Home / Author Archives: Tory Barringer

Author Archives: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.

Leading Economic Indicators Grow at Moderate Pace

Manufacturing growth slowed from December to January, according to an early February report from the Institute for Supply Management. Meanwhile, permits for future home construction dropped 0.7 percent month-over-month to a seasonally adjusted annual rate of 1.05 million, the Commerce Department said.

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Fannie Mae Reports Reduced Income for Q4, Full Year 2014

Based on its net worth—about $3.7 billion—Fannie Mae said it will pay $1.9 billion in dividends to Treasury, per the terms of the GSEs' amended bailout agreement. As of March, the company will have paid a total of $136.4 billion to taxpayers on the $116.1 billion it drew as a result of the financial meltdown.

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LenderLive Network Appoints EVP of Operations and Client Management

In Colorado, domestic end-to-end mortgage services provider LenderLive Network recently introduced its newest addition: Shana Lakso has joined the company has EVP of operations and client management for its mortgage services units.

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Zillow Completes Acquisition of Trulia

Days after getting the nod from the Federal Trade Commission, Zillow has finally completed its $2.5 billion acquisition of Trulia, the companies announced jointly Tuesday afternoon.

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Freddie Mac Turns Profit for Q4, Full Year 2014 Despite Losses from Derivatives

Freddie Mac's fourth-quarter profit only make up a fraction of what it will pay to the government in March. Per the terms of its bailout agreement, the company will hand $900 million over the Treasury, bringing its total payback to $91.8 billion—nearly $20 billion more than what it was forced to draw to keep from going under.

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Analyst Forecasts Low Homeownership Rates Among Job Fields With Most Growth

forecast

A recent study from Freddie Mac turned up some discouraging results to throw some cold water on economists' high hopes: The job fields that are expected to grow most in the coming years happen to have some of the lowest homeownership rates.

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Fed: Household Debt Increases

Balances went up across most categories, led by a $39 billion increase in mortgage debt to a total of $8.2 trillion. Student loan debt—a commonly cited obstacle for recent college graduates interested in owning a home—followed closely, increasing $31 billion to a total of $1.2 trillion.

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Report: DOJ Pushing to Charge Individuals for Roles in Mortgage Meltdown

Attorney General Eric Holder has given U.S. attorneys across the country 90 days to judge whether or not they want to bring cases against specific individuals for their alleged roles in 2008's mortgage crisis, according to reports.

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RedVision Celebrates Huge Growth in Abstracting Coverage

RedVision, an independent provider of real property title data, search examination, and curative-ready solutions to customers nationwide, announced Tuesday that it has expanded its in-house abstracting coverage by 154 percent since 2013—and it's only expected to keep growing. As of ...

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