News

With the fall season well underway, the housing market is showing signs of slowing down with declines in demand and inventory.

Freddie Mac reported a net loss of $475 million for Q3 2015 in its 10-Q filing with the Securities and Exchange Commission on Tuesday, the first time the GSE has reported a quarterly net loss in four years.

The U.S. Supreme Court recently decided to deny revival of a suit involving allegedly false statements made about toxic residential mortgage-backed securities by Standard & Poor’s rating agency.

Homeownership may have declined in 2014, but there are other trends and factors such as marriage and children, education, demographics, and lifestyle that influence how consumers operate in the market.

Home prices are showing no signs of slowing down, which continues to prove the housing market's health. However, the rise in prices are causing some markets to become overvalued.

Banks need to take steps now to avoid emerging credit risk in today’s financial system in order to prevent another financial meltdown, according to Comptroller of the Currency Thomas Curry in a public address on Monday.

Banks lowered mortgage lending standards in the third quarter of 2015, according to the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices.

The U.S. House of Representatives has postponed voting for a bill that will limit the salaries of Fannie Mae and Freddie Mac CEOs due to a hefty lineup of other legislation to tend to. The vote was originally scheduled to take place last week.

Supply and demand challenges are expected to slow down existing-home sales to early summer levels at 5.44 million units, according to Auction.com’s Real Estate Nowcast.

The Federal Reserve recently proposed a new rule that will remove some of the pressure from the government and taxpayers concerning eight of the nation’s largest banking institutions.