Record Student Debt)
Zero Hedge | 20 March 2014
The chart below from Bank of America – showing the progression of first-time US homebuyers …
Senate Banking Leaders Reach Housing Finance Deal
Politico | 11 March 2014
The leaders of the Senate Banking Committee have reached a bipartisan agreement…
The Retail Real Estate Implosion: The Robotics Cometh!
SafeHaven | 17 February 2014
The US just released US Retail Sales details warn of an alarming problem…
Welcome Relief for Homeowners, Then the Tax Bill
CNBC | 05 February 2014
Come tax time, JPMorgan Chase will be able to write off the $1.5 billion in debt relief it must give homeowners…
After Seven Lean Years, Part 2: US Commercial Real Estate: The Present Position and Future Prospects
Of Two Minds | 20 January 2014
The fundamentals of demographics, stagnant household income and an o…
Underwater Homeowners Could Face Extra Tax Burden in 2014
The Washington Post | 25 December 2013
Struggling homeowners could be hit with an unexpected tax bill in the new year…
Forget Golf Course Views; New Subdivisions Are Being Built Around Farms
Grist | 17 December 2013
Unless you’re a wealthy white man, you probably don’t play golf…
Iceland Sticks It to International Bankers and Writes Off Massive Mortgage
Hang the Bankers | 01 December 2013
Iceland’s government has announced that it will be writing off up to 24,000 euros ($32,…
Insight: A New Wave of U.S. Mortgage Trouble Threatens
The Chicago Tribune | 26 November 2013
U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the h…
Property Taxes Hoped to Curb China’s Real Estate Excesses
The New York Times | 20 November 2013
Housing prices in China’s major cities continue to soar, according to a report released by the Natio…
I Bought an Apartment Just to Rent It Out on Airbnb
Gizmodo | 05 November 2013
In 2012 I bought an apartment specifically to rent out on airbnb…
Mortgage Bond Pioneer Backing Rental Bonds
CNBC | 28 October 2013
The man often referred to as the godfather of the mortgage-backed security said…
JPMorgan to Pay $5.1 Billion to Settle Mortgage Cl…
Bank of America Liable for Countrywide Mortgage Fraud
Yahoo! Finance | 23 October 2013
Bank of America Corp was found liable for fraud on Wednesday over defective mortgages…
U.S. Housing Regulators…
Black Homeownership Dying Where Obama Revitalized
Bloomberg | 03 September 2013
Helene Pearson’s belief in homeownership was shattered in Roseland…
Nearly Half of Homes are Purchased in Cash
Marketwatch | 29 August 2013
More Americans are buying homes in all-cash deals…
Wall Street’s Rental Bet Brings Quandary Housing Poor
Bloomberg | 29 Aug…
Fannie, Freddie Should Recognize Bad Loan Costs Immediately: Watchdog
Yahoo! Finance | 19 August 2013
Fannie Mae (FNMA) and Freddie Mac (FMCC) are possibly masking billions of dollars…
Private Mortgage Insurers Back in Black Post-Crash
Yahoo! Finance | 12 August 2013
Four companies lost a combined $20 billion-and they were the survivors…
Home Prices Climb in 87% of U.S. Cities Amid Recovery
Bloomberg | 08 August 2013
Prices for single-family homes climbed in 87 percent of U.S. cities…
Pimco, BlackRock Seek to Bar California Mortgag…
Audit the National Land Record
Landtegrity
Integrity in our land registry…
Richmond Threatens Eminent Domain To Address Foreclosure Crisis
CBS News | 30 July 2013
Richmond city leaders were moving …
HUD’s New ‘Fair Housing’ Rule Establishes Diversity Data for Every Neighborhood in U.S.
CNS News | 22 July 2013
To ensure that “every American is able to choose to live in a community…
A Shifting o…
How the Mortgage Interest Deduction Could Change
Yahoo! Finance | 09 July 2013
Congressional action on the U.S. tax code could dramatically alter one of its sacred cows…
A Reversal of Mortgage Rate…
House of 3 Tents: Affordable Cabin Home in California
YouTube | 24 June 2013
When Glen and Gerry bought property in Northern California…
Realtors: Rising Home Prices Are ‘Unsustainable’
NBC News | 20 June 2013
It’s been an impressive stretch for housing sales…
Mortgage Rates Near 4% Barrier
Yahoo! Finance | 13 June 2013
Mortgage rates moved to within a hair of the 4% barrier this week…
How Home Ownership Causes Unemployment
CNBC | 07 June 2013
Before the…
Hedge Fund Panic on Rental Homes
Tradewind Vegas | 05 June 2013
We don’t usually post twice a week but there is a big splash in the pond…
Behind the Rise in House Prices, Wall Street Buyers
Dealb…
Carrington Stops Buying U.S. Rentals as Blackstone Adding
Bloomberg | 29 May 2013
Hedge fund manager Bruce Rose was among the first investors to coax institutional money into the mom and pop business….
Jumbo Loans, All Cash Investors, and Slow Population Growth: The Gentrification of Southern California.
