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Daily Dose

This Year’s Housing Forecast Looks a Lot Like 2006

Inconsistencies in the economy during the first quarter have not dampened Freddie Mac’s forecast for housing for the coming year. Freddie Mac has held fast to its prediction that 2016 will be the best year for housing since before the crisis. Why is the outlook for housing so rosy?

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Ocwen Hit by Another Wave of Losses

The tough first quarter for Ocwen suggests an ongoing trend for non-bank mortgage servicers—even though they have a much larger share of the mortgage market than they did just four years ago, they are having difficulty profiting.

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Fed Freezes on Rate Hike

Even though the housing sector has shown further improvement, the Federal Open Market Committee dodged another rate increase this month like many in the industry predicted.

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