SunTrust Mortgage is exiting broker lending --

The changing mortgage landscape continues to impact large banks and lenders, with SunTrust Mortgage announcing plans to exit broker lending, effective Dec. 31, 2013.

Mortgage insurer Essent Group prices IPO at $17 a share --

Mortgage insurer Essent Group priced its initial public offering above expectations at $ 17 a share, expecting to raise nearly $ 335 million.

RealtyTrac: Older housing stock offers attractive bargains --

Americans shopping for real estate don’t necessarily have the pickings when it comes to a home’s age. New data from RealtyTrac’s Aging Home Analysis shows that more than 70% of single-family U.S. homes were built before 1990.

State AGs ask Supreme Court to keep disparate impact alive --

A recent lending discrimination case settled in Massachusetts illustrates why state attorneys general are pushing to keep the legal theory of ‘disparate impact’ alive as they pursue Fair Housing Act discrimination claims. But the lending community is pushing back just as hard, taking the fight all the way to the U.S. Supreme Court.

HW 30 falls after Fed keeps the printing presses running --

It’s difficult to gauge how the housing market viewed the Federal Reserve’s decision to keep acquiring mortgage-backed securities and Treasurys at its current pace on Wednesday. Either way, the HW 30 stock index reacted and not positively.

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