Dr. Housing Bubble | 15 May 2013
Only in Southern California will you have someone moan about ma…
Florida HB 87, Homeowners, and the Foreclosure Inferno
The Agonist | 10 May 2013
A bill passed last week by the Florida legislature offers efficiencies…
2 Big Banks Face Suits in Mortgage Pact Abus…
Case-Shiller: Home Prices in 20 Cities Rise at Fastest Rate Since 2006
The Christian Science Monitor | 30 April 2013
The good news for the housing market just keeps on coming…
Robert Shiller: Home …
Did Underwater Mortgages Kill the Economy?
The Washington Post | 18 April 2013
The housing market, finally, is recovering…
FHFA Launches Pilot REO Property Sales
HousingWire | 27 February 2012
The Federal Housing Finance Agency announced Monday the first pilot transaction under the Real Estate-Owned Initiative…
Micro-Apartments in the Big City: A Trend Builds
Bloomberg | 14 March 2013
Imagine waking in a 15-by-15-foot apartment that still manages to have everything you need…
E-Mails Imply JPMorgan Knew Some Mortgage Deals Were Bad
Deal Book l 6 February 2013
When an outside analysis uncovered serious flaws with…
Critics of $8.5 Billion Pact Challenge BofA Mortgage Modi…
Housing Segregation: The Great Migration and Beyond
Pro Publica | 20 December 2012
Between 1910 and 1960, the Great Migration saw 6 million African Americans move from…
Assistant Attorney General…
How to Beat the Hedge Funds Buying Properties in Your Real Estate Market
Bigger Pockets | 22 October 2012
I never liked bullies. Since I was never the biggest kid in school…
Blackstone Sees Two-Year Window to Buy Houses: Mortgages
Bloomberg | 14 November 2012
Investors buying foreclosed U.S. homes might have less than two years to accumulate properties as competition and…
Berkshire Replaces Raba as Buffet Sees Housing Rebound
Bloomberg | 13 November 2012
Berkshire Hathaway Inc. (BRK/A) replaced the head of a building-products unit with $2.5 billion in annual sales as …
IPOs Are the Latest Sign of Real Estate’s Rebirth
Bloomberg | 28 September 2012
For several months, we’ve been reporting—cross your fingers—that the housing market may finally be on the upswing…
Fault Lines : For sale: The American dream
YouTube | 4 September 2012
Fixing the Mortgage Mess: The Game-changing Implications of Bain v. MERS
Before It’s News 22 August 2012
Two landmark developments on August 16th give momentum to the growing interest of cities and co…
Millionaire Snatches Up An Entire County’s Worth Of Foreclosed Homes For $4.8 Million
Business Insider 7 Aug 2012
Homeowner Bill Of Rights For ‘Flawed System’
NPR 12 July 2012
Guest Host Maria Hinojosa talks with Kamala Harris, California’s Attorney General about the state’s newly passed “Homeowner Bill of Rights…
Plan To Raze Detroit Empty Homes In Final Stages
CNBC News 17 July 2012
As the next step in an April deal between financially strapped Detroit and the state of Michigan, Governor Rick Snyder. . . .
C…
U.S. Mortgage Rates Decline, With 30-Year at a Record-Low 3.56%
Bloomberg (12 July 12)
Big Apple Bites Into Tiny Apartments
crain’s new york (9 July 12)
Carroll County NH High Sheriff Chris Conley …
San Bernardino County: Controversial Mortgage Fix Considered
The Press-Enterprise (18 June 12)
The Mortgage Fraud Fraud
The New York Times (1 June 12)
Keith Jurow: Prepare For The Coming Housing Collapse
Business Insider (30 May 12)
Fannie and Freddie: “Where the Money Went.”
Mortgage News Daily (24 May 12)
Most Underwater Homeowners Still Paying Mortgages
Yahoo Finance (24 May 12)
Restoring Trust in Mortgage-Backed Securities
Reason Foundation (3 May 12)
The ‘Doomsday Shelter’ Being Built Below Kansas Prairie Where Millionaires will be able to sit out the Apocalypse in Style
MailOnline (10 April 12)
C++ Programming Pioneer Hacks Off-grid, DIY, Smart Home
Americans Brace For Next Foreclosure Wave
Reuters (4 April 12)
Investors Are Looking to Buy Homes by the Thousands
The New York Times (2 April 12)
Pimco’s Gross Says Fed to Shift Operation Twist t…
The U.S. Prison-Cell Economy (IYR, XHB, XLF, ITB, LEN, KBH, DHI, TOL)
ETF Daily News (26 March 12)
The Mortgage-to-Lease Alternative to Foreclosure
CounterPunch (26 March 12)
Foreclosures Expected t…
High Court Throws Out Human Gene Patents
Yahoo News (26 March 12)
Economic Hitmen
Mortgage Settlement? Not So Fast!
Zero Hedge (20 March 12)
Overvaluing Residential Properties and the Growing Glut of REO
ritholtz.com (16 March 12)
HUD’s Foreclosure Report
The Washington Post (15 March 12)
Foreclosures Pick Up In Many States
NPR (15 March 12)
Whistleblower Says BofA Defrauded HAMP
Reuters (7 March 12)
Vancouver B.C. vs. Donegal Ireland Real Estate: What Will $890,000 Buy?
MISH’S (3 March 12)
Joe Gebbia: The Airbnb Story
Home Smart Home
RT (24 Feb 12)
Mortgage Settlement – Five Big Banks Finally Reached a Deal With Government Authorities
Financial Perspectives (20 Feb 12)
HUD’s Donovan Tells Remarkable Whoppers …