The Securities and Exchange Commission’s changes to liquidity risk-management programs were released this week, as expected, and aim squarely at improved compliance and on protecting investors in ongoing risk areas.
Read More »TRID is Chaos, Right? Not So Fast
The introduction of the TILA-RESPA Integrated Disclosure rule, or TRID, in October has led to utter chaos in the mortgage industry—or so some would have you believe.
Read More »Investors Should Beware of the Bargain Bin
Investors looking for a bargain property would do wise to pay attention to the sticker price and not the hype.
Read More »LoanDepot Pulls IPO On Eve of Offering
A statement filed with the Securities and Exchange Commission on Tuesday showed that loanDepot was planning to offer 26.4 million shares of its common stock on Friday, valued at $16 to $18 per share. The move was expected to raise $475 million for the company, which was to be valued at $2.6 billion.
Read More »GSEs’ ‘Recap and Release’ Touted by Former White House Advisors
A pair of former advisors to the Clinton and Obama administrations recently laid out plans to bring the contentious “recap and release” proposal to recapitalize the GSEs and release them from government conservatorship to reality.
Read More »Fannie Mae Challenges Government’s Definition of ‘Affordability’
The U.S. Census Bureau's American Community Survey (ACS) found that more than 18 million homeowner households and more than 20 million renter households experienced housing affordability problems last year, with renters suffering more consistently high “cost burden” issues than owners.
Read More »Consumer Economic & Housing Expectations a Mixed Bag, Survey Shows
While consumers anticipate a better labor market to come, they were mixed about inflation, depending on how deeply into the crystal ball they look, the latest Survey of Consumer Expectations from the Federal Reserve Bank of New York showed.
Read More »Home Prices Rising, Especially on the Lower End
Home prices nationally are still on the incline, most notably in more affordable homes, according to the latest Home Price Index from CoreLogic.
Read More »Lenders Say Mortgage Credit Standards Are Easing
Mortgage lending standards continued to ease across all types of loans in the third quarter, according to Fannie Mae’s most recent Mortgage Lender Sentiment Survey.
Read More »Construction Jobs Aplenty Among Slow Hiring
The number of job openings in construction overall remained stable in July, though hiring in the home construction sector slowed that same month, according the latest figures from the Bureau of Labor Statistics and the National Association of Home Builders.
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