John Stumpf, Wells Fargo Chairman and CEO, sat before the Senate Banking Committee to full apologize and take full responsibility for the controversy that has recently impacted all sectors of the financial industry.
Read More »CFPB Gives Training on Updated Servicer Rules
Officials from the CFPB presented an overview of policy and programs that impact the mortgage industry based off of the recently published in August.
Read More »Eight Years of Financial Progress
The U.S. Department of the Treasury says that looking back eight years after the housing crisis, clear economic recovery has been seen as well as enormous progress creating a more stable and secure financial system.
Read More »Fannie Mae Predicts Economic Growth in Q3
Fannie Mae is predicting economic growth to grow rapidly in Q3. How will these predictions coincide with housing?
Read More »Consumer Labor Market Expectations Mixed
The August 2016 Survey of Consumer Expectations shows labor market expectations were mixed, according to a recent report from the Federal Reserve Bank of New York.
Read More »Good News for Households: Poverty Down and Income Up
Recently released data from the U.S. Census Bureau reports that the U.S. annual household incomes showed their first annual increase since 2007 and the strongest pace of income growth in a decade.
Read More »Holding Off: Why High-Mortgage-Rate Loans Aren’t Being Refinanced
A recent report from CoreLogic further examines the refinance option for outstanding first mortgages in the CoreLogic servicer-contributed database.
Read More »HUD Provides Snapshot of Housing Market Health
HUD’s latest housing scorecard provides a snapshot of the recovery of our nation’s housing market during August, according to a recent report from the agency.
Read More »OCC Says Banking System is in a Position of Strength
OCC states that in the eight years since the crisis, the banking system has progressed to the point where it would be a mistake to change course.
Read More »Summer Brings Best Housing Market In Decade
A new report from Fannie Mae states that though summer is normally a popular time to buy or sell a home, this season’s strong housing and economic data may make it even better.
Read More »