2017 HW Tech100 Winner: LodeStar Software Solutions

With LodeStar’s fee quoting solution, companies can accurately quote fees for the loan estimate form for any property in the country, across any provider that they work with. http://www.housingwire.com/articles/39431-hw-tech100-winner-lodestar-software-solutions ❤️ #share #mortgage

2017 HW Tech100 Winner: LoanLogics

The LoanHD Loan Quality Management platform provides real-time, highly automated #mortgage quality control, reducing costs and potentially doubling productivity when compared to manual internal audits or other third party audit services. http://www.housingwire.com/articles/39429-hw-tech100-winner-loanlogics ❤️ #share #mortgage

2017 HW Tech100 Winner: Street Resource Group

The Warehouse Loan System completely automates the entire #mortgage warehousing process and improves efficiency and profits for both warehouse #lenders and independent #mortgage bankers. http://www.housingwire.com/articles/39432-hw-tech100-winner-street-resource-group ❤️ #share #mortgage

2017 HW Tech100 Winner: Maxwell

Maxwell is a Silicon Valley-based point-of-sale and workflow automation tool built for loan officers and their borrowers. The system empowers loan officers by intelligently automating their collaboration with borrowers and their real estate agents. http://www.housingwire.com/articles/39434-hw-tech100-winner-maxwell ❤️ #share #mortgage

2017 HW Tech100 Winner: Mercury Network

The company’s integrations with other third-party technology providers have expanded and its entire network has grown to connect to more than 23,000 appraisal vendors and more than 265 appraisal management company vendors. http://www.housingwire.com/articles/39436-hw-tech100-winner-mercury-network ❤️ #share #mortgage

2017 HW Tech100 Winner: Street Solutions

Street Solutions, Inc.’s loan management system (LMS) is an end-to-end platform for managing loan processes from purchase through exit, with modules for traders, credit risk managers, surveillance, operations, accounting, and more. http://www.housingwire.com/articles/39435-hw-tech100-winner-street-solutions ❤️ #share #mortgage

2017 HW Tech100 Winner: Lending QB

The platform’s service-oriented architecture (SOA) gives #lenders the flexibility to connect to external services that are accessed inside the platform and provides #lenders the control they need to best address their specific needs. http://www.housingwire.com/articles/39428-hw-tech100-winner-lending-qb ❤️ #share #mortgage

2017 HW Tech100 Winner: Sperlonga Data

Sperlonga Data allows servicers and investors to deliver reliable, easily retrievable, and standardized data on existing accounts - and now brings that technology to the HOA industry. http://www.housingwire.com/articles/39427-hw-tech100-winner-sperlonga-data ❤️ #share #mortgage

2017 HW Tech100 Winner: Land Gorilla

The Construction Loan Manager by Land Gorilla is a cloud-based construction loan software empowering #lenders to manage their construction loan pipeline up to three times more efficiently. http://www.housingwire.com/articles/39421-hw-tech100-winner-land-gorilla ❤️ #share #mortgage

2017 HW Tech100 Winner: Scrypt

XDOC is designed for high performance, scalability, and full function integration with third-party applications and can shave days off of underwriting. http://www.housingwire.com/articles/39420-hw-tech100-winner-scrypt ❤️ #share #mortgage

Specialized Loan Servicing expands into prime #mortgage subservicing

Specialized Loan Servicing, a third-party #mortgage servicer that is owned by Australia’s Computershare, announced this week that it plans to expand its offerings to include subservicing for prime and non-performing loans. http://www.housingwire.com/articles/39424-specialized-loan-servicing-expands-into-prime-mortgage-subservicing ❤️ #share #mortgage

March interest rate hike? Odds are now up to 50%

Expectations for a rate hike in March are up significantly from last week as traders place an over-50% chance on an increase of interest rates in March. And one expert explains this increase in expectations could turn into a self-fulfilling prophecy. http://www.housingwire.com/articles/39417-march-interest-rate-hike-odds-are-now-up-to-50 ❤️ #share #mortgage

10 best and worst markets for first-time #homebuyers right now

As the industry gears up for the spring homebuying season, first-time #homebuyers are once again stuck trying to gauge exactly how affordable their market is, along with if it’s even one they are able to jump into. This new report from Bankrate shows what markets are ideal for first-time #homebuyers. Does yours rank at the top of the list? http://www.housingwire.com/articles/39414-best-and-worst-markets-for-first-time-homebuyers-right-now ❤️ #share #mortgage

RealPage continues expansion with $300 million acquisition of Lease Rent Options

Earlier this year, RealPage, a provider of software and data analytics to the real estate industry, announced plans to expand its apartment data offerings with the $75 million acquisition of Axiometrics. Well, it turns out that RealPage isn’t done expanding yet. The company announced Monday that it reached an agreement to acquire Lease Rent Options and related assets from The Rainmaker Group for $300 million in cash. http://www.housingwire.com/articles/39395-realpage-continues-expansion-with-300-million-acquisition-of-lease-rent-options ❤️ #share #mortgage

Consumer Confidence hits 15-year high in February

Consumer confidence took off in February, reaching its highest point in 15 years, according to The Conference Board. However, now every measure of consumer optimism showed an increase on consumer sentiment in February. http://www.housingwire.com/articles/39393-consumer-confidence-hits-15-year-high-in-february ❤️ #share #mortgage

Massive single-family rental merger: Tricon Capital to acquire Silver Bay Realty Trust for $1.4 billion

In a deal that will shake up the single-family rental industry, Tricon Capital Group announced this week that it plans to acquire Silver Bay Realty Trust in a $1.4 billion deal that will create one of the country’s largest operators of single-family rental homes. http://www.housingwire.com/articles/39386-massive-single-family-rental-merger-tricon-capital-to-acquire-silver-bay-realty-trust-for-14-billion ❤️ #share #mortgage

[Watch] Hensarling: Dodd-Frank reform is a this-year priority

House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is at the forefront of reforming Dodd-Frank, spearheading one of the most prominent options to change the controversial act. His position of authority brings a lot more weight to his recent comments during a CNBC interview where he stated that dealing with Dodd-Frank is a this year priority. http://www.housingwire.com/articles/39385-watch-hensarling-dodd-frank-reform-is-a-this-year-priority ❤️ #share #mortgage

Will you be successful this Spring homebuying season? This is what economists predict

#mortgage interest rates are increasing and could increase even more if inflation rises. Experts explain that while this should mean a deceleration in home prices, that has not been the case. An increase housing inventory remains the only factor that could fulfill home buyer demand and settle rising home prices. http://www.housingwire.com/articles/39377-will-you-be-successful-this-spring-homebuying-season-this-is-what-economists-predict ❤️ #share #mortgage

Wells Fargo commits $60M lending goal toward African American Homeownership

America is projected to become drastically more diverse over the next several decades. By the year 2024, 75% of the expected 14 million new households in the U.S. will be diverse, and Wells Fargo is stepping up to meet that need. The bank announced on Tuesday a $60 billion lending commitment to African American homeownership. http://www.housingwire.com/articles/39363-wells-fargo-commits-60m-lending-goal-toward-african-american-homeownership ❤️ #share #mortgage

