Home >> Author Archives: Seth Welborn

Author Archives: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.

GSE Reform: What It Means for Borrowers

In the event of another market crash, congress is taking action to prevent further cost to taxpayers by introducing reform to the GSEs. However, how might this reform impact Fannie and Freddie's borrowers?

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Monitoring the Mortgage Market

Increases in home price may not be good for buyers, but it is for mortgage performance, according to a recent report. What else could be contributing to the improved outlook?

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Altisource Completes $106.5 Million Property Purchase from Amherst

This is Amherst’s second transaction with Altisource Residential. Amherst and Altisource Residential have agreed to transact on up to an additional 2,750 single family rental properties in 2017. Under the terms of the agreement, Altisource Residential has purchased a 100 percent equity interest in the portfolio, and Amherst sponsored entities are providing seller financing equal to 75 percent of the sale price.

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CFPB Questions Court Decisions

Previously, the Trump administration had indicated its support the D.C. Court’s initial ruling, which would make CFPB Director Cordray eligible to be fired at will by the president. Although the CFPB had argued against the administration’s interpretation of the bureau’s constitutionality, the Trump administration has the support of the D.C. Circuit Court.

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Sun Bancorp Elects Director

On Tuesday, Sun Bancorp, Inc, the holding company of Sun National Bank, announced that the board of directors has elected James B. Lockhart III as a Director. Lockhart ...

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The Week Ahead: Waiting for Housing Starts to Pick Up

Many analysts have cited new home construction as the key to solving the inventory problem, but both housing starts and permits took a step back in the most recent New Construction Report from HUD and the Census Bureau. Will starts and permits pick up again?

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Uncertainty Clouds Fed’s Economic Outlook

Fed

According to the Federal Open Market Committee, participants expect the economy to continue to expand at a moderate pace and for the labor market to strengthen further, but uncertainty lingers among FOMC members as to the new administration's fiscal policy.

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