JPMorgan Chase has satisfied its $4 billion consumer relief obligation under the terms of a November 2013 RMBS settlement.
Read More »Freddie Mac Forecasts Q3 Origination Surge
The housing market has remained a bright spot in the U.S. economy, according to the latest outlook from Freddie Mac.
Read More »Fed Opts Against Rate Hike. . .For Now
Fed policymakers voted against raising the federal funds target rate for the time being.
Read More »Inventory is Making a Comeback in Some Markets
The bad news is that on a nationwide basis, housing inventory continues to decline. The good news is, according to one analysis, it will not last forever.
Read More »CFPB Provides Closer Look at Updated Servicing Rules
Representatives from the Consumer Financial Protection Bureau briefed attendees of the Five Star Conference and Expo on the recent updates to the Bureau's updated mortgage servicing rules.
Read More »What is Driving Existing-Home Sales Potential Upward?
While still not at its full potential, the existing-home sales market is getting closer. What factors are behind the improvements?
Read More »Congress Grills Wells Fargo CEO Over Controversy
Wells Fargo Chairman and CEO John Stumpf sat before the Senate Banking Committee on Tuesday and profusely apologized for the controversy that has rocked all sectors of the financial industry in the last two weeks.
Read More »Optimism Reigns Despite Dropoff in Housing Starts
Single-family housing starts reversed course in August after several months of gains. Why are market participants still optimistic about single-family housing?
Read More »Families in Newly-Built Homes are Living Larger
While recent analysis indicates that newly-built rental housing units span the least number of square feet since the crash, research shows that newly-constructed single-family homes are going in the opposite direction.
Read More »Builder Confidence Soars to 11-Month High
Builder confidence has been up and down all year, but experienced a surge in September.
Read More »