Daily Dose

Genworth Mortgage Insurance , a subsidiary of Genworth Financial, Inc., recently announced an exclusive partnership with Roostify, a web and mobile platform that streamlines and accelerates the home buying process.

Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, delivered a public address on Tuesday on the committee’s plan to offer what he terms a “bold and better” alternative to the Dodd-Frank Act, according to an announcement from the committee.

Despite the mostly stagnant homeownership report, the number of Hispanic buyers entering the market has continued to grow over the last five years. The only homeownership rate to see a spike, Hispanics will likely be the primary driver of new homeowners for the next decade and beyond.

The U.S. banking industry's period of recovery and release have come to a close and significantly higher credit costs lie ahead which will indeed affect these institutions' first quarter earnings.

The revamped rule appears to be weighing heavy on the minds of many in the mortgage industry as is brings about several new data point requirements that must be fulfilled by lenders.

Confidence among home builders has been on a series of ups and downs over the last few months, showing slow, but continued progression in the single-family sector, but they are still faced with concerns about labor and lot shortages.

Fifty-one percent of repeat homebuyers, reported that they experienced unexpected costs, fees, or surprises in their most recent home buying experience, according to a recent survey.

The expectations of consumers toward inflation, the economy, housing, personal finances, and the labor market were up across the board, which suggests that expectations are on the rebound.

Household holdings of real estate grew much faster than the aggregate amount of mortgage debt outstanding among homeowners year-over-year, ultimately causing home equity to increase.

Jerry McCoy, Senior Policy Advisor to The Collingwood Group, talked with MReport about the full circle of compliance and how the mortgage industry should be taking on these rules.