On Thursday, HUD Secretary Ben Carson fired back against accusations that proposed changes to the HUD mission statement represented a rolling back of the agency's commitment to fair housing practices. Carson ...
Read More »Industry Responds to President Trump’s Import Tariffs
On Thursday afternoon, President Trump instituted import tariffs on foreign steel and aluminum. Calling the tariffs a push back against foreign competitors’ “assault on our country,” President Trump signed ...
Read More »More Millennials Embracing Conventional Mortgage Loans
The most recent Ellie Mae Millennial Tracker data shows that 67 percent of closed loans secured by millennials were conventional. This represents the highest percentage in two years ...
Read More »100 Most Dangerous U.S. Cities
NeighborhoodScout, a web-based analytics platform, recently released its 2018 list of the Top 100 Most Dangerous U.S. Cities. They compiled the list by examining violent crime reports of cities with ...
Read More »Consumer Housing Sentiment Slips
The U.S. housing market may be starting to get volatile. Fannie Mae's latest Home Purchase Sentiment Index report found that consumer confidence in housing took a hit in February. The worry ...
Read More »Senate Debates Dodd-Frank Modifications on Way to Full Vote
On Wednesday, the Senate entered its second day of debate over the Economic Growth, Regulatory Relief, and Consumer Protection Act. The bill enacts modifications to the Dodd-Frank Wall ...
Read More »Four Financial Services Bills Pass the House
All eyes were on the Senate Tuesday afternoon as it took up discussion of the Economic Growth, Regulatory Relief, and Consumer Protection Act, a bipartisan bill that would ...
Read More »Veros Launches VeroPACE to Assist Lender Compliance
Veros Real Estate Solutions (Veros), a Santa Ana, California-based provider of data, analytics, and technology for the mortgage banking industry, has developed a solution for lenders specializing in PACE (Property ...
Read More »Freddie Mac Portfolio Up $2.4 Billion
Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest ...
Read More »Mortgage Rates, Home Prices on the Upswing
On Tuesday, the Federal Housing Finance Agency released its latest FHFA Index, showing interest rates on conventional purchase-money mortgages on the rise between December 2017 and January 2018. ...
Read More »