Current News and Opinion

Nearly One-Third of Americans Live in Counties Where One in Five Homeowners is Underwater: Heat Map By Daren Blomquist, RealtyTrac Vice President May 19, 2014 A high percentage of homes with negative equity, or underwater, is a lingering legacy from the recent housing and foreclosure crisis, hobbling the housing recovery. Colorado Housing on a High By RealtyTrac Staff May 19, 2014 Median home prices in the greater Denver metro area have increased on an annual basis for 24 consecutive months as of February, up 31 percent from the bottom in February 2009, according to RealtyTrac data. Are Electronic Mortgage Closings Better? By Peter Miller, Contributor May 12, 2014 Real estate settlements will increasingly include more electrons and less paper if the government has its way. We’re plainly moving toward paperless closings but before celebrating it might be wise to look at the potential costs. FHFA Executive Charged with Threatening to Kill DeMarco By Octavio Nuiry, Senior Staff Writer May 8, 2014 The chief operating officer of the Federal Housing Finance Agency (FHFA) is facing felony charges after he allegedly threatened to kill the agency’s former acting director, according to Washington D.C. court records. In Defense of the American Dream By Octavio Nuiry, Senior Staff Writer May 8, 2014 Suddenly, the American Dream of homeownership is under assault. Some are claiming that homeownership is a poor investment. Others argue that mortgages are a bad idea. How To Measure Wall Street Reform By Peter Miller, Contributor May 7, 2014 Is Wall Street reform impacting the mortgage system? Detroit Launches Online Auction Site By Octavio Nuiry, Senior Staff Writer May 2, 2014 In a battle to fight blight, the city of Detroit has launched a city-owned website to auction off vacant homes that were seized by tax foreclosures. Mortgage Whistleblower Sues Banks Again By Octavio Nuiry, Senior Staff Writer May 1, 2014 When Lynn E. Szymoniak appeared on 60 Minutes in 2011, she was on the verge of losing her home to a “robo-signing” fraud scam perpetuated by some of the nation’s largest banks. GSE Reform Dead Until 2015 By Octavio Nuiry, Senior Staff Writer April 30, 2014 Overhauling the nation’s mortgage finance system got kicked down the road this week as the Senate Banking Committee tabled the so-called Crapo-Johnson bill to reform Fannie Mae and Freddie Mac. The Real Reason New Home Sales Are Down By Peter Miller, Contributor April 29, 2014 The real estate industry has been trying to explain lagging new home sales in the best way it can, but are such interpretations correct? If you’re a real estate investor or home buyer there’s an alternative you may want to consider. Print Email

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