Current News and Opinion

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. 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. Print Email

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