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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. Five Reasons The Housing Market Is Failing By Peter Miller, Contributor May 27, 2014 By now the housing market was supposed to be booming. Combine a growing population, low mortgage rates, years of pent-up demand, fewer foreclosures, lower unemployment plus a generally-better economy and the stage should be set for a very nice real e San Antonio Mayor Julian Castro Picked to Lead HUD By Octavio Nuiry, Senior Staff Writer May 22, 2014 In a move that could position the Democratic Party favorably for the 2016 presidential election, President Barack Obama is expected to nominate San Antonio Mayor Julian Castro as secretary of Housing and Urban Development. FHFA Signals Shift in Federal Housing Policy By By Octavio Nuiry, Senior Staff Writer May 22, 2014 Delivering his first speech on May 13 since becoming director of the Federal Housing Finance Agency (FHFA) in January, Mel Watt outlined a broad shift in housing policy. Why Lenders Want A New Mortgage Deal By Peter Miller, Contributor May 21, 2014 Nobody likes mortgage rates. No matter what the cost of real estate financing is today there’s always a preference for less. Much less. 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. Print Email

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