Quicken Loans’ lawsuit against DOJ, HUD tossed out by federal judge

Quicken Loans shocked the mortgage industry when it took a stand against the government and sued the U.S. Department of Justice and the Department of Housing and Urban Development back in April 2015. In its allegations, the lender said it was being forced to make public admissions that were blatantly false. A judge, however, didn’t come to that same conclusion and tossed out the suit. Click the headline to read more. …read more

From:: Real Estate Wire

Monday Morning Cup of Coffee: Welcome to 2016

Well, since you’re reading this, it appears that we all survived another New Year’s Eve. And whether you spent it crammed into Times Square like a sardine, hanging from the rafters at a secret underground rave, or sitting at home on your couch and consequently falling asleep before the ball dropped, it’s now time to get geared up for 2016. So here’s a look back at how 2015 ended and what 2016 will hold, all in your Monday Morning Cup of Coffee. …read more

From:: Real Estate Wire

Wall Street Journal op-ed ethers ‘toxic twins’ Fannie Mae, Freddie Mac

For the second time in the last ten days, the editorial section of a major national newspaper has taken on the future of Fannie Mae and Freddie Mac. The Washington Post recently weighed in on the recapitalization and release of Fannie and Freddie, calling it a “recipe for housing disaster.” But that’s nothing compared to the editorial that showed up in the Wall Street Journal. …read more

From:: Real Estate Wire