An independent watchdog said he believes that FHA’s downpayment program is in violation of the National Housing Act regarding prohibited sources for downpayment assistance.
Read More »Consumer Confidence in Housing Hits All-Time High
Consumers' confidence in the U.S. housing market is now at an all-time high as two-thirds of consumers who intend to move said they plan to buy a home, according to Fannie Mae.
Read More »Originating Investor Loans: Property DTI vs. Borrower DTI
There are both pros and cons associated with investor mortgage loans underwritten based on property DTI, according to a recent analysis.
Read More »Stress Tests Show GSEs Would Need Another Bailout
Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.
Read More »The Best Markets for Recent Grads to Settle
The younger millennial generation has a seemingly endless checklist of qualifications for where they want to live once they get college out of the way. Where are the best places for them to live based on their checklist?
Read More »OCC Hires New Deputy Chief Financial Officer
The Office of the Comptroller of the Currency (OCC) has appointed Peggy Sherry as Deputy Chief Financial Officer.
Read More »The Week Ahead: Homeowner, Appraiser Opinions Separating
The gap between homeowers' perceptions of what their homes were worth and appraisers' valuations of those homes grew further apart in May. Did that gap narrow in June, or did it grow wider? The industry will find out on Tuesday.
Read More »Housing Markets Look a Lot Like Their Pre-Recession Selves
Based on current permit, price and employment data, the nationwide average is running extremely close to its last normal level of housing and economic activity.
Read More »Government Seeks New Trial in BOA ‘Hustle’ Case
In May, an appellate court overturned a $1.27 billion penalty against Bank of America for Countrywide's "Hustle" verdict. But the government isn't letting the case go away just yet.
Read More »Will Trump’s Economic Advisers Help Housing?
Republican presidential nominee Donald Trump's list of economic advisers is laden with financial industry executives and real estate industry executives. If Trump is elected, will this group's work help to increase the U.S. homeownership rate?
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