Current News and Opinion

Home Equity Resets Looming By Octavio Nuiry, Senior Staff Writer June 13, 2014 Are storm clouds gathering for borrowers who took out home-equity lines of credit, or HELOCs? Tepid Housing: Blame the Weak Labor Market By Octavio Nuiry, Senior Staff Writer June 11, 2014 Despite the fact that the unemployment rate was unchanged at 6.3 percent in May, with 9.8 million Americans unemployed, the lowest it has been since September 2008, a record high 92 million Americans remain out of the labor force. New U.S. Migration Trends: Texas, the Housing ‘Garden of Eden’ By Octavio Nuiry, Senior Staff Writer June 11, 2014 In the 1930s, during the Dust Bowl, when farmers in the Midwest migrated west from Oklahoma, Kansas and Nebraska to California because of severe dust storms, folk singer Woody Guthrie paid tribute to this epic westward migration in a song. Would You Bank With Google Or Amazon? By Peter Miller, Contributor June 10, 2014 We usually think of banks as our leading source of financial services, but what if they faced new competitors. Would you be willing to get a mortgage from Google or Amazon, Apple or Facebook? The New American Migration By Peter Miller, Contributor June 3, 2014 If you’ve been watching the real estate reports for the last few weeks you know that a number of very bright spots have begun to emerge, local housing markets which are just booming. 14 Best Counties for Profitable Home Flipping in 2014 By Daren Blomquist, RealtyTrac Vice President June 3, 2014 RealtyTrac has created an interactive county-level heat map showing returns on home flipping in 1,050 counties nationwide, and selected the 14 best counties for flipping homes in 2014. A Year Later, Fraud, Scammers Continue to Wreak Havoc on Oklahoma Residents Already Devastated by Moore Tornado By Sheldon Detrick May 29, 2014 One year ago on May 20, 2013, a monster tornado struck our hometown of Oklahoma City, killing a total of 25 people, seven of them children, and injuring approximately 377 others, causing over $2 billion in property damage. One Year Later, Moore, Okla., Heals and Rebuilds By Russell Benson May 29, 2014 A year ago, one of the strongest tornadoes on record tore through Moore, Okla., killing 24 people, leveling thousands of homes and causing over $2 billion in damage. GSE Overhaul Bill Clears Senate Committee By Octavio Nuiry, Senior Staff Writer May 29, 2014 The Senate Banking Committee approved a bipartisan measure to overhaul Fannie Mae and Freddie Mac on May 15, setting the stage for a possible floor vote. Wells Fargo Foreclosure Manual on Trial By Octavio Nuiry, Senior Staff Writer May 28, 2014 Well Fargo, the nation’s largest mortgage servicer, is in legal hot water. Print Email

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