The HUD Secretary told Congress on Tuesday that 85 percent of the Department's budget would go solely toward renewing rental assistance for nearly 5.5 million households.
Read More »Merger Completed Between Single-Family Rental Giants
After the merger with American Residential Properties, American Homes 4 Rent now owns more than 47,000 single-family rental homes in 22 states, thus enhancing the size of the largest publicly traded SFR company.
Read More »Ethics Watchdog Calls for Investigation of ‘Revolving Door’ Between Wall Street and Government
The National Legal and Policy Center is asking the Attorney General for the District of Columbia and the HUD Inspector General to investigate the conduct of MBA President and CEO David Stevens.
Read More »Study Shows Fed is Unlikely to Reverse Course
Economic slowdowns have caused many to believe that the Fed will cut rates instead of raising them in the next few months But one analysis says that is not likely to happen.
Read More »Banks Come Out Winners in RMBS Case
For the most part, when being investigated over their pre-crisis residential mortgage-backed securities practices, the nation’s largest banks have come out having to pay billions of dollars in settlements and penalties.
Read More »Freddie Mac Enhances Disclosures for Single-Family Credit Risk Transfer Initiatives
Freddie Mac began its credit risk transfer sharing initiatives in 2013 as a way to transfer a portion of the risk on residential single-family mortgages to private investors and away from taxpayers.
Read More »MCS Announces Plans to Relocate Headquarters to Lewisville, Texas
Mortgage Contracting Services, LLC (MCS) has announced that it will be relocating its corporate headquarters to Lewisville, Texas, about 20 miles to the west of the current location of the headquarters in the North Dallas suburb of Plano, Texas.
Read More »Is There any Silver Lining to be Found in Ocwen’s 2015 Earnings Report?
With the regulatory turbulence of 2014 largely behind them, Ocwen still had a tough year financially in 2015.
Read More »The Week Ahead: Will Steady Gains for the Labor Market Resume?
The January employment summary reported approximately half of the monthly job gains than in the previous three months. Will February's report be solid enough to convince the Fed to raise rates again in March?
Read More »TRID-Imposed Closing Delays Elevate Cash Sales Share
The percentage of home sales that were all-cash transactions was higher in November than in recent months due to TRID. Will the cash sales share return to normal or will the delays keep it elevated?
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