The proposed rules would seek to provide banks with forms of regulatory relief and tie up insolvency concerns for those considered too big to fail.
Read More »The End of MHA
The Making Home Affordable program ended on December 31 and the Treasury recently released Q4 2016 results, detailing the improvements made since 2009 and the assessing the quality of certain servicers.
Read More »Home Prices in Some ZIP Codes Average Seven Figures
Notoriously expensive New York state ranks high on the list, but surprisingly, New York’s most expensive ZIP code is not in Manhattan.
Read More »Lenders See Tech Integration As Key to Loan Cycle
As Fannie Mae has reported in its most recent Lender Sentiment Survey, lenders’ experiences with next-generation technology service providers (TSPs) has varied greatly. But nearly all see integration as the future.
Read More »More Builders are Going Green
Twenty-two percent of builders almost always have their homes “green” certified by one of several standards.
Read More »Credit Loosens as Investors Step In
Mortgage credit is up month-over-month thanks to more investors getting into the market and streamlined documentation loans by FHA, one report shows.
Read More »U.S. Home Flipping at a 10-Year High
The share of flipped homes purchased by flippers with financing increased, while the median age of homes flipped increased to 37 years.
Read More »Poll: Battleground States Don’t Want CFPB Overhaul
A recent poll of battleground states showed 51 percent don’t want to see an overhaul of the Consumer Financial Protection Bureau.
Read More »The Spread of Bad Underwriting
Data from University Financial Associates shows that in the years leading up to the financial crisis in 2007, lenders sought after more and more ways to lend to marginal buyers.
Read More »D.C. Court Rejects Intervention in CFPB Litigation
The $109 million disgorgement order from CFPB to PHH remains at the center of the litigation and CFPB Director Richard Cordray is at risk of being fired by President Trump.
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