Radian: Here's where our federal #mortgage insurance competition is growing

“If we do not appropriately manage the strategic decisions required in this environment, our franchise value, business prospects, results of operations and financial condition could be negatively impacted,” Radian stated. http://www.housingwire.com/articles/39359-radian-heres-where-our-federal-mortgage-insurance-competition-is-growing ❤️ #share #mortgage

Second estimate keeps GDP at 1.9% growth in Q4

The second estimate for the fourth quarter’s GDP remained at 1.9%, but one expert says the real story is the increase in GDP from the first half of 2016. While GDP decreased from the third quarter, this was due to a spike in soybeans the faded in the fourth quarter. http://www.housingwire.com/articles/39358-second-estimate-keeps-gdp-at-19-growth-in-q4 ❤️ #share #mortgage

Case-Shiller: Home prices set 30-month high in December

Home prices rose to their 30-month high in December and at their fastest pace in over 2.5 years, according to the latest Case-Shiller results. The Indices’ chairman explains why rates are rising so rapidly and if the speed of increase is a reason for alarm. http://www.housingwire.com/articles/39356-case-shiller-home-prices-set-30-month-high-in-december ❤️ #share #mortgage

Bank fights for stake in PHH case to battle CFPB authority

Despite motions from other parties being denied, Competitive Enterprise Institute General Counsel Sam Kazman said they are “cautiously optimistic” that their recent motion to intervene will be approved. http://www.housingwire.com/articles/39355-bank-fights-for-stake-in-phh-case-to-address-the-cfpbs-authority ❤️ #share #mortgage

Tommy Hilfiger Lists Colorful, Eye-Candy Estate for $27.5M

Tommy Hilfiger’s estate is exactly what you’d expect from the iconic fashion designer: unexpected, stylish and avant garde. While he didn’t design the home himself, Hilfiger and his wife, Dee, worked with interior designer Martyn Lawerence Bullard to create the whimsical, eclectic feel of their custom abode.

The Hilfigers bought the 14,079-square-foot, 7-bed, 8-bath spread for $17.25 million less than four years ago. They are now asking $27.5 million for the residence.

Photos courtesy of Zachary Balber.

Located in the exclusive Golden Beach neighborhood outside Miami, the home offers unobstructed ocean views and 100 feet of water frontage. The backyard also boasts a oceanfront infinity pool, nestled into the expansive palm-filled backyard.

The indoor views are equally impressive. The entryway welcomes visitors with crisp white walls, white glass tiles and the smooth, curved lines of a contrasting black marble staircase. The monochromatic theme continues in the kitchen with sleek white cabinetry and striped black-and-white floors.

The bedrooms, on the other hand, are colorful and patterned. One is reminiscent of a candy cane, with swirling red and white stripes encircling the walls; another is punctuated with yellow polka dots of varying sizes. The only room with somewhat expected decor is Tommy’s home office, which features the signature colors of the Hilfiger brand.

The listing agents are The Jills of Coldwell Banker.

Related:

• Sleepless in SoHo? Meg Ryan’s Loft Awaits

• It’s a Sell for Warren Buffett in Laguna Beach

• Julia Roberts Takes a Bath on Kauai Estate

from Zillow Porchlight https://www.zillow.com/blog/tommy-hilfiger-estate-for-sale-212726/

Fired HUD aide to Ben Carson softens stance on Trump

After being fired earlier this month for being critical of President Donald Trump during the campaign, Shermichael Singleton, who was one of Ben Carson’s top aides at HUD, went on CNN for an interview as a follow-up to his controversial op-ed. For Singleton, time has helped change his stance on Trump. http://www.housingwire.com/articles/39354-fired-hud-aide-to-ben-carson-softens-stance-on-trump ❤️ #share #mortgage

December becomes first month to feel impact of rising interest rates

Affordability dropped in December as rising interest rates finally took their toll on home buyers. In fact, First American’s Real House Price Index showed the first year-over year decline in consumer house buying power in over two years. http://www.housingwire.com/articles/39349-december-becomes-first-month-to-feel-impact-of-rising-interest-rates ❤️ #share #mortgage

SoFi officially locks in $500 million investment led by Silver Lake

SoFi locked in another massive funding deal, being it’s total equity funding to $1.9 billion. While the deal includes a familiar name, it’s private-equity firm Silver Lake that led the deal. Mike Cagney, SoFi co-founder, chairman, and CEO, touches on where the online #lender plans to go from here. http://www.housingwire.com/articles/39348-sofi-officially-locks-in-500-million-investment-led-by-silver-lake ❤️ #share #mortgage

Ten-X predicts fall in February’s existing home sales

Existing home sales shot up in January, but don’t expect the following months to follow suite. At least, not according to Ten-X’s Nowcast prediction. And from the looks of January’s pending home sales, the report is on the right track. As one expert put it: you can’t buy a home that’s not for sale. http://www.housingwire.com/articles/39346-ten-x-predicts-fall-in-februarys-existing-home-sales ❤️ #share #mortgage

NAFCU to CFPB: Pull credit unions out from under your authority

Credit unions got looped in with the rest of the industry after the financial crisis, falling under the new industry watchdog dubbed the Consumer Financial Protection Bureau to ensure such extreme lending would never happen again. The only problem is that credit unions believe they never contributed to the crisis. http://www.housingwire.com/articles/39344-nafcu-ceo-to-cfpb-pull-credit-unions-out-from-under-your-authority ❤️ #share #mortgage

Warren Buffett gives us all an update on his stake in affordable housing

Every year billionaire investor Warren Buffett releases an annual letter to Berkshire Hathaway shareholders, unraveling the inner workings of his conglomerate’s performance. The 29-page document details the status of Clayton Homes, which specializes in manufactured homes, a key industry in fixing the affordability crisis. http://www.housingwire.com/articles/39335-warren-buffett-gives-us-all-an-update-on-his-stake-in-affordable-housing ❤️ #share #mortgage

Property cash sales to hit pre-crisis levels this Summer

Cash sales decreased annually in November at a pace which, if it continues, could bring to the market into its pre-crisis state much earlier than originally predicted. CoreLogic now forecasts that both cash and distressed sales could reach pre-crisis rates in 2017. http://www.housingwire.com/articles/39334-property-cash-sales-to-hit-pre-crisis-levels-this-summer ❤️ #share #mortgage

5 Questions to Ask Potential Mortgage Lenders

Buying a home is the largest purchase many consumers will ever make, and many will turn to a lender for financing. But finding a lender you click with can be a challenge, especially if you wait until the last minute.

Li-Ning Huang, a research manager on Fannie Mae’s economic and strategic research team, says buyers should start talking to lenders early in the process - before you fall in love with a home - and compare several quotes. “Otherwise, you could end up choosing a lender based on convenience,” she says.

Avoid buyer’s remorse

Twenty-one percent of home buyers reported buyer’s remorse over their lender, according to a recent J.D. Power study.

Among first-time home buyers, that rose to 27 percent. Dissatisfied respondents cited a lack of communication, unmet promises, and feeling pressured to select a specific mortgage product.

“If you’re not getting a call back, or don’t understand what’s going on, look elsewhere,” advises Angie Hicks, founder of Angie’s List. Last year, about 9 percent of the real estate pros received C, D, or F grades from Angie’s List members.

“People happy with their mortgage pros cited quick, friendly, clear responses and fair pricing,” says Hicks. “There are plenty of qualified, trustworthy lenders out there.”

