Government

During the Five Star Conference and Expo, Five Star President and CEO Ed Delgado called upon the mortgage industry to be united, for it’s not about one voice, it’s about collective voices sharing a common vision.

More controversy surrounding the Consumer Financial Protection Bureau has recently emerged regarding the way they are collecting data on credit offerings to small businesses. The Bureau is looking into how lenders identify and classify small businesses when deciding whether or not to provide a loan, as mandated by the Dodd-Frank Act.

The Federal Housing Finance Agency (FHFA) released its July 2017 Refinance Report, showing that total refinances for the month were down, which the report attributes to the fact that mortgage rates are still higher than they were year-over-year.

The National Association of Realtors’ (NAR) Iona Harrison, Chair of NAR’s Federal Taxation Committee, testified before the Senate Finance Committee Thursday during a hearing entitled “Individual Housing Reform.”

The U.S. Senate has officially confirmed Pamela Patenaude to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). According to a press release ...

Today President Trump announced the intent to nominate Federal Housing Administration Veteran Brian Montgomery to Assistant Secretary of Housing and Urban Development, Federal Housing Commissioner. See what issues he thinks should be addressed if confirmed.

Though the Federal Reserve has indicated a third 2017 rate hike in their latest projections, recent happenings could delay the increase until the end of 2018.

After leaving 27 dead in the Caribbean, Category 4 Hurricane Irma made landfall in the Florida Keys Sunday morning. See how the mortgage industry is banding together to help those affected.

Treasury yields are commonly linked to mortgage interest rates, and Friday saw a drop in yields for the 10-year, 30-year, and 2-year bonds in anticipation of speeches given by Esther George, President and CEO of the Federal Reserve Bank of Kansas City, and Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia.

Loretta Mester, President of the Cleveland Federal Reserve, issued a statement on her thoughts on current monetary policy, the economic outlook, and words of wisdom concerning the Fed’s approach to raising interest rates.