While one economist noted that the tone of the FOMC's announcement was largely positive, the Committee also said they expect inflation to stay well below the target of 2 percent for the foreseeable future.
Read More »Is Tight Supply Squeezing Demand?
Low inventory does not seem to be adversely affecting sales. Is it affecting demand?
Read More »Political Discussions Around Homeownership Heat Up
The two major party presidential candidates have not said much about housing. Lawmakers and industry stakeholders are bringing the issue back to the forefront, however.
Read More »How New Servicing Rules Affect Community Lenders
Post-crisis Wall Street reform actions were aimed at preventing larger banks from engaging in risky financial practices. How have smaller institutions been affected?
Read More »Agencies Propose Changes for Determining TILA Exemption
Three government agencies have jointly issued a proposal detailing the methodology that will be used to determine the thresholds at which certain small loans will be exempt from TILA.
Read More »Obama, Warren Assess Progress of Wall Street Reform
President Obama met with Sen. Elizabeth Warren, the primary architect of the Consumer Financial Protection Bureau and a champion of Wall Street reform, over the weekend to talk about how far the American financial system has come since the crisis.
Read More »Economic Uncertainty Fuels House-Buying Power
Record-low yields on U.S. treasuries are keeping mortgage rates down near all-time lows, which in turn is driving increases in house-buying power and affordability.
Read More »The Week Ahead: The Ups and Downs of New Home Sales
New home sales rode high in April, but were shot down in May. How will they do in June? The industry will find out when HUD/Census Bureau release June's report.
Read More »SunTrust’s Q2 Profits Rise, Driven by Mortgage Income
Continuing a second quarter theme exhibited by many the country’s largest banks, revenue from the mortgage segment was largely responsible for improved earnings in Q2 for SunTrust.
Read More »New Bills Take Aim at Making Housing More Affordable
In response to the rapid home price appreciation the country has experienced in the last four to five years that is keeping many would-be first-time buyers out of the housing market, one U.S. Senator has drafted legislation that would provide access to affordable housing.
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