Find the right lender

It’s important to find a lender or broker who communicates well with you, and in a manner you’re comfortable with. This applies whether you’re meeting face-to-face with a lender, or working online and over the phone. Does the lender explain things well? Are they willing to spend the time? Or do they seem rushed and irritated?

To test the waters, Hicks suggests asking these five open-ended questions:

1. Is this the right time for me to buy?
   The lender’s answer will depend on your circumstances - such as your debt-to-income ratio, how much you plan to put down, and other factors. What’s important is that they explain your situation in a way you understand.
2. What personal debts - like credit cards - should I pay down before closing? And how soon do I need to do that to qualify for a good rate?
   Lenders should explain what they’re looking for in your credit history and how you might improve your credit score. According to credit reporting agency Experian, on a scale ranging from 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above is considered excellent. If you aren’t sure what to expect, you can order your free credit report online.
3. Should I pay points to lower my interest rate?
   Your interest rate may be paired with mortgage discount points. One discount point typically amounts to 1 percent of the loan amount. So one point on a $250,000 mortgage would equal $2,500. A lender should explain the options. “The longer you plan on living in your home, the more sense it may make to pay points,” advises the Consumer Financial Protection Bureau.
4. How much will I need to pay at closing? Do I pay by check, wire transfer, or bank check?
   Make sure you really understand how the money will be transferred when the deal closes. There’s been an uptick in scammers swiping the buyer’s closing funds during electronic transfers, according to the Federal Trade Commission.
5. Who will service my loan?
   A servicer is the company that collects your mortgage payments and deals with late or missed payments. Some lenders service their own mortgages or outsource servicing. Others might sell the mortgage. While you have no say on who services your loan, this question gives lenders the opportunity to talk about the scope of their business and commitment to you.

Buying a home is an exciting time - finding a lender shouldn’t ruin the experience for you. Take it slow, ask the right questions, and you’re sure to find a great fit.

For more tips and resources, check out our Mortgage Learning Center.

Related:

• Mortgage Broker vs. Mortgage Lender
• Top 5 Ways to Find a Mortgage Lender
• 4 Ways To Ensure Your Online Lender Is Credible

from Zillow Porchlight https://www.zillow.com/blog/ask-potential-mortgage-lenders-211724/

President Trump: Dodd-Frank keeps banks from lending

Trump is making good on his promises to cut back on regulatory reform, stating that Dodd-Frank hinders banks from lending. However, not everyone agrees with the president, saying the numbers simply don’t support his claim. http://www.housingwire.com/articles/39332-president-trump-dodd-frank-keeps-banks-from-lending ❤️ #share #mortgage

Pending home sales hit lowest level in a year

Pending home sales dropped in January to its lowest level in a year as the lack of housing supply fought against the increasing buyer demand. While demand for homes is at its highest point since the Great Recession, affordability may force buyers into less expensive locations or smaller homes. http://www.housingwire.com/articles/39331-pending-home-sales-hit-lowest-level-in-a-year ❤️ #share #mortgage

Monday Morning Cup of Coffee: Trump targets CFPB funding for greater control

President Donald Trump’s budget proposal reportedly includes a big change for the CFPB. We have the details for you. Plus, will the Fed raise rates in March? Here’s one way to get a clue. Also, did the Oscars get its first HUD joke? Twitter thinks so. And Trump’s election appears to be costing California some much-needed affordable housing. http://www.housingwire.com/blogs/1-rewired/post/39329-monday-morning-cup-of-coffee-trump-targets-cfpb-funding-for-greater-control ❤️ #share #mortgage

First American: #mortgage lending takes riskier turn in 2017

Refinance #mortgages are decreasing as interest rates increase, leaving purchase markets to dominate the market. First American’s chief economist explains this shift is leading towards a higher risk of potential defects, fraud and misrepresentation. http://www.housingwire.com/articles/39326-first-american-mortgage-lending-takes-riskier-turn-in-2017 ❤️ #share #mortgage

Fannie Mae announces new front-end credit risk-sharing deal

Fannie Mae announced Friday that it executed its second front-end credit risk-sharing deal through its Credit Insurance Risk Transfer program. The deal provides insurance coverage on a maximum coverage of approximately $375 million from pools of single-family #mortgages that carry a combined unpaid principal balance of approximately $15 billion. http://www.housingwire.com/articles/39328-fannie-mae-announces-new-front-end-credit-risk-sharing-deal ❤️ #share #mortgage

[Video] MBA CEO: The future of Fannie Mae and Freddie Mac reform

After nearly 10 years under conservatorship, reforming Fannie Mae and Freddie Mac is finally high up on the President’s priority list. However, there is still no official plan around what exactly this reform will look like. The CEO of the largest trade group in the #mortgage finance space gives his take on what the future for reform will likely look like. http://www.housingwire.com/articles/39327-video-mba-ceo-the-future-of-fannie-mae-and-freddie-mac-reform ❤️ #share #mortgage

Trial date set for former LandCastle Title CEO Nat Hardwick

Exactly one year ago, federal authorities arrested Nathan (Nat) Hardwick, the former chief executive officer of LandCastle Title and former managing partner of Morris Hardwick Schneider, on charges that he embezzled millions of dollars from his former companies. And exactly one year from now, Hardwick will stand trial for allegedly conspiring to steal more than $20 million from the attorney escrow accounts and operating accounts of Morris Hardwick Schneider and LandCastle Title. http://www.housingwire.com/articles/39325-trial-date-set-for-former-landcastle-title-ceo-nat-hardwick ❤️ #share #mortgage

Independents growing more optimistic about economy

The divide between Republicans and Democrats is growing wider as Republicans’ optimism hits new highs and Democrats’ pessimism hits new lows. Independents, however, are growing more optimistic about the future and present state of the economy. http://www.housingwire.com/articles/39322-independents-growing-more-optimistic-about-economy ❤️ #share #mortgage

Teresa Bryce Bazemore to step down as Radian Guaranty president

After 10 years at the #mortgage insurance company, Radian Guaranty President Teresa Bryce Bazemore announced she plans to retire at the end of April. Bazemore joined the company in 2006 as one of the first hires under Radian CEO S.A. Ibrahim. http://www.housingwire.com/articles/39324-teresa-bryce-bazemore-to-step-down-as-radian-guaranty-president ❤️ #share #mortgage

U.S. to continue investigating money laundering by foreign real estate buyers

The federal government will continue investigating whether foreign buyers are using high-end U.S. real estate to launder money after an expanded investigation found that potentially illicit activity is behind as many as one in three cash purchases from foreign buyers in select markets. http://www.housingwire.com/articles/39323-us-to-continue-investigating-money-laundering-by-foreign-real-estate-buyers ❤️ #share #mortgage

Rising Stars entry deadline extended!

