The U.S. Department of Housing and Urban Development (HUD) announced initiatives to reduce associated risks with cash-out refinance lending. Changes are aimed to help preserve the homeowners’ ability ...
Read More »Tackling Discrimination in Housing
A proposal from HUD on the Fair Housing Act would target “disparate impact,” or unintentional discrimination. Find out what critics and proponents have to say.
Read More »Fed Slashes Interest Rates
Interest rates have been cut for the first time in a decade, as the Fed announced Wednesday that rates will drop by a quarter of a point. According ...
Read More »Five Star’s Delgado Addresses Industry at Disaster Symposium
Industry leaders from organizations such as Fannie Mae, Freddie Mac, and more converged on New Orleans for the 2019 Five Star Disaster Preparedness Symposium. Click through for details on the important discussions unfolding at the event.
Read More »Interest Rates and the Impact on Mortgages
A new report issued by WalletHub found that there is a 78% chance the Fed drop interest rates on July 31, and that mortgage rates will fall if ...
Read More »Consumers Gain The Edge in Housing Market Shift
First American Financial Corporation’s Home Price Index (HPI) revealed that consumer home-buying power increased 1.3% in May 2019 and 9.3% year-over-year. The HPI states real house prices dropped ...
Read More »Home Building Drags as GDP Increases
Despite home building and remodeling's drag on economic growth, real GDP growth exceeded expectations in Q2 2019.
Read More »The GDP Report’s Impact on the Fed
Friday’s release of the gross domestic product could have a large impact on the Fed’s decision to slash interest rates on July 31.
Read More »FHA Loans Could Cost Less for Homebuyers
A recent bill passed by the House could help first-time buyers, especially from low-income households, save costs of homeownership. Here’s how.
Read More »CFPB Announces Equifax Settlement
The settlement will provide up to $700 million in monetary relief and penalties following the 2017 data breach of Equifax’s systems that impacted approximately 147 million consumers.
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