Though many experts have said housing finance reform is unlikely this year, the time is now to explore the fundamentals of how that reform could happen. Uniform and transparent measures of credit risks will play a key role—whether it’s in 2016, 2017, or beyond. Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.
Read More »BofA Breaks Free From Financial Crisis Burdens
With the release of the company’s Q1 2016 earnings statement right around the corner, Bank of America CEO Brian Moynihan said in his letter to shareholders in the 2015 Annual Report that the bank is “no longer clouded over by heavy mortgage and crisis-related litigation and operating costs.”
Read More »Mortgage Lenders Prepare for the HELOC Wave
Banks across the U.S. are making a valiant marketing effort to encourage homeowners to take cash out on their homes, an unusual move not seen since the housing bust.
Read More »Which States Offer the Best Credit Scores?
A good credit score is necessary for many of life's necessities, especially for obtaining a mortgage loan. So where can lenders find borrowers with the best and worst credit scores in the U.S.?
Read More »The Ultimate Comeback—Pending Home Sales Exceed Expectations
Despite the rough start to the year, pending home sales recently rose to their highest level in seven months and are still higher than a year ago.
Read More »10 States Where Home Prices are Rising Fastest
Home prices have been consistently rising for the last few years and although the pace has slowed, they are still ticking upward in these 10 housing markets.
Read More »The Week Ahead: Government, Servicing Leaders Pave Regulatory Path
Leaders from both servicing and government will join together Thursday, March 31, at the 7th Annual Five Star Government Forum at the Newseum in Washington, D.C. to explore the effect that rules of regulation that originates in Washington, D.C. are having on the mortgage servicing industry and homeowners.
Read More »Mortgage Originator Profitability on Shaky Ground
Although interest rates have been at historical lows, they are significantly up from 2012 lows. Not only has this caused many eligible refinancers to shy away from the market, but originators' profits are also suffering.
Read More »White House Top Housing Adviser Departs
Michael Stegman, who currently serves as the National Economic Council's top housing adviser at the White House, is stepping down from that position, a Treasury spokesperson confirmed to MReport.
Read More »Economy Receives a Slight Boost—Or Does It?
Residential fixed investment was at its highest level in eight years. How did that figure into the GDP?
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