Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, delivered a public address on Tuesday on the committee’s plan to offer what he terms a bold and better alternative to the Dodd-Frank Act. Hensarling said the controversial Wall Street reform ...
Read More »DS News Webcast: Monday 3/14/2016
The year 2012 also marked the beginning of a four-year period in which the GSEs’ expenses increased by a combined 1 point 1 billion dollars. A white paper released this week by the Office of Inspector General of the Federal Housing Finance Agency, ...
Read More »DS News Webcast: Friday 3/10/2016
U.S. Senator David Vitter, a Republican from Louisiana, is calling out the Federal Reserve for what he perceives as a lack of transparency and accountability on the part of the central bank upon learning that Fed governor Lael Brainard made donations to ...
Read More »Fed Governor’s Donation to Clinton Campaign Sparks Controversy
The donations made by Federal Reserve Governor Lael Brainard were within federal regulations, but they still drew criticism nonetheless due to their timing.
Read More »DS News Webcast: Thursday 3/10/2016
When an HOA forecloses on a property for unpaid association fees, the servicer faces significant risk of increased loss and even of losing its investor’s stake in the property.. The report found that there are 350 thousand HOAs in the ...
Read More »DS News Webcast: Wednesday 3/9/2016
The homeownership rate fell to nearly a five-decade low in the second quarter of 2015, pushing the single-family rental market in America to new heights. The greater demand for single-family rental housing has resulted in an increase in the price of ...
Read More »Obama Administration Planning Further Financial Reforms
President Obama credits Dodd-Frank and other financial reform with much of the country's economic progress since the crisis. But he says it's not enough.
Read More »DS News Webcast: Tuesday 3/8/2016
Most of the news regarding housing fundamentals has been positive in the last two years or so. But mortgage delinquencies rose month-over-month in January for the first time since the housing recovery began, according to data reported by Black Knight Financial Services on Monday. ...
Read More »AACER: Bankruptcy Filings Remain Virtually Unchanged Over-the-Year
Steep year-over-year declines have become the norm for bankruptcy filings as more time passes since the financial crisis. That was not the case in February 2016, however.
Read More »Recent Economic Slowdowns are Eroding Consumer Confidence
News of America's sluggish economy is reflected in the attitudes of consumers. There is good news for the housing market, however.
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