The GSEs’ mortgage portfolios are being reduced at a rapid rate with the impending total loss of their capital buffer. What does this mean for Fannie Mae and Freddie Mac in terms of a financial bailout?
Read More »Housing Discrimination? Not on HUD’s Watch
In an effort to address fair housing activities, HUD has announced that it is making a multi-million dollar grant available to organizations that advocate against discriminatory acts in the housing market.
Read More »Construction One Step Closer to Resolving Supply Issues
After experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry, U.S. construction spending bounced back in March, the U.S. Census Bureau of the Department of Commerce announced Monday.
Read More »Existing Sales Rise Above Market Volatility
Global market turmoil coupled with supply and demand troubles have not been enough to restrain home sales, which continue remain on a strong path supported by positive labor gains.
Read More »It’s Not Just the GOP Trying to Roll Back Dodd-Frank
Lawmakers’ efforts to chip away at the Dodd-Frank Wall Street Reform and Consumer Protection Act have come almost exclusively from the Republican side of the aisle—until now.
Read More »Affordability Muted by Rapid Home Price Growth
Although mortgage interest rates continue to remain at historical lows, the benefits of this current environment are not being taken advantage of by borrowers due to one pressing factor in the market: surging home price increases.
Read More »The Week Ahead: Will the GSEs Need a Bailout This Week?
Fannie Mae and Freddie Mac are set to release its first quarter earnings statement this week, and after rough weeks of earnings so far, many in the industry are fearing the worst concerning the profitability of GSE. Is yet another taxpayer-funded bailout upon us?
Read More »A House Win For State Insurers
The House Financial Services Committee unanimously passed a bill this week that lifts certain restrictions placed on insurance companies by the federal government and gives states more flexibility to license and regulate private flood insurance.
Read More »Ocwen Receives Mixed Review from Monitor
An independent monitor for the National Mortgage Settlement reported that Ocwen has fulfilled its consumer relief obligation under the NMS. But the news wasn't all good.
Read More »Homeownership Rate Drops, But Not For Everyone
The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.
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