One economist recommends four steps the next president can take in order to “make the housing market great again.”
Read More »Agencies Propose Changes for Determining TILA Exemption
Three government agencies have jointly issued a proposal detailing the methodology that will be used to determine the thresholds at which certain small loans will be exempt from TILA.
Read More »SunTrust’s Q2 Profits Rise, Driven by Mortgage Income
Continuing a second quarter theme exhibited by many the country’s largest banks, revenue from the mortgage segment was largely responsible for improved earnings in Q2 for SunTrust.
Read More »New Bills Take Aim at Making Housing More Affordable
In response to the rapid home price appreciation the country has experienced in the last four to five years that is keeping many would-be first-time buyers out of the housing market, one U.S. Senator has drafted legislation that would provide access to affordable housing.
Read More »Fed Rate Hike is Unlikely Until After Election
Economists generally believe that the Fed will not raise rates until after November's presidential election, if they do at all this year, according to a survey.
Read More »Post-Brexit Volatility is Waning
Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.
Read More »Which Markets Respond Best to Housing Demand?
Nationwide, housing supply is low while prices continue to rise. What markets have been able to respond best to the increased demand for housing?
Read More »Senators Push CFPB to Exempt Credit Unions
A few months ago, three-quarters of the U.S. House of Representatives urged the CFPB to exempt credit unions from its rulemakings. Now, a majority of U.S. Senators are petitioning the Bureau.
Read More »FHA to Insure Mortgages with Clean Energy Assessments
The Federal Housing Administration announced it will insure mortgages on some properties that include Property Assessed Clean Energy (PACE) assessments.
Read More »Goldman Sachs Profits: A Tale of Two Quarters
The first and second quarters of 2016 told two different stories for Goldman Sachs as far as earnings and overall business operations.
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