A favorite saying of ours is “deadlines spur action,” and in the case of our Rising Stars awards program, it’s proving true. Quite a few of you are waiting until the last minute to get your nominations in. We’ve heard from quite a few folks that are feeling the pressure of that impending deadline, and we feel you. We get it. And we’re not monsters around here. We’re here to help. http://www.housingwire.com/blogs/1-rewired/post/39320-rising-stars-entry-deadline-extended ❤️ #share #mortgage

BREAKING: President Trump signs another executive order to slash regulation

Shortly after speaking at the Conservative Political Action Conference in Maryland on Friday, President Donald Trump signed another executive order on regulatory reform, reinforcing his push to significantly cut regulations by 75%. Click the headline for the latest news. http://www.housingwire.com/articles/39321-breaking-president-trump-signs-another-executive-order-to-slash-regulation ❤️ #share #mortgage

New home sales are up, but pace disappoints

New home sales increased in December, but industry experts are not impressed. Given the unusually high temperatures through the winter and the high demand for housing, experts explain they expected new home sales to come out with much more shocking numbers. http://www.housingwire.com/articles/39319-new-home-sales-are-up-but-pace-disappoints ❤️ #share #mortgage

Here’s how first-time #homebuyers in U.S. stack up to their Canadian neighbors

First-time #homebuyers in Canada and the U.S. both seem to be putting off buying a home amid rising home prices. However, the similarity between the two countries ends once these first-time buyers decide to make their purchase. While #homebuyers in the U.S. are increasingly looking to lower down-payment options, down payment amounts in Canada reached an all-time high. http://www.housingwire.com/articles/39318-heres-how-first-time-homebuyers-in-us-stack-up-to-their-canadian-neighbors ❤️ #share #mortgage

Redwood Trust CEO: We're ready for Trump to bring private capital back to #mortgages

During an interview with CNBC on Thursday, Steven Mnuchin, the newly minted Secretary of the Department of the Treasury, reiterated the Trump administration’s pledge to pursue reform of Fannie Mae and Freddie Mac. And if that happens, Marty Hughes, the CEO of Redwood Trust, says that the real estate investment trust will be ready and willing to step further into the market. http://www.housingwire.com/articles/39317-redwood-trust-ceo-were-ready-for-trump-to-bring-private-capital-back-to-mortgages ❤️ #share #mortgage

Embrace Home Loans expands into Texas

Recent reports from the Texas Association of Realtors and Fitch Ratings call out how hot Texas real estate right now, as more homes were sold last year than ever before in Texas. Seeking to strike while the iron is hot, Embrace Home Loans announced this week that it is expanding into Texas and opening its first office in the state. http://www.housingwire.com/articles/39316-embrace-home-loans-expands-into-texas ❤️ #share #mortgage

Ocwen SEC filing reveals details of CFPB #mortgage servicing investigation

During Ocwen’s investor call, CEO Ron Faris was asked about the company’s disclosure in its fourth-quarter earnings that it set aside $12.5 million for “potential” regulatory settlements. Faris responded by directing observers to the disclosures in the company’s upcoming 10-K filing with the SEC. Well, Ocwen filed its 10-K on Thursday, and as it turns out, that $12.5 million is for a potential settlement with the CFPB. http://www.housingwire.com/articles/39313-ocwen-sec-filing-reveals-details-of-cfpb-mortgage-servicing-investigation ❤️ #share #mortgage

Impac reports best year in more than a decade

Impac #mortgage Holdings locked in a record financial year on Thursday, recording adjusted operating income of $96.9 million, or $6.52 per diluted common share, for all of 2016. This is significantly up from a year ago and a big contributor to this growth was purchase originations. http://www.housingwire.com/articles/39310-impac-reports-best-year-in-more-than-a-decade ❤️ #share #mortgage

John Peyton named president and CEO of Realogy Franchise Group

Realogy Holdings named a new leader over its Realogy Franchise Group, which includes prominent brands such as Better Homes and Gardens Real Estate, Century 21 and Coldwell Banker. The company welcomes a familiar face to the position, promoting John Peyton, its current president and COO, to CEO of RFG, effective April 1, 2017. http://www.housingwire.com/articles/39314-john-peyton-named-president-and-ceo-of-realogy-franchise-group ❤️ #share #mortgage

This is how much you need to buy a home in these top 10 cities

Home prices are on the rise in cities across the U.S., and hit new highs in many cities throughout 2016. New data from SmartAsset shows exactly how much income is needed in the top 10 U.S. cities to afford a home. http://www.housingwire.com/articles/39309-this-is-how-much-you-need-to-buy-a-home-in-these-top-10-cities ❤️ #share #mortgage

See Inside 10 Oscar Winners' Homes

Hot on the heels of last month’s Golden Globe Awards, the 89th Academy Awards - aka the Oscars - are just around the corner.

Oscar night is the creme de la creme of award ceremonies, and winning one of the golden statues is no small feat, even for Hollywood A-listers. To gear up for Sunday night’s ceremony, let’s take a peek inside the homes of 10 past Oscar winners.

Jennifer Lawrence

Four-time nominee and one-time winner (for Best Actress in “Silver Linings Playbook”) Jennifer Lawrence snapped up this Beverly Hills home from Jessica Simpson. The home has an airy Hamptons feel and style, while the grounds provide a peaceful garden oasis.

Meryl Streep

The queen of Hollywood made headlines with her 20th Oscar nomination - a record number - just weeks after receiving the Cecil B. DeMille Award at the 2017 Golden Globes. Streep’s former townhouse, a charming 19th-century Greenwich Village abode, hit the market in January for $28.5 million. The luxury home comes equipped with a sleek chef’s kitchen, a master bath made entirely of Italian marble, and a rooftop deck with city views.

Adele

In 2016, Adele joined the ranks of J. Law, Channing Tatum, and numerous other celebrities with a new home in Beverly Hills. The “Skyfall” singer and Oscar winner’s home features exposed beams, vaulted ceilings, and a dreamy backyard with a spa, a gazebo, and white lights strung over the pool.

Katharine Hepburn

Twelve-time nominee and four-time Oscar winner Katharine Hepburn was a leading lady - both in Hollywood and in Oscar nominations. After her death, the seaside estate from her childhood, which she rebuilt and vacationed at throughout her lifetime, was listed for $14.8 million.

Charlize Theron

Best Actress winner Charlize Theron (for her 2004 role in “Monster”) sold her luxurious Los Angeles loft at a $1-million loss in 2016. The 2-story penthouse overlooks the Capitol Records Tower from its three terraces. Without the view, the tall steel-framed windows and exposed pipes might fool you into thinking you’re in New York City.

Jeff Bridges

Best Actor winner Jeff Bridges (for his role in “Crazy Heart”) has been nominated for an Oscar seven times - the latest of which is for his role in 2016’s “Hell or High Water.” Bridges and his wife, Susan, lived for many years on a 19-acre spread in Montecito, CA with their daughters. With the kids all grown up, the Bridges are looking to pass on the 9,593-square-foot home to another family who can enjoy the Pacific Ocean views and secret hedged garden.

Goldie Hawn

In late 2016, the Best Supporting Actress winner (for her role in “Cactus Flower”) and her husband, Kurt Russell, listed their longtime home - a spacious Los Angeles mansion in the exclusive Palisades Riviera neighborhood. The home features numerous skylights, built-in bookcases, an eat-in country kitchen, and a huge backyard designed for hosting.

Tom Hanks

First nominated for an Oscar in 1989 for his role in “Big,” Tom Hanks has racked up four subsequent nominations and two wins. In 2016, Hanks and his wife, Rita Wilson, listed their neighboring estates in Los Angeles. The two properties are located on adjacent lots, sharing celebrity neighbors like Steven Spielberg and Reese Witherspoon, but otherwise vary in size, style, and amenities.

