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Author Archives: Colin Robins

Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News' sister site.

Capsilon Appoints New Chief Marketing Officer

Capsilon, a provider of cloud-based document management solutions for mortgage lenders and investors, announced that Greg Marek has joined its executive team as chief marketing officer. Marek will oversee all aspects of the company's marketing efforts and grow Capsilon's marketing team.

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Low Inventory Pushes Home Sales Lower, Prices Higher

Short Sales

RE/MAX released its National Housing report for February, which showed that weather and a lack of inventory continued to push homes sales lower and prices higher. Home prices rose 11.6 percent compared to February, 2013. The median price for a home was $180,450, a 4.3 percent increase from the previous month, and continues a streak of 25 months of monthly price increases.

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Lawsuit Filed Against Newly Hired Executive

Move, Inc. filed a lawsuit Monday against Zillow, Inc. and newly hired Zillow executive Errol Samuelson. The suit was filed in the Superior Court of King County, Washington. The lawsuit against Zillow and Samuelson alleges breach of contract, breach of fiduciary duty, and misappropriate of trade secrets.

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Homebuilding Boosts Florida’s Economy

Florida is adding jobs at a pace well ahead of the nation, and one sector in particular is spurring the surprising rate of job growth—homebuilding. Florida's unemployment rate fell .2 percentage points in January to 6.1, according to a report from the Wells Fargo Economics Group.

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FHA Loans Go Green with eClosings

Stewart Title announced Monday the first electronically closed FHA loan in partnership with Mountain America Credit Union. The companies joined to offer customers an eco-friendly and enhanced closing experience with eClosings.

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Were Mortgages Lost from Tight Credit Restrictions?

A study by the Urban Institute calls for "expanding the credit box" in order to promote not only a housing recovery, but an overall economic recovery. The report estimated, "1.22 million fewer purchase mortgages were made in 2012 than would have been the case had credit availability remained at 2001 levels."

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Reports Project Positive Climate for Economic Growth

Two reports issued by the Wells Fargo Economics Group both point towards a positive climate for economic growth, albeit for different reasons. The first report followed FDIC loan performance, noting cyclical improvement in loan performance and a trend favorable for credit quality. The second report commented on underwriting practices.

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Midwest Reflects National Cold Weather Woes

Sales of residential homes in the seven-county metro of Chicago followed a pattern similar to January: rising prices, but the pace of sales slow when compared to the same month last year. According to an analysis by RE/MAX, bitter weather and a small inventory of homes for sale were the primary factors causing reduced sales activity.

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February Gains Point to Seller Optimism

Realtor.com released its February Monthly Housing Trend Report, which showed an increase in listing prices as well as an increase of housing inventory. The increase in both list price as well as inventory points to a "strong early beginning to this spring's home buying season," the report said.

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Baker Donelson Law Firm Hires New Attorney

Baker Donelson has announced that Amanda Berry has joined the Firm's Orlando Office as Of Counsel, defending mortgage lenders, servicers, and investors in consumer finance litigation. She has a particular focus on matters related to lender liability defense, fair debt and collections practices claims, regulatory and compliance issues, and title-related issues.

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