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check out my other posts on QM Update and Robo Settlement Update .
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Under the Radar – Skirting Dodd-Frank and CFPB? (the new loan sharks?) ‘The New Subprime’ Mortgage: Risky Loans Emerge in Twist on Seller Financing – By Teke Wiggin – … putting homeownership within reach of borrowers who can’t qualify for a conventional mortgage. But they also carry terms that some experts say are predatory. … (10% interest rate, 10% down, 7 year balloon, Double the Default Rate) – AOL Real Estate
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BILL MCBRIDE: Housing Starts Are Going To Double – Joe Weisenthal – Business Insider
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Rents Continue to Rise, Albeit Slightly Slower – BY: KRISTA FRANKS BROCK – … according to Carrolton, Texas-based RealPage, a software provider for rental communities. After rents for new leases rose 4.8 percent in 2011, rents rose 3 percent in 2012. – DS News
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(buy housing stocks?) Barclays Keeps Positive Builder Outlook as Housing Skies Clear – BY: TORY BARRINGER – The M Report
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Looking into the Japanese real estate mirror: Residential home prices in Japan back to levels last seen 30 years ago in spite of near zero percent mortgage rates. – Dr. Housing Bubble
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Fitch warns home prices overvalued – By Megan Hopkins – Despite national home prices increasing by more than 2%, the largest gain since before the market peak, Fitch Ratings believes national prices are 10% overvalued. – Housingwire
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Special Report: The Year Ahead for Reverse Mortgages—2013 – By Elizabeth Ecker – Reverse Mortgage Daily
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It’s time to fix Fannie Mae and Freddie Mac – By Charles Lane – Washington Post Editorial
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(how to know when) ART CASHIN: The End Of The Bond Bull Market Will Be Signaled By A Stampede – … The thing that I will watch for is mortgage applications. If the public begins to believe that the trend in rates has turned, that rates are heading higher, I believe you may begin to see a stampede of people trying to lock up those low mortgage rates. … – Business Insider
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Meet Jack Lew: Tim Geithner’s Replacement – Submitted by Tyler Durden – Zero Hedge