By swheeler@housingwire.com Our look at this weekend’s news covers everything from alternative credit scoring to the real blockbuster movie you need to see over the holidays. Read on. …read more
From:: Real Estate Wire
TRID will not threaten California’s housing recovery
A quick glance at the latest housing data for California doesn’t look too positive. But after digging into the numbers, it appears TRID may have something to do with this. The impact, though, isn’t predicted to be severe. …read more
From:: Real Estate Wire
Portland Mayoral candidate proposes ‘Robin Hood’ program to fix housing crisis
A candidate for mayor in the city of Portland is building his campaign around a promise that he can fix the city’s affordable housing crisis – by taxing the city’s millionaires and using the money to build more affordable housing. …read more
From:: Real Estate Wire
BOK Financial hires Zachry Parrott to lead correspondent operations
BOK Financial Correspondent Mortgage Services hired Zachry Parrott as its correspondent operations leader, bringing 28 years of experience that span all facets of mortgage operations, risk management, business strategy, sales and process improvement. …read more
From:: Real Estate Wire
PulteGroup buying $450 million portfolio of houses, land from Weiland Homes
PulteGroup, Inc. announced earlier this week that it plans to purchase a massive portfolio of land and houses from John Wieland Homes and Neighborhoods for between $430 million and $450 million. …read more
From:: Real Estate Wire
This actress trumps all other celebrity home listings in NYC
Curbed looked back at the biggest celebrity real estate moves of 2015 in New York City and found that one actress stood out above the rest, listing her home in the Big Apple for $75 million. …read more
From:: Real Estate Wire
Short sale tax break on verge of being extended until 2017
Homeowners who had short sales in 2015 are about to get big break on their taxes, thanks for a massive federal spending bill that’s about to be signed into law by President Obama. …read more
From:: Real Estate Wire
Inventory shortages will continue to dent housing well into 2016
While this past year struggled to keep a high level of inventory on the market, it’s looking like next year won’t be any better. And despite demand slowly recovering, low inventory levels have weighed on home sales and put upwards pressure on house prices. So just how tight will next year be? …read more
From:: Real Estate Wire
BofA, Chase, Citi, Ditech, SunTrust, Wells Fargo pass servicing compliance tests
Nearly all of the mortgage servicers that are subject to the terms of the National Mortgage Settlement achieved complete compliance with the NMS’s servicing rules in the first half of 2015, according to a new report from Joseph Smith, the Monitor of the National Mortgage Settlement. …read more
From:: Real Estate Wire
These are the top and bottom 10 housing markets right now
As the year comes to a close, Pro Teck Valuation Services’ latest home value forecast of the top 10 best and 10 worst performing metros ended the year on the same note, fluctuating little over the year. However, this could start to change next year. …read more
From:: Real Estate Wire