Current News and Opinion

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. The Boyko Question: ‘Show Me the Note?’ Muddles Financial Waters By Peter Miller, Contributor April 28, 2014 Five years ago a conservative federal judge in a conservative state stopped 14 foreclosure actions with a very simple demand for lenders: Show me the note? 47 Least Affordable U.S. Housing Markets By Daren Blomquist, RealtyTrac Vice President April 23, 2014 RealtyTrac recently analyzed the affordability of renting and buying in 1,586 U.S. counties and found a surprising number of Americans living in markets that are unaffordable by traditional standards. Print Email

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