If those in the industry were hoping that the latest existing-home sales report from the National Association of Realtors would bring good news as far as housing inventory, it did not happen.
Read More »Freddie Mac: No Encore for Housing in 2017
The year 2016 was the best for housing since before the crash by nearly any measure. Unfortunately, according to Freddie Mac's latest outlook, housing is not likely to repeat its stellar year in 2017.
Read More »USMI Urges Lawmakers to Extend Tax Credit
With the tax deduction for mortgage insurance premiums paid on qualified residential interest about to expire on December 31, 2016, U.S. Mortgage Insurance President Lindsey Johnson asked lawmakers to consider an extension.
Read More »Sales are Close to Peak, But Not Quite There
The consensus within the industry is that existing-home sales are having their best year in a decade. But there is still room for improvement, according to one analysis.
Read More »Looser Underwriting is the Name of the Game in 2016
Why have banks and federal savings associations began relaxing their underwriting standards, according to a survey from the Office of the Comptroller of the Currency?
Read More »Credit Quality: It’s Getting Better All the Time
For mortgage originations, things are beginning to look a lot like they did before the bubble—at least when it comes to credit quality and risk level.
Read More »Confidence is High Heading Into 2017, But . . .
Sentiment is strong as 2016 winds down and 2017 is set to begin. Why is Fannie Mae predicting only moderate growth for housing and the economy?
Read More »Mortgage Network Appoints New President
The company announced the appointment of its new president, James Comosa.
Read More »FHFA Narrows Definition of New Business Activities
The Federal Housing Finance Agency has published a final rule amending the regulations that address requirements for submission of new business activities by the Federal Home Loan Banks.
Read More »Third-Party RMBS Reviewers Pass the Test
In the last two years, originators have been taking the precautions that many of them did not take prior to the crisis with residential mortgage-backed securities.
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