Monday Morning Cup of Coffee: Fannie, Freddie crystal ball just got cloudier: There is a lot of debate surrounding the future or lack thereof of Fannie Mae and Freddie Mac, with opinions coming from the White House, Congress, trade groups, just to name a few. But predicting the future of the GSEs just got a little harder. Plus, is it time to buy the country’s biggest banks? All that, and more, in your Monday Morning Cup of Coffee. http://www.housingwire.com/blogs/1-rewired/post/36167-monday-morning-cup-of-coffee-fannie-freddie-crystal-ball-just-got-cloudier ❤️ #share #mortgage
Tesla’s first home battery is officially on the market: After much anticipation, Tesla’s first crop of energy storage batteries are finally on the market. For now, Tesla is only bringing the Powerwall to Australia since the country is a priority market due to its high number of solar energy users. http://www.housingwire.com/articles/36163-teslas-first-home-battery-is-officially-on-the-market ❤️ #share #mortgage
MERS #mortgage authority upheld by New Hampshire Supreme Court: MERSCORP Holdings announced Friday that it secured another victory in a state’s highest court, as the New Hampshire Supreme Court upheld MERS’ #mortgage assignment rights. http://www.housingwire.com/articles/36162-mers-mortgage-authority-upheld-by-new-hampshire-supreme-court ❤️ #share #mortgage
Ocwen ties that bind? Altisource Residential adds former HLSS exec: In another sign that the relationship between Ocwen Financial and its affiliated companies, Altisource Portfolio Solutions, Altisource Residential Corporation, Altisource Asset Management Corporation, and Home Loan Servicing Solutions, will always be complicated, Altisource Residential and Altisource Asset Management announced Friday that Michael Lubin is joining both companies. Lubin joins the Altisource companies from Home Loan Servicing Solutions. http://www.housingwire.com/articles/36160-ocwen-ties-that-bind-altisource-residential-adds-former-hlss-exec ❤️ #share #mortgage
Here’s how retail #lenders can compete in this digital world: A side effect of digital #mortgages as they gain prominence is the slow extinction of brick-and-mortar lending branches. However, it’s not all doom and gloom for branches. In order to still survive, this is what retail #lenders need to do. http://www.housingwire.com/articles/36159-heres-what-retail-lenders-need-to-do-to-compete-in-this-digital-world ❤️ #share #mortgage
Is it better to invest in a 401K or buy a house?: The age old question teenagers, college graduates and even professionals ask, “Which is better, investing in a 401K or investing in a house?” http://www.housingwire.com/articles/36158-is-it-better-to-invest-in-a-401k-or-buy-a-house ❤️ #share #mortgage
Want some Mr. Cooper swag? Nationstar opens online store for new brand: Recently, HousingWire revealed the details on Mr. Cooper, the new brand that Nationstar will be likely launching soon as part of a rebranding effort. And now, even though the new brand remains officially unconfirmed, it appears that the general public can buy their own Mr. Cooper-branded swag, thanks to an online store that appeared this week. http://www.housingwire.com/articles/36157-want-some-mr-cooper-swag-nationstar-opens-online-store-for-new-brand ❤️ #share #mortgage
The GDP loses momentum: The GDP, the value of everything a nation produces, showed a significant markdown this fourth quarter compared to the 3.9% increase last spring. According to Market Watch author Jeffry Bartash The economy expanded at a 2.4% clip last year, the same as in 2014, the Commerce Department said. The U.S. hasn’t topped 3% growth since 2005. http://www.housingwire.com/articles/36149-the-gdp-loses-momentum ❤️ #share #mortgage
For a guy who professes to be materialistic about only cars and cameras, comedian Louis C.K. is showing extraordinary love for real estate. He just bought a fourth apartment in the same West Village co-op where he’s owned for years.
At $564,900, this studio is his priciest Manhattan purchase so far. The eat-in kitchen has been “gut renovated,” with an all-in-one convection and microwave oven, according to the listing by Alejandro Beitler of Compass.
Its ceilings are high, its fireplace decorative and two of its closets walk-in. Pets allowed.
Louis C.K. bought the studio with his ex, Alix Bailey, with whom he professes to have an even better relationship now than when they were married. “I love being divorced,” he said. “Every year has been better than the last … . Marriage is just like the larvae stage for true happiness, which is divorce.”
For getting out of the city, Louis C.K. owns a multi-million-dollar mansion in the Hamptons.
- Tina Fey Snags $9.5M Apartment Above Her Existing Home
- No Joke: Amy Schumer Asks $2M for Manhattan Apartment
- Robin Williams’ Villa of Smiles Finally Sells for $18.1M
from Zillow Porchlight | Real Estate News, Advice and Inspiration http://www.zillow.com/blog/louis-ck-buys-nyc-apartment-191356/
ClosingCorp adds Dave Petro as senior vice president: ClosingCorp, a provider of residential real estate closing cost data and technology for the #mortgage and real estate services industries, announced recently that Dave Petro joined the company as head of sales and business development. http://www.housingwire.com/articles/36154-closingcorp-adds-dave-petro-as-senior-vice-president ❤️ #share #mortgage