Sean Penn

The two-time Best Actor winner (for his roles in “Milk” and “Mystic River”) listed his Malibu estate in 2015. The U-shaped home sits on a private 1.4-acre lot with beautiful terraced gardens, a pool, and a backyard fire pit - and it’s just a short walk to the beach.

Michelle Williams

Four-time nominee Michelle Williams hasn’t secured a win yet, but this could be her year - the “Manchester by the Sea” actress is up for Best Supporting Actress. In 2015, Williams let go of the Brooklyn townhouse she once called home with Heath Ledger (for well over her asking price). The 4-story home includes a three-car garage, a rooftop garden with a waterfall, and 12-foot ceilings.

Related:

• See Inside the Homes of 10 Golden Globe Winners
• The Obama Family Named Most Desirable Neighbor for 2017
• 5 Celebs Who Bought Spectacular Homes in 2016

from Zillow Porchlight https://www.zillow.com/blog/see-inside-10-oscar-winners-homes-210105/

Here are 5 easy tips to rebuild your credit score

Credit score provider VantageScore Solutions recommends taking these actions to help improve your score but be advised, the results aren’t instant. http://www.housingwire.com/articles/39308-here-are-5-easy-tips-to-rebuild-your-credit-score ❤️ #share #mortgage

Fitch: Is there a housing bubble in these hot, hot markets?

Housing in the state of Texas was hotter in 2016 that it’s ever been before, but is real estate in the Lone Star state getting too hot? A new report from Fitch Ratings suggests that Texas is one a few states where home prices are not only unsustainable, they’re overheating. http://www.housingwire.com/articles/39306-fitch-is-there-a-housing-bubble-in-these-hot-hot-markets ❤️ #share #mortgage

loanDepot promotes Dan Hanson to chief retail production officer

loanDepot hasn’t let up on the gas since it launched into the housing finance market after the financial crisis. Now the company announced it promoted Dan Hanson to chief retail production officer, where he will be charged with fulfilling the team’s mission to become America’s #lender of choice. http://www.housingwire.com/articles/39307-loandepot-promotes-dan-hanson-to-chief-retail-production-officer ❤️ #share #mortgage

Game-changing real estate technology makes its way to Dallas

Remine announced its new partnership with the North Texas Real Estate Information Systems, which will bring game-changing technology to more than 30,000 Dallas-area Realtors. Remine will allow Realtors to identify and market to would-be #homebuyers at a time when real estate in Texas is hotter than ever. http://www.housingwire.com/articles/39305-game-changing-real-estate-technology-makes-its-way-to-dallas ❤️ #share #mortgage

JPMorgan pumps $1.2 million into Detroit to revitalize housing

However, Thanks to companies like JPMorgan Chase donating millions of dollars to the city to help it recover faster, it’s making steady progress. But, since it fell so low after the crisis, there remains a long way to go. Here’s the latest positive news for the Motor City. http://www.housingwire.com/articles/39304-jpmorgan-pumps-12-million-into-detroit-to-revitalize-housing ❤️ #share #mortgage

FHFA: Rising interest rates not slowing down home prices…yet

Home prices continued their strong growth in the fourth quarter despite rising interest rates. Although interest rates are up, housing inventory is down, causing home prices to increase. However, the FHFA’s deputy chief economist explains it may simply be too soon to see an effect on the market from increasing interest rates. http://www.housingwire.com/articles/39303-fhfa-rising-interest-rates-not-slowing-down-home-pricesyet ❤️ #share #mortgage

Freddie Mac: Market uncertainty disorients #mortgage rates

#mortgage rates increased slightly, once again breaking from the 10-year Treasury yield which saw a more significant decrease. Freddie Mac’s chief economist explains the divergence between the two numbers stems from rising uncertainty in the market. http://www.housingwire.com/articles/39302-freddie-mac-market-uncertainty-disorients-mortgage-rates ❤️ #share #mortgage

[WATCH] Treasury Secretary Mnuchin says expect GSE reform during Trump administration

Treasury Secretary Steven Mnuchin sat down with CNBC for his first television interview since being confirmed to lay out some of the administration’s economic priorities. Among the items discussed, Mnuchin mentioned GSE reform, confirming that a change in Fannie and Freddie’s current status is still high on the administration’s list of priorities. http://www.housingwire.com/articles/39301-watch-treasury-secretary-mnuchin-says-expect-gse-reform-during-trump-administration ❤️ #share #mortgage

Ocwen expects another loss in 2017 thanks to NYDFS, CFPB regulatory issues

Despite the California Department of Business Oversight removing the state’s #mortgage servicing restrictions on Ocwen Financial, the nonbank is still prohibited from acquiring #mortgage servicing rights in bulk thanks to the company’s previous settlement with the New York Department of Financial Services, the company’s executives told investors on Wednesday. And those restrictions and other “regulatory challenges” will likely lead to another yearly loss for the nonbank. http://www.housingwire.com/articles/39300-ocwen-expects-another-loss-in-2017-thanks-to-nydfs-cfpb-regulatory-issues ❤️ #share #mortgage

CoreLogic fourth quarter and full-year revenues surge at double-digit rates

CoreLogic wrapped up 2016 with double-digit revenue growth for the fourth quarter and full year thanks to success in two of its key segments. And now looking ahead to 2017, the company is very positive on what the future holds. http://www.housingwire.com/articles/39299-corelogic-fourth-quarter-and-full-year-revenues-surge-at-double-digit-rates ❤️ #share #mortgage

Ocwen falls back into the red in Q4, but results are much better than last year

Ocwen Financial surprisingly returned to profitability in the third quarter of 2016, breaking a four-quarter streak of losses, but the company’s time in the black appears to be short-lived. The nonbank reported Wednesday that it posted a net loss for the fourth quarter of 2016, but the loss is far smaller than the company reported during the same time period last year. http://www.housingwire.com/articles/39296-ocwen-falls-back-into-the-red-in-q4-but-results-are-much-better-than-last-year ❤️ #share #mortgage

Here's the inventory crisis smothering Millennial homebuying

Regardless of whether Millennials want to buy a home or not, there first has to be a home available to purchase. In an interview with HousingWire, Daren Blomquist, senior vice president at ATTOM Data Solutions, identified three key factors keeping housing inventory in a drought, barring entrance for aspiring young homeowners. http://www.housingwire.com/blogs/1-rewired/post/39295-heres-the-inventory-crisis-smothering-millennial-homebuying ❤️ #share #mortgage

B. Riley Financial acquiring FBR & Co. in $160 million deal

B. Riley Financial, a financial services firm, announced Wednesday that it is acquiring FBR & Co., an investment banking and brokerage firm, in a deal that values FBR at $160.1 million. “B. Riley Financial and FBR combined will become a clear leader in small cap investment banking and brokerage in the U.S. with 600 names under research coverage,” the companies noted in a release. http://www.housingwire.com/articles/39293-b-riley-financial-acquiring-fbr-co-in-160-million-deal ❤️ #share #mortgage

Trump’s crackdown on illegal immigration could drop home prices

Trump’s policies cracking down on immigration could mean drastic changes to the housing market once the policies start taking effect. Even legal immigrants are showing more caution when it comes to buying a home, saying they are unsure about their future in the U.S. http://www.housingwire.com/articles/39291-trumps-crackdown-on-illegal-immigration-could-drop-home-prices ❤️ #share #mortgage

