While TRID may have slowed down existing-home sales in November, the regulatory shock on the housing market is likely to be temporary.
Read More »Why Are Agency First-Time Buyer Mortgages Getting Riskier?
First-time buyer mortgages with a government guarantee were at a much higher risk of default than those taken out by repeat buyers. What factors are behind the disparity?
Read More »With Settlements Behind Them, Morgan Stanley and Bank of America Post Solid 2015 Results
No more burdened by legal expenses that plagued them in 2014, both Morgan Stanley and Bank of America saw major year-over-year boosts in net income.
Read More »Mortgage Default Rate is Quietly Creeping Upward
The default rate on first mortgages has been climbing recently. Is a trend forming, or is it the result of seasonal fluctuations?
Read More »Trulia Names New Chief Economist
Trulia has promoted its Housing Economist, Ralph McLaughlin, to fill the Chief Economist position with the company.
Read More »New York Fed: Expect a Boost in Household Formation in 2016
Although housing starts are not keeping up with the rate of population growth, the fundamentals for housing demand are positive, according to New York Fed President Bill Dudley.
Read More »Debate Over ‘Too Big to Fail’ Continues Into the New Year
The question as to whether “too big to fail” no longer exists or is being codified by the government continued to be a hot button topic as 2015 wound down, and the debate isn’t slowing as 2016 begins.
Read More »Will Royal Bank of Scotland be the Next to Settle RMBS Fraud Claims?
Out of 18 firms sued by the FHFA in 2011 over RMBS fraud, RBS is the only one not to have resolved their case through either settlement or trial.
Read More »Hunoval Law Firm Announces New Hirings
Hunoval Law Firm, a default servicing firm serving clients in Virginia, North Carolina, and South Carolina, has announced the addition of Phil Marquez as Director of Default Client Relations and Bryan Haskins as Managing Closing Attorney.
Read More »Hladik, Onorato & Pearlstine Merges with Federman & Associates
Hladik, Onorato & Pearlstine has announced a merger with Federman & Associates in an effort to expand its practice in the Pennsylvania and New Jersey markets.
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