Wednesday morning, the House Financial Services Committee held a hearing entitled “Sustainable Housing Finance: The Role of Ginnie Mae in the Housing Finance System.” Michael R. Bright, Acting ...
Read More »Rising Rent Costs Blocking Homeownership Dreams for Many
It’s no secret that rent prices are taking a big bite out of many Americans’ incomes, especially for those not in a position to purchase a home. Even ...
Read More »How Could Tax Reform Transform the Economy?
Tax reform has been at the top of the agenda for both President Trump and Congressional Republicans in recent months. The Senate version of the tax bill passed ...
Read More »Pending Home Sales Increase: Is it Enough?
On Wednesday, the National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for October, reporting the first rebound after three consecutive months of reduced activity. ...
Read More »Borrowers: Mortgage Loan Limits are on the Rise
On Tuesday the Federal Housing Finance Agency (FHFA) announced the 2018 maximum conforming loan limits for mortgages to be acquired by the enterprises—reporting an overall increase in loan limits.
Read More »Court Rules for Mulvaney, But CFPB Battle May Continue
Although a Washington District Court denied Leandra English's attempt to block Mick Mulvaney as Acting Director of the CFPB, the legal battle likely is not yet over.
Read More »Up, Up, and Away . . .
On Tuesday, S&P CoreLogic Case-Shiller released its National Home Price Index—reporting prices continue to take off. Find out what other trends and challenges the latest data reveals about the market.
Read More »Senate Budget Committee Approves Republican Tax Bill
The Senate Budget Committee approved the Republican tax bill Tuesday afternoon, clearing another hurdle for the legislation and putting it on track for a full Senate vote.
Read More »Senate Banking Committee Grills Jerome Powell
The Fed Chair nominee faced questions from both sides of the aisle, during which he called for smarter regulation, described cybersecurity as one of the primary threats to the financial system, and described housing reform as “unfinished business.”
Read More »Why the CFPB Acting Director Role Matters
Former CFPB attorney Richard Horn breaks down what two Acting Directors means from the novel legal issues it raises to the decision-making power the Acting Director possesses.
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