How bad is Silicon Valley’s housing crunch? More than 6000 people applied for 95...
The nation’s housing policy for the poor can feel like a giant lottery. Sometimes it actually is a lottery.
Source: https://www.cnbc.com/id/10000115/device/rss/rss.html
MORTGAGE
CFPB to dramatically reorganize operational structure
Consumer Financial Protection Bureau Acting Director Mick Mulvaney announced in an email to staff that he plans to reorganize the bureau’s operational structure. And...
HUD signals changes could be coming to disparate impact rule
Changes could be on the way for the Department of Housing and Urban Development’s disparate impact rule. The rule, which was enacted by HUD...
Wells Fargo ordered to pay its loan brokers $97 million for violating labor laws
A federal California judge ordered Wells Fargo to pay its California home mortgage consultants and private mortgage bankers a total of $97 million for...
FHFA releases plan to increase access to credit for limited English proficiency borrowers
The Federal Housing Finance Agency released its Language Access Multi-Year Plan, which outlines major obstacles for limited English proficiency borrowers and lays out potential...
LendingTree expands credit repair business, plans to acquire Ovation Credit Services
LendingTree entered into a definitive agreement to acquire Ovation Credit Services, an online credit repair company, for $20.75 million. Ovation’s claim to fame is...
INVESTMENT
Blackstone buys Gramercy Property Trust for $7.6 billion
In a move that demonstrates its steady move toward real estate investment, asset management giant Blackstone Group announced on Monday it purchased Gramercy Property...
Report: Hispanic household wealth continues to climb
Financial investments are accelerating among the U.S. Hispanic population, but today's current political climate is causing hesitation about long-term financial commitments, according to the...
RBS reaches $4.9 billion settlement with DOJ over pre-crisis mortgage bonds
For the second time this year and at least the seventh time in recent memory, the Royal Bank of Scotland is about to cut...
In the pipeline: Navigating this multifamily sellers’ market
The multifamily market is in on hold as far new starts go with the exception of an odd permitting blip registered over the course...
Monday Morning Cup of Coffee: Federal Reserve Board to vote on lifting Wells Fargo’s...
Following pressure from Sen. Elizabeth Warren, Federal Reserve Chair Jerome Powell has indicated that the Fed's Board of Governors will hold a vote to decide...
HOME OWNER
Banks offer Hawaii volcano victims relief on mortgage payments, quick loans
Several banks are offering victims of the volcanic eruption in Hawaii grace periods on their mortgage payments and emergency loans, Bankrate reports.
Source: https://www.cnbc.com/id/10000115/device/rss/rss.html
How bad is Silicon Valley’s housing crunch? More than 6000 people applied for 95...
The nation’s housing policy for the poor can feel like a giant lottery. Sometimes it actually is a lottery.
Source: https://www.cnbc.com/id/10000115/device/rss/rss.html
Peace talks ignite land buying frenzy along South Korea’s fortified border
With North Korea pledging to reduce tensions and renew ties with its southern neighbor, demand for property around the Demilitarized Zone (DMZ) is surging.
Source:...
Understanding the aims of Chinese who buy real estate overseas
Carrie Law of Juwai.com says a lot of the company's users are interested in buying property overseas for the purposes of investment, education, emigration...
Homebuilders poised for gains but face interest rate fears
Some investors expect shares of homebuilders to outperform U.S. stocks despite an expected rise in interest rates.
Source: https://www.cnbc.com/id/10000115/device/rss/rss.html
RESEARCH
Inventory at Historic Lows, Majority of Homes for Sale are at the High End
There are almost 9 percent fewer homes on the market than a year ago, and the majority of them are ones first-time buyers can't...
Entry-Level Homes with ‘Farmhouse Sinks,’ ‘Wainscoting,’ or ‘Exposed Beams’ Sell for Nearly 30 Percent...
Chip and Joanna Gaines' farmhouse-inspired design trends command highest sale premiums among entry-level homes, according to an analysis from RealEstate.com
Source: http://zillow.mediaroom.com/press-releases?pagetemplate=rss&category=816
Los Angeles and Atlanta are Home to the Nation’s Most Popular Neighborhoods
The Oaks neighborhood in the Los Angeles metro is the most popular, with the typical for-sale home getting almost 13,000 page views so far...
Recent Grads Are Living at Home More in Markets with the Biggest Boom and...
Looser lending standards and plentiful inventory made it easier for young graduates to move out of their parents' homes in the mid-2000s than it...
Share of Millennials Living with Mom on the Rise
Just in time for Mother's Day, a Zillow analysis finds 22.5 percent of millennials are living at home with their moms or both parents,...