The Heart Wants Selena Gomez's Texas Estate

BurkeyLoan to offer 120% LTV #mortgage that also pays student loans

A #mortgage #lender announced its new program that allows potential #homebuyers to lump in their student loan balance to their #mortgage. BurkeyLoan claims the new product will build access to capital for the Millennial generation. http://www.housingwire.com/articles/39288-burkeyloan-to-offer-120-ltv-mortgage-that-also-pays-student-loans ❤️ #share #mortgage

Want to be on the cover of HousingWire Magazine? Here's your chance

Have you ever wanted to be on the cover of a magazine? You get to show off to all your friends, family, and colleagues – many of whom will likely come traipsing into your office and begrudgingly ask for your autograph. Have you ever wanted to the envy of the entire housing industry? Well, here’s your chance to do both. http://www.housingwire.com/blogs/1-rewired/post/39287-want-to-be-on-the-cover-of-housingwire-magazine-heres-your-chance ❤️ #share #mortgage

Texas housing is now hotter than ever

It was another record-setting year for Texas real estate, as home sale and home prices both hit all-time highs – for the second year in a row. According to a new report from the Texas Association of Realtors, there were more homes sold in the Lone Star State in 2016 than in any other year, eclipsing the previous high, which stood for all of one year. http://www.housingwire.com/articles/39286-texas-housing-is-now-hotter-than-ever ❤️ #share #mortgage

Existing home sales increase to fastest pace in a decade

Existing home sales increased to the highest rate in nearly a decade in January, beating out experts’ expectations. However, the market continues to struggle with dwindling inventory and affordability. http://www.housingwire.com/articles/39285-existing-home-sales-increase-to-fastest-pace-in-a-decade ❤️ #share #mortgage

Nationstar revenue increases 45% in Q4

Nationstar finished 2016 with a bang, increasing its revenue by 45% and its net income by nearly 500%. But those aren’t the only increases the company saw during the fourth quarter. Nationstar’s CEO explains what this means for the company in 2017. http://www.housingwire.com/articles/39284-nationstar-revenue-increases-45-in-q4 ❤️ #share #mortgage

MBA: #mortgage applications continue to decline

This week’s #mortgage application data looked similar to the previous week’s report as applications fell once again due to a drop in refinance demand. This time around the refinance share of #mortgage activity sank even lower, falling to the lowest level since November 2008. http://www.housingwire.com/articles/39283-mba-mortgage-applications-continue-to-decline ❤️ #share #mortgage

PHH adds Stephen Staid as senior vice president of servicing

PHH will soon have a new senior vice president of servicing, as the company announced Tuesday that Marty Foster plans to retire after spending 20 years with the company. Replacing Foster as senior vice president of servicing will be Stephen Staid, a 25-year veteran of the industry. http://www.housingwire.com/articles/39282-phh-adds-stephen-staid-as-senior-vice-president-of-servicing ❤️ #share #mortgage

Fannie, Freddie stock plummets after court decision dents shareholders' prospects

Shares of Fannie Mae and Freddie Mac went into free fall on Tuesday after the U.S. Court of Appeals for the District of Columbia Circuit ruled that Fannie and Freddie shareholders cannot pursue many of their claims related to the so-called “Third Amendment sweep.” But despite the drop, both Fannie and Freddie are still trading above where they were prior to the election of President Donald Trump. http://www.housingwire.com/articles/39281-fannie-freddie-stock-plummets-after-court-decision-dents-shareholders-prospects ❤️ #share #mortgage

Can this small Texas bank jump in on PHH's fight with the CFPB?

Even though PHH’s battle with the Consumer Financial Protection Bureau takes up the majority of the discussion around the fate of the bureau, it’s not the only entity fighting against the independent agency. Battling alongside PHH is State National Bank of Big Spring, Texas. The bank harbors a similar grudge against the CFPB, with a lot of its fate resting in the outcome of the PHH case. But will it be able to fight its own battle? http://www.housingwire.com/articles/39280-can-this-small-texas-bank-jump-in-on-phhs-fight-with-the-cfpb ❤️ #share #mortgage

Another Republican senator introduces bill to "dismantle" CFPB

Sen. Ted Cruz, R-Texas, introduced a bill repealing Title X of the Dodd-Frank Wall Street Reform Act, which established the CFPB. But Cruz wasn’t alone last week in launching a full-scale assault on the controversial governmental agency. Sen. Mike Rounds, R-South Dakota, also introduced a bill last week that would kill off the CFPB, albeit in a different way than Cruz’s bill calls for. http://www.housingwire.com/articles/39279-another-republican-senator-introduces-bill-to-dismantle-cfpb ❤️ #share #mortgage

Wells Fargo fires four senior managers over fake account scandal

Wells Fargo announced Tuesday that it fired four senior managers as the fallout continues from the fake account scandal that led to a $185 million fine from the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the city and county of Los Angeles. http://www.housingwire.com/articles/39278-wells-fargo-fires-four-senior-managers-over-fake-account-scandal ❤️ #share #mortgage

Court rejects hedge funds claims in Fannie, Freddie profit sweep

Fresh off handing down a significant ruling in the battle over the constitutionality of the Consumer Financial Protection Bureau, the U.S. Court of Appeals for the District of Columbia Circuit just dealt a sizable body blow to the investors who claimed that the government’s decision to sweep all the profits from Fannie Mae and Freddie Mac into the government’s coffers was not only unnecessary, but illegal as well. http://www.housingwire.com/articles/39277-court-rejects-hedge-funds-claims-in-fannie-freddie-profit-sweep ❤️ #share #mortgage

Home Depot beats earnings estimates as revenue surges to $22B

Home Depot proved there is definitely still demand for home improvement. The company announced on Tuesday that its revenue climbed 5.8% to $22.2 billion in the fourth quarter, beating earnings estimates. http://www.housingwire.com/articles/39276-home-depot-beats-earnings-estimates-as-revenue-surges-to-22b ❤️ #share #mortgage

#mortgage defaults slightly rise, but no need to be concerned

The first #mortgage default report is out for the year, and so far, rates are only slightly increasing. The report comes off the heels of a low default rate environment in 2016, which is likely to be tested in 2017 as interest rates start to rise. http://www.housingwire.com/articles/39275-mortgage-defaults-slightly-rise-but-no-need-to-be-concerned ❤️ #share #mortgage

myCU#mortgage gets into #mortgage servicing business

Credit unions that want to keep their #mortgage servicing within the credit union family now have a new option, as myCU#mortgage announced Tuesday that it is launching a #mortgage servicing operation. As for why myCU#mortgage is getting into the servicing business, the company’s president said that most credit union members don’t get a #mortgage loan from a credit union expecting that the servicing will be transferred away. http://www.housingwire.com/articles/39274-mycumortgage-gets-into-mortgage-servicing-business ❤️ #share #mortgage

Guess who just joined the HousingWire free Appraisal webinar?

