Those hoping for relief from mortgage insurance rates will have to keep waiting, as the Trump Administration suspended the premium reduction indefinitely right after the administration began.
Read More »Realtors Show Bright Outlook for Sales and Demand
A recent survey of realtors revealed an optimism for the housing market for 2017, but even so, there were still a couple of concerns on their minds.
Read More »Uncertainty Tempers Economic and Housing Forecast
The U.S. economy is projected to grow 2 percent in 2017, according to Fannie Mae, though that could change as the new administration’s policies become more clear.
Read More »Rental Rates Falter While Home Prices Soar
The past year saw extremely high demand for homeownership, causing nationwide home prices to rise considerably higher by the end of the year.
Read More »HARP-Incentivized Borrowers are Concentrated
Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.
Read More »The CHOICE Act: The Solution or the Problem?
With so much talk lately around the possibly of the soon-to-be-installed Trump Administration rolling back regulations for the financial industry, the House Financial Services Committee Chairman is making his case for the Republicans’ Dodd-Frank alternative, the Financial CHOICE Act.
Read More »Wells Fargo, NeighborWorks Combine to Boost Homeownership
Wells Fargo has announced the latest target area for NeighborhoodLIFT program, an initiative designed to boost homeownership at the local level.
Read More »Home Equity is on the Rise for Seniors
Home equity overall has been steadily increasing since negative equity peaked a few years ago. One particular group that has benefited from home price appreciation creating equity over the last few years is the age 62 and up crowd.
Read More »To Protect Homebuyers During a Recession . . .
A more clearly-defined government role and a framework of countercyclical policy tools to protect homebuyers—and the overall economy—during downturns and recessions, according to the U.S. Department of Treasury.
Read More »Credit Unions to OCC: Hold FinTechs to Same Standards
A representative from the National Association of Federally-Insured Credit Unions has petitioned the Office of the Comptroller of the Currency to regulate and supervise FinTechs in the same manner as other financial institutions.
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