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Author Archives: Staff Writer

New Home Sales Exceed Expectations

There was no seasonal, holiday slowdown for new home sales, as buyers showed their increasing demand for housing by purchasing more homes since the end of the financial crisis.

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Rising Home Prices not Enough to Offset Weak Spots in Economy

In the midst of what some are calling a global crisis—due to weaknesses in the energy sector and stock market combined with the effects of an overly strong U.S. dollar—home prices continue to move upward. Despite this however the housing sector is just not large enough to carry the weight of the world.

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What’s Eating Credit Unions?

Northwest Federal Credit Union President and CEO Chris McDonald discuss some of the hot-button issues affecting credit union in today's mortgage industry. Editors Note: If you want to read more about what today’s top credit union executives have to say about their businesses, be sure to catch the February 2016 print edition of MReport, where hot topics affecting credit unions will be explored in-depth.

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CFPB’s Authority in Question over Legal Battle

CFPB

One case in the Consumer Financial Protection Bureau's portfolio has many in the mortgage industry questioning whether or not the organization's power and authority is used unjustly. Unlike other government agencies, the power of the agency is left on one man's shoulders: CFPB Director Richard Cordray.

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