On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was ...
Read More »Mulvaney: New CFPB Strategic Plan Provides “Clarity and Certainty”
4:51 p.m. CST // On Monday afternoon, the Consumer Financial Protection Bureau officially released its strategic plan for fiscal years 2018 - 2022, confirming a shift away from enforcement ...
Read More »Industry Reacts to Passing of Mortgage Choice Act
On Thursday, the House voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017. This bipartisan legislation would preserve consumer choice and help more Americans— especially those with low- and moderate-incomes and first-time homebuyers—achieve the American Dream of homeownership.
Read More »Stress Test Scenarios: Home Prices and Mortgage to Rise
Unemployment, exchange rates, prices, income, and interest rates are some of the economic factors that will reveal whether banks in the U.S. are armed with robust capital planning processes ...
Read More »CoreLogic to Redistribute GSE Credit Risk Transfer Data
CoreLogic, a leading global property information, analytics, and data-enabled solutions provider, announced it is redistributing credit risk transfer (CRT) loan-level data from Fannie Mae and Freddie Mac. The ...
Read More »FHFA’s 2018 Goals: Liquidity, Stability, Access in Housing Finance
The Federal Housing Finance Agency (FHFA) released its strategic four-year plan from 2018 to 2022 reflecting the agency’s priorities as the regulator of the Federal Home Loan Banks ...
Read More »What Do Potential GSE Changes Mean for FICO?
The Federal Housing Finance Agency recently released a Request for Input seeking feedback about the possibility of changing the credit scores the GSEs requires lenders to use to evaluate borrowers. According to ...
Read More »Appeals Court CFPB Reversal Charts Course for Supreme Court
In a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the ...
Read More »Fair Weather or Headwinds for the State of Housing?
On Tuesday evening, President Trump delivered his State of the Union address before the Congress. The White House released excerpts from the speech before it began, highlighting a ...
Read More »Homeownership, Vacancy Rates Flat Year-Over-Year
Both homeownership and homeowner vacancy rates were flat in year-over-year change during Q4 2017, according to the latest quarterly Residential Vacancies and Homeownership report released by the U.S. ...
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