HOA Liens, Private Label Bailout?, CFPB Crackdown, Sellers Want More, Real Estate Keys, Basel III Challenges, Rental Demand Growth, The Stress of Moving, US Treasury Mortgage Aid, Manhattan RE, RPX Report, Fundamentals Favor Investors, Homeownership Rates Drop

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find of the week (has link) Sperlonga Publishes White Paper On HOA Liens - by MortgageOrb.com 
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(Private Label Bailout coming? U.S. Mortgage Refinancing Push Said to Move Forward in Congress – By Clea Benson & Cheyenne Hopkins – The U.S. Treasury Department and members of Congress are preparing to move forward with plans to expand government-backed refinancing programs to underwater homeowners whose loans are packaged in private-label securities. – Bloomberg

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CFPB’s Mortgage Crackdown – It’s great that the bureau is making it harder to buy a house. - By Matthew Yglesias – Slate

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Survey: Optimism over Prices Has Sellers Holding Off - BY: TORY BARRINGER – Redfin’s latest survey of homeowners presented a mixed bag for future inventory, the company reported. According to Redfin’s latest Real-Time Seller Survey, 81 percent of sellers believe home prices will rise in their area over the next year, up from 75 percent in the fourth quarter of 2012…. – The M Report

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Have The Keys To Real Estate Wealth Changed? – by Peter Millefr – It used to be that there were certain strategies which lead to financial stability and sometimes even wealth, but one has changed remarkably during the past few years: Savings. A major reason to save has simply been demolished, something which is not good either for individuals or the economy.Ourbroker.com

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ASF panelists: Basel III to challenge RMBS market – By Christina Mlynski – Analysts attending the American Securitization Forum in Law Vegas warned Sunday that Basel III will have a negative impact on the securitization market.  – Housingwire 
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Rental demand to grow by 6.6 million through 2016 – by Christina Mlynski – … with about 4.2 million new renters attributing to the total. … – Housingwire

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Does Atlanta Have Too Many Foreclosures Being Converted To Rentals? – BY DONNA S. ROBINSON – Realty Biz News
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(interesting, on the stress of moving) Is Moving Worse Than Divorce, Death Or Dentists? – By Peter G. Miller – Ourbroker.com 
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Treasury’s Stegman Calls for Broader Underwater Mortgage Aid – By Clea Benson & Jody Shenn – The Obama administration will work to refinance mortgages for so-called underwater borrowers whose loans are in private-label securities, U.S. Treasury Department official Michael Stegman said today in a Las Vegas speech. Treasury may act unilaterally to aid borrowers who owe more than their homes are worth if Congress doesn’t pass legislation providing assistance, … “whereas under our existing authority, Treasury could only modify the most deeply underwater loans and pay investors for some amount of forgone interest,” Stegman said. – Bloomberg
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House of shards: Street bonus woes slam NY housing market – By MARK DECAMBRE – NY Post

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Optimists Are Ignoring Two Key Points About The US Housing Recovery – Mamta Badkar – Everyone has been celebrating the recent increase in U.S. home prices. But in the latest RPX monthly housing market report, Quinn Eddins, Director of Research at RadarLogic writes that it is too early to call a housing recovery. … Eddins writes that the “public discussion has missed a critical point”, that the gain reflects the weakness of home prices in 2011, more than the strength in 2012. …Business Insider

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(charts) FRED Chart: Mortgage Delinquency Rates Up Again, Fundamentals Favor Investors – BY DONNA S. ROBINSON – Realty Biz Daily 
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U.S. homeownership rate continues to slip – kpanchuk – … Overall, the U.S. homeownership rate slipped to 65.4% in the fourth quarter of 2012, down 0.6 percentage points from 66% in the fourth quarter of 2011 and a slight drop from a homeownership rate of 65.5% the previous quarter. “The fact that the housing recovery is being driven principally by investor demand means that the slight decline in the homeownership rate in the fourth quarter is unlikely to be the last,” said Capital Economics. … – Housingwire

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