A little more than half of Americans think it is too difficult to buy a home, especially for non-whites, and they don’t trust banks will help them.
Read More »Global Turbulence Creates Buyer-Friendly Market
Freddie Mac has revised its forecast for the economy and the mortgage market based on the latest economic developments abroad.
Read More »Rising Consumer Expectations Could Bode Well for Housing
Encouraging news about consumer earnings could lead to more home sales in an already healthy growth market.
Read More »Colorado Supreme Court Rules on Potential Deceptive Practices
Colorado’s attorney general has won a procedural victory against one firm in her state over alleged deceptive foreclosure practices. But were the firm's practices really deceptive?
Read More »Watchdog Calls on Treasury to Fix Blight Elimination Program
The Hardest Hit Fund was initiated in 2010 to help fund the states that suffered the most from the aftermath of the housing crisis. What recommendations did a government watchdog make to improve the program?
Read More »CFPB: Compliance Management Deficiencies Linger
The CFPB found that while mortgage lenders generally are in compliance with federal consumer financial laws, many entities continue to have deficiencies in their compliance management systems.
Read More »Ocwen Amps Up Borrower Outreach Efforts
Ocwen Financial is planning more outreach events to help borrowers avoid foreclosure.
Read More »CFPB’s Cordray for Vice President?
An increasing chorus of Democrats want their party's presumptive presidential nominee, Hillary Clinton, to consider the CFPB's Director as her running mate.
Read More »Does Homebuyer Education Lead to Housing Stability?
HUD studied nearly 6,000 prospective first-time homebuyers to determine the effects of efforts to educate new homebuyers on housing and financial stability.
Read More »Risk of Default is Rising for New Mortgages
For newly originated mortgages, default risk is on the rise. What is the takeaway for investors and lenders?
Read More »