A report from the Reno Gazette Journal in Nevada. "Although turning over houses at a profit was a popular strategy during Reno-Sparks’ housing rebound, flipping activity has cooled as home prices reached record highs. Since peaking at $420,500 in May,…
A weekend topic starting with NPR. "This week's Democratic presidential debate touched on a topic that usually doesn't get much attention in these forums. ELIZABETH WARREN: Our housing problem in America is a problem on the supply side. And that…
A report from the Mortgage Reports. "A new study indicates that first-time home buyers are having more mortgage delinquency problems than they have since 2010. Black Knight’s most recent Mortgage Monitor report had some alarming findings: Nearly 1% of mortgage…
A report from Westword on Colorado. "Over the past year or so, there's been debate aplenty about whether Denver's real estate market has finally started to cool off after being red-hot for the past few years. Megan Aller, a sales…
A report from KCRA in California. "California is at the epicenter of a housing crisis. Thousands of people are fleeing the state, and many of them say they can no longer afford to live here. But today there’s help, and…
It's Friday desk clearing time for this blogger. "Here are some of my observations from Mortgage Bankers Association convention I attended in Austin last month. One exhibit hall lender offered primary residence mortgages void of any income information or any…
A report from Bloomberg. "Financial regulators led by the Treasury's Steven Mnuchin and the Federal Reserve's Jerome Powell have been put on notice about the risk of an economically damaging cash crunch in the $11 trillion home mortgage market. Behind…
A report from Bloomberg. "The subprime mortgage-backed bond may be dead in America a decade after it helped trigger the global financial crisis, but a security with some of the same high-risk characteristics is starting to take off. It’s called…
It's Friday desk clearing time for this blogger. "Jewell Handy has a steady income as a teacher, money for a down payment and even a history of successful homeownership. But when she decided to buy a house for herself and…
A report from Market Watch. "Fannie Mae and Freddie Mac may stop offering certain mortgages as they prepare to privatize, but borrowers won’t be left behind, the companies’ chief regulator said. 'Fannie and Freddie must not repeat the mistakes of…