HousingWire is hosting a free webinar next week on the state of the appraisal industry in 2017. We are already getting flooded with questions and, lucky for all of us, Zach Dawson, the director of collateral strategy at Fannie Mae, will join us. Here’s how to sign up! http://www.housingwire.com/blogs/1-rewired/post/39273-guess-who-just-joined-the-housingwire-free-appraisal-webinar ❤️ #share #mortgage

Hensarling compares CFPB to a tyranny

It’s probably safe to say that House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is no fan of the Consumer Financial Protection Bureau. And as Hensarling told the Dallas Morning News in a recent interview, there are plenty of good reasons to change the CFPB. http://www.housingwire.com/articles/39272-hensarling-compares-cfpb-to-a-tyranny ❤️ #share #mortgage

Here are the top 10 states with the highest #mortgages rates

#mortgage rates are increasing from last year’s all-time lows. However, despite the increase, rates remain near historic lows. Read this to see if your state is among the top 10 with the highest interest rates. http://www.housingwire.com/articles/39271-here-are-the-top-10-states-with-the-highest-mortgages-rates ❤️ #share #mortgage

Hawkish Fed official comfortable with raising rates in current economy

One Federal Reserve member explains why she is comfortable with raising rates under the current economic conditions. However, the Cleveland Federal Reserve’s president did not put a timeline on a rate hike, and some experts wonder if the Fed could be looking at raising rates as soon as March. http://www.housingwire.com/articles/39269-hawkish-fed-official-comfortable-with-raising-rates-in-current-economy ❤️ #share #mortgage

Waterstone #mortgage to ring opening bell at Nasdaq

More than 40 of Waterstone #mortgage Corporation’s personnel will ring the opening bell at Nasdaq on Feb. 21, 2017 as part of a ceremony honoring the company’s top loan originators. http://www.housingwire.com/articles/39268-waterstone-mortgage-to-ring-opening-bell-at-nasdaq ❤️ #share #mortgage

California home sales start 2017 on a strong note

While winter usually means a decline in home sales, California just saw its first increase in home sales between December and January since 2012, a sign that the Golden State could be in for a strong housing year. http://www.housingwire.com/articles/39270-california-home-sales-start-2017-off-on-a-strong-note ❤️ #share #mortgage

What does Trump's SEC chair choice think about deregulation?

President Donald Trump recently selected a new leader for one of the government’s top financial regulators, nominating top Wall Street lawyer Jay Clayton to serve as the chair of the Securities and Exchange Commission. But what does Clayton think about the current state of financial regulations? Here’s a glimpse. http://www.housingwire.com/articles/39267-what-does-trumps-sec-chair-choice-think-about-deregulation ❤️ #share #mortgage

California regulator reveals what Ocwen did wrong

Ocwen Financial announced late last week that it successfully extricated itself from the #mortgage servicing restrictions placed on it by the California Department of Business Oversight. The final settlement total was nearly $200 million more than Ocwen reserved for. So why was it so much higher than previously thought? Turns out that Ocwen’s operations weren’t exactly squeaky clean for the last few years. http://www.housingwire.com/articles/39265-california-regulator-reveals-what-ocwen-did-wrong ❤️ #share #mortgage

Apartment landlord sues Airbnb for encouraging tenants to break lease

Airbnb is now facing a lawsuit from one of the largest landlords in the U.S. The landlord claims Airbnb is purposefully encouraging tenants to break their lease, and creating an unsafe environment for the complex. Airbnb, however, does not agree, and says it plans to fight back against the lawsuit. http://www.housingwire.com/articles/39264-apartment-landlord-sues-airbnb-for-encouraging-tenants-to-break-lease ❤️ #share #mortgage

Household debt to hit new record in 2017

Household debt is set to hit an all-new high in 2017 after showing the largest increase in over a decade. #mortgages made up the majority of household debt in 2016, however student debt is also on the rise. http://www.housingwire.com/articles/39263-household-debt-to-hit-new-record-in-2017 ❤️ #share #mortgage

Monday Morning Cup of Coffee: Was TRID worth it?

For businesses in the #mortgage space, there’s some optimism of late thanks to the Trump administration’s emphasis on deregulation. And that’s understandable. But what about all the time, energy, and money that the industry spent over the last few years dealing with a glut of new regulations? Was it all worth it? http://www.housingwire.com/blogs/1-rewired/post/39262-monday-morning-cup-of-coffee-was-trid-worth-it ❤️ #share #mortgage

You Could Own the Fannings' Childhood Home for $2.85M

Ocwen reaches $223 million settlement with California over servicing violations

Ocwen Financial announced late Friday that it reached a $223 million settlement with the California Department of Business Oversight, ridding itself of the restrictions that hampered its #mortgage business in California for more than two years. The settlement includes a cash payment of $25 million. Ocwen is also required to provide an additional $198 million in debt forgiveness. Click the headline to read more. http://www.housingwire.com/articles/39261-ocwen-reaches-223-million-settlement-with-california-over-servicing-violations ❤️ #share #mortgage

It's a Sell for Warren Buffett in Laguna Beach

On the heels of unloading a truckload of Walmart stock, bazillionaire Warren Buffett is cutting loose a sweet little piece of Laguna Beach real estate. It’s the first time in nearly 50 years that the 3,500-square-foot home has been on the market.

Buffett is asking $11 million for the 6-bedroom, 7-bath home, which boasts a separated family room with a large sundeck facing the ocean — perfect for parties. There’s also a large, mostly enclosed patio for more private moments.

Most of the home’s rooms offer views of the sand, surf and rocks of gorgeous Emerald Bay, and guests are particularly easy to accommodate because two bedrooms feature their own private entrances.

The listing agent is Bill Dolby of Villa Real Estate.

Related:

• Tour Jane Fonda’s Glass House in Beverly Hills
• Rent Sandra Bullock’s Sunset Strip Home
• Jillian Michaels Slims Down Price on Malibu Beach House

from Zillow Porchlight https://www.zillow.com/blog/buffett-selling-laguna-beach-212264/

Altisource Portfolio Solutions to pay $32 million to settle class action suit over Ocwen relationship

Altisource Portfolio Solutions revealed recently that the CFPB is looking into the company’s relationship with Ocwen Financial. But that wasn’t the only Ocwen-related revelation of the week. The company also reached a $32 million settlement in a class action lawsuit brought by Altisource investors who claimed financial harm after Altisource’s stock plummeted after the New York Department of Financial Services began investigating the company’s relationship with Ocwen in early 2014. http://www.housingwire.com/articles/39255-altisource-portfolio-solutions-to-pay-32-million-to-settle-class-action-suit-over-ocwen-relationship ❤️ #share #mortgage

Freddie Mac selling off $759 million in non-performing loans

Recently, Fannie Mae announced its first non-performing loan sale of 2017, stating that it plans to sell 10,000 delinquent loans with a total unpaid principal balance of $1.76 billion from its portfolio. Fannie Mae’s fellow government-sponsored enterprise announced a NPL sale of its own on Friday. http://www.housingwire.com/articles/39260-freddie-mac-selling-off-759-million-in-non-performing-loans ❤️ #share #mortgage

What will come first: July 2018 or new plans for the CFPB?

