Both Fannie Mae and Freddie Mac say they have made foreclosure prevention, specifically keeping families in their homes, a priority since the foreclosure crisis peaked six to seven years ago.

Many analysts were predicting that mortgage interest rates would rise up into the 4.5 percent to 5 percent range by the end of 2017. But since the start of the year, they are headed in the other direction.

The U.S. Supreme Court ruled on Wednesday that Fannie Mae cannot automatically bring state lawsuits to federal court, reversing an earlier decision by the Ninth Circuit Court.

Lawmakers on both sides of the aisle are pleading their respective cases as to why they believe CFPB Director Richard Cordray should stay or go as speculation persists that he will be replaced once President-elect Donald Trump takes office.

The recent rise in mortgage interest rates has taken a cut from the mortgage banking lines of three of the largest banks, but the news was not all negative.

The Financial Choice Act, introduced last June by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and passed though the Committee in September, may come to the forefront again soon now that the new administration is about to begin.

The Consumer Financial Protection Bureau has appealed the D.C. Circuit Court's ruling in the PHH case that its structure is unconstitutional and that the director can be removed without cause. One stakeholder examines the possible effects the decision could have on the industry.

Treasury Secretary-designate Steve Mnuchin will face questioning from the Senate Finance Committee this week about his qualifications to lead the Department and his plans for the future.

Eddie Speed, founder of NoteSchool, recently spoke with DS News about what to look for when determining where to invest in distressed assets.

After two months of transition following November’s presidential election, Donald J. Trump is scheduled to be sworn in as the 45th President of the United States this Friday. The housing industry has been following the transition closely.