Current News and Opinion

Mel Watt Confirmed as Fannie Mae, Freddie Mac Regulator By Octavio Nuiry, Senior Staff Writer December 12, 2013 The Senate voted 57-41 on Dec. 10, to confirm Rep. Mel Watt, D-N.C., to head the federal agency overseeing Fannie Mae and Freddie Mac, ending a year-long battle by the White House to install a new regulator. Are 2014 Mortgage Standards Too Tough? By Peter Miller, Contributor December 3, 2013 New and tougher mortgage standards will be here in just a few weeks, financial norms that are causing the home loan industry to shudder and quake. High-End Foreclosures Up 61 Percent Year-to-Date in 2013 By Daren Blomquist, RealtyTrac Vice President December 3, 2013 Overall U.S. foreclosure activity is down 23 percent year-to-date through October 2013, but foreclosure activity on homes in the $5 million-plus value range is up 61 percent during the same time period. Homebuyers’ Holiday List: Miracle or Wishful Thinking By Joel Cone, Senior Staff Writer December 2, 2013 Dear Santa: I want a house for Christmas. I want it in a neighborhood that’s not far from where I’m living now. I want it close to my work. ….AND (whew!)…it has to be move-in ready. The Coming Mortgage Meltdown By Octavio Nuiry, Senior Staff Writer November 27, 2013 If you think the HAMP and HARP were disasters, wait till you hear about the next mortgage mess barreling our way. Top 25 Hipster Zips for Returns on Rental Properties By Daren Blomquist, RealtyTrac Vice President November 21, 2013 While the precise definition of hipsters is elusive there’s no doubt the culture surrounding the hipster lifestyle has a major impact on local real estate markets, and mostly in a positive way. Is The Real Estate Recovery Real? By Peter Miller, Contributor November 20, 2013 Housing during the past year has been hot. The National Association of Realtors reports that July existing home prices were 13.7 percent higher than a year ago. Holyfield Mega Mansion Fails to Sell at Auction By Octavio Nuiry, Senior Staff Writer November 20, 2013 Last week, former heavyweight boxing champ Evander Holyfield’s Georgia mega mansion hit the auction block. Seven bidders from around the nation fought online to try and land a housing TKO. Has The Fed Opened A Black Hole of Debt? By Peter Miller, Contributor November 19, 2013 For the past year the American housing market has been looking better. Home prices have increased with new demand while the inventory of foreclosed homes and short sales has declined. The Quarterback of QE Spills the Beans on Fed’s Bond- Buying Boondoggle By Octavio Nuiry, Snior Staff Writer November 18, 2013 “I’m sorry, America,” writes former Federal Reserve official Andrew Huszar, the quarterback of the largest bond-buying spree in American history, who claims U.S. taxpayers are on the hook for more than $4 trillion in government bond-buying debt. Print Email

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