Tuesday, March 1, 2016

3 ways to harness the power of disruption

Selling unmatched socks in sets of three? Turning soda into expensive, bitter energy drinks? Disruption guru Luke Williams challenged lenders at Ellie Mae’s Experience conference to turn their predictive business models upside down and address the things that aren’t broken to find true innovation.

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Freddie Mac makes more loan information available to risk-sharing deal investors

Aiming to increase confidence in its credit risk-sharing deals by providing more information to investors, Freddie Mac announced this week that it intends to increase the disclosures for all of its single-family credit-risk transfer initiatives moving forward.

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Urban Institute: New Detroit mortgage program breaks vicious appraisal spiral

Detroit’s market is stuck in a cycle, however a new mortgage program is set to break the cycle. Will this new program allow prospective buyers to receive another mortgage?

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American Homes 4 Rent, American Residential Properties complete merger

In a move that creates a giant in the single-family rental space, American Homes 4 Rent and American Residential Properties announced Tuesday that the companies finalized their merger. According to a release from the companies, the merger “enhances the size” of American Homes 4 Rent, which was already the “largest publicly traded single-family rental company.”

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Appraisal volume rises as spring homebuying season starts early

The spring homebuying season is starting early this year as continued low rates prompt homebuyers to get into the market. And the latest appraisal volume data shows this, with volume jumping 8.4% for the week of Feb. 21.

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MBA responds to 'unfounded allegations' by ethics group

The National Legal and Policy Center, a non profit organization, is calling for an official investigation on David Stevens, chief executive of the Mortgage Bankers Association. The MBA says Stevens did nothing wrong.

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Can you decipher this emoji listing for The White House?

An emoji is worth a million feelings is practically the modern version of a picture is worth a thousand words. So how far will emojis penetrate into how we communicate or even the world of real estate? Here’s an emoji listing for the White House. Can you understand what it’s saying?

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