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Author Archives: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

DS News Webcast: Friday 11/20/2015

U.S. Senators Bob Corker and Mark Warner have introduced a bipartisan amendment to H.R. 2577, the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act in an effort to spur substantive and structural housing finance reform. The amendment, known ...

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Shrinking REO Inventory Drives Down Cash Sales Share

At their peak in January 2011, cash sales accounted for nearly half of all residential home sales in the United States (46.5 percent). Since then, that percentage has steadily declined; in August 2015, it was reported at 31.7 percent, less than one-third of all home sales—a decline of more than 3 percentage points from August 2014, when it was 34.9 percent.

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DS News Webcast: Thursday 11/19/2015

The state of Ohio is taking steps to remedy the vacant and abandoned property crisis, and the rest of the country may follow suit. A bill that would reduce foreclosure timelines and therefore shorten the amount of time that residential ...

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DS News Webcast: Wednesday 11/18/2015

Federal Reserve Chairman Janet Yellen on Tuesday wrote a letter to newly-appointed Speaker of the House Paul Ryan and House Democratic leader Nancy Pelosi urging Congress to reject a proposed bill that would increase transparency for the Fed. H.R. 3189, ...

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DS News Webcast: Tuesday 11/17/2015

The Federal Housing Administration’s Mutual Mortgage Insurance Fund gained $19 billion in economic value during Fiscal Year 2015, pushing its capital ratio past the 2 percent threshold required by Congress, according to HUD’s annual report to Congress released Monday morning. ...

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DS News Webcast: Monday 11/16/2015

Foreclosure, REO, News, Webcast

On the day before it was set to go public, loanDepot Inc., announced it would delay its initial public offering amid volatile market conditions. According to a statement filed with the Securities and Exchange Commission on Tuesday, the lender was ...

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Democratic Lawmakers Warn of Risks Posed by Repeal of Dodd-Frank Provision

The investigation conducted by the two lawmakers found that repealing Section 716 of Dodd-Frank allows banks to keep nearly $10 trillion in swaps trades on the books that would be “pushed out” to entities that are not insured with taxpayer funds, if not for the Dodd-Frank rollback. Section 716 was intended to prevent taxpayer bailouts of federally-insured banks with risky swap holdings.

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