The U.S. Court of Appeals for the District of Columbia Circuit finally ruled on the landmark case between the Consumer Financial Projection Bureau and PHH in favor of the CFPB. The decision significantly lengthens the timeline for knowing the fate of the bureau and its director, Richard Cordray. So what’s likely to happen now? Alan Kaplinsky, partner and leader of Ballard Spahr’s Consumer Financial Services Group, explains what he thinks will happen. http://www.housingwire.com/articles/39259-what-will-come-first-july-2018-or-new-plans-for-the-cfpb ❤️ #share #mortgage

Goldman Sachs: #mortgage interest rates will rise to 5.5% by 2019

The most recent data from Freddie Mac shows that the average interest rate for a 30-year, fixed-rate #mortgage is around 4.15%, but interest rates are going to increase by a significant margin over the next few years, analysts from Goldman Sachs said in a new report. Here are the details. http://www.housingwire.com/articles/39258-goldman-sachs-mortgage-interest-rates-will-rise-to-55-by-2019 ❤️ #share #mortgage

White House spokesperson: Trump believes CFPB is "unaccountable"

Given the Trump administration’s recent maneuvering to fire Consumer Financial Protection Bureau Director Richard Cordray, it’s probably not a surprise that President Donald Trump disagrees with the U.S. Court of Appeals for the District of Columbia Circuit’s decision to rehear a challenge to the CFPB’s constitutionality. http://www.housingwire.com/articles/39257-white-house-spokesperson-trump-believes-cfpb-is-unaccountable ❤️ #share #mortgage

Fannie Mae keeps growth prediction conservative amid rising policy uncertainty

Fannie Mae reported its economic forecast for 2017, which remains conservative due to rising concerns about the new administration’s policies. However, consumer confidence remains strong and home sales are high. http://www.housingwire.com/articles/39256-fannie-mae-keeps-growth-prediction-conservative-amid-rising-policy-uncertainty ❤️ #share #mortgage

Veros partners with Ellie Mae to offer AMC valuation option

Veros partnered with Ellie Mae in order to bring more control to #lenders through the appraisal process. Now, #lenders can go through the new solution in place of using AMCs. Veros explains this software will help improve efficiency in the loan origination process. http://www.housingwire.com/articles/39252-veros-partners-with-ellie-mae-to-create-efficiency-in-loan-origination-process ❤️ #share #mortgage

MBA appoints two new members to MISMO board of directors

The #mortgage Bankers Association named two new industry veterans to the #mortgage Industry Standards Maintenance Organization board of directors. Read for more about the new members: Quicken Loans’ executive vice president and Black Knight’s senior vice president. http://www.housingwire.com/articles/39254-mba-appoints-two-new-members-to-mismo-board-of-directors ❤️ #share #mortgage

CFPB seeks increased lending to "credit invisible" borrowers

The Consumer Financial Protection Bureau is joining the growing chorus of groups trying to expand access to credit for consumers who lack enough credit history to obtain a credit score, also known as the credit invisible. During a field hearing in Charleston, West Virginia on Thursday, CFPB Director Richard Cordray said the bureau is officially is seeking public feedback on the benefits and risks of tapping alternative data sources. Do you have any comments you want to submit? http://www.housingwire.com/articles/39253-cfpb-seeks-increased-lending-to-credit-invisible-borrowers ❤️ #share #mortgage

Judge rules that CFPB can investigate seller-financed home sales

The Consumer Financial Protection Bureau earned a big victory in court Thursday when the Court of Appeals for the District of Columbia Circuit ruled in favor of the CFPB in its fight against PHH. And that wasn’t the only positive result the CFPB got in a federal court this week. A federal judge also ruled that the CFPB can pursue an investigation into seller-financed home sales and the operations of Harbour Portfolio Advisors. http://www.housingwire.com/articles/39251-judge-rules-that-cfpb-can-investigate-seller-financed-home-sales ❤️ #share #mortgage

SoFi to lock in $500 million investment led by Silver Lake

SoFi is at it again and reportedly nearing a deal to raise $500 million in fresh funds from an investor group led by private-equity firm Silver Lake. This marks another major investment for the online #lender after its $1 billion in funding led by SoftBank back in 2015. http://www.housingwire.com/articles/39250-sofi-to-lock-in-500-million-investment-led-by-silver-lake ❤️ #share #mortgage

Ellie Mae: Adjustable rate #mortgages see uptick in 2017

As interest rates rise, #homebuyers and homeowners are locking in their loans – both for purchase and refinance. As a result, FICO scores dropped on all loan types and interest increased in adjustable-rate #mortgages, a trend that Ellie Mae says it will continue to watch. http://www.housingwire.com/articles/39249-ellie-mae-adjustable-rate-mortgages-see-uptick-in-2017 ❤️ #share #mortgage

Fannie Mae CEO: G-fee pricing is in the “right zone”

And, one of the larger shifts, although profits remain flat, is earnings from guarantee-fees now outpace portfolio investments. In other words, Fannie Mae is now making more money of business it is doing rather than business it once did. http://www.housingwire.com/blogs/1-rewired/post/39248-fannie-mae-ceo-g-fee-pricing-is-in-the-right-zone ❤️ #share #mortgage

Fannie Mae reports annual net income of $12.3 billion

For the fourth quarter of 2016, Fannie Mae reported net income of $5 billion and comprehensive income of $4.9 billion. As a result, the company expects to pay Treasury a $5.5 billion dividend in March 2017. http://www.housingwire.com/articles/39247-fannie-mae-reports-annual-net-income-of-123-billion ❤️ #share #mortgage

Freddie Mac CEO: 4 ways to turn around the supertanker

One thing that gets little coverage is how effective Layton managed his team which runs the $2 trillion in Freddie Mac assets. So, it seemed appropriate to find out his formula for retaining top staff and keeping the foot soldiers motivated. Layton puts it down to 4 ways they helped turn around this “supertanker.” http://www.housingwire.com/blogs/1-rewired/post/39246-freddie-mac-ceo-4-ways-to-turn-around-the-supertanker ❤️ #share #mortgage

Sleepless in SoHo? Meg Ryan's Loft Awaits

Rom-com darling Meg Ryan just put a $10.9-million price tag on a SoHo loft she recently featured in Architectural Digest.

The home’s 4,100 square feet are structured for comfort: When you’ve got mail, you can kick back and read it in the high-ceilinged, light-filled living room. When you’re sleepless in SoHo, there’s a black-and-white bathroom with penny tiles and a luxurious tub perfect for a long soak. When Harry meets Sally, there’s a kitchen with a table for recreating everyone’s favorite scene.

It’s an apartment with classic lines, from the long, windowed hallway that invites light — but not sound — into the living spaces, to the glass walls and French doors that create a private space for the formal dining room. The listing is with Barbara Hochhauser of Corcoran Group Real Estate.

Photos by Evan Joseph

Ryan bought the home from “The Simpsons” actor Hank Azaria in 2013 and renovated it, adding ebonized wood floors and black lacquered cabinets, The Wall Street Journal reports. The apartment spans the fifth floor of a building constructed in the 1880s, and has 2 bedrooms plus a sleeping area with French doors.

Ryan, who last year directed and starred in the movie “Ithaca,” is an antiques collector. Above that long table in the kitchen hang two industrial lamps from a salvage shop in Maine. They complement exposed pipes on the ceiling, which add to the home’s factory-meets-elegance vibe. The kitchen boasts a double range, two stainless steel refrigerators and a windowed pantry.

A master bedroom with an exposed brick wall and eight closets contribute to the industrial chic aesthetic, as do seven architectural columns, transom windows and 12-foot ceilings.

Related:

• Jessica Chastain Buys Leonard Bernstein’s Gorgeous Old Place
• Meryl Streep’s Former NYC Townhouse Lists for $28.5M
• Julia Roberts Takes a Bath on Kauai Estate

from Zillow Porchlight http://www.zillow.com/blog/meg-ryan-lists-soho-loft-212149/