Some recent data has indicated that housing markets are becoming more affordable. But just how affordable are they when compared with historical standards?
Read More »CalyxSoftware ASCEND16 Conference to Include Top Regulators and Agencies
Mortgage software solutions provider CalyxSoftware has announced that the speaker lineup for its ASCEND16 mortgage industry symposium and user conference will include representatives from the Consumer Financial Protection Bureau, Fannie Mae, and Freddie Mac.
Read More »Repeat Homebuyers Are Stuck in Neutral
First-time homebuyers have fared well in the last decade as far as market share. Repeat homebuyers, not so much. Why are they having trouble getting out of their starter homes?
Read More »HUD Fair Housing Rule Grants: Not Everybody Wants Some
HUD's finalized Affirmatively Furthering Fair Housing Rule was viewed as a great achievement for the Obama Administration when it went into effect in July 2015. Lately, however, some communities are rejecting the funding associating with the rule.
Read More »A House Divided: Differing Views on the Fed’s Oversight
On Wednesday, a House Committee bitterly divided over post-crisis financial regulation examined the effectiveness of the Fed's oversight of the country’s financial system.
Read More »The Ever-Shrinking Pool of Refinance Candidates
The data shows that the mortgage rates of most current homeowners are low enough to where refinancing would not make financial sense. It turns out that it might not make sense for borrowers with higher interest rates, either.
Read More »SingleSource Property Solutions Expands into Texas
SingleSource Property Solutions is now a licensed title agent in 37 states with the opening of a new subsidiary in Texas.
Read More »Fannie Mae Upgrades Desktop Underwriter
Fannie Mae has announced the implementation of enhancements to its Desktop Underwriter (DU) Version 10.0 aimed at providing more simplicity and certainty to lenders.
Read More »CFPB Surpasses 1 Million Complaints Handled
The Bureau handled its 1 millionth complaint in September after opening its doors slightly more than five years ago. Where do mortgage products rank on the CFPB's complaint list?
Read More »Some Markets are Failing Another Type of Stress Test
In June, all 33 banks reviewed as part of the Fed's annual stress testing made the grade. Some housing markets, however, are not doing so well with a different type of stress test.
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