The Federal Reserve issued a statement early Friday saying it is “carefully monitoring developments in global financial markets, in cooperation with other central banks” as a result of the U.K.’s vote to exit the European Union.
Read More »New Home Sales Retreat as Supply Holds Steady
New home sales are up from their 2011 trough but still well below their pre-crisis norms.
Read More »Foreclosure Prevention Efforts Hit Milestone
How many non-foreclosure solutions (modifications, deeds-in-lieu, short sales, and other workout plans) has the industry completed since 2007?
Read More »How do Americans View Candidates’ Housing Policies?
A recent poll showed that American citizens do indeed want housing policy to be a front-and-center issue in the race this November.
Read More »Existing-Home Sales Forecasts Are Coming to Pass
Existing-home sales in May hit their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales higher.
Read More »Housing Gains Still Facing Obstacles
While the national market now has enough momentum to be an engine of economic growth, the lingering pressures on homeownership, the eroding affordability of rental housing, and the growing concentration of poverty are very much in the way.
Read More »Consumer Credit Default Picture Looks Brighter
The national credit picture took an upturn in May, as mortgage and consumer credit default rates ebbed from April numbers.
Read More »These Areas are Eligible for CRA Consideration
The Fed, OCC, and FDIC have released their 2016 list of nonmetropolitan middle-income areas deemed distressed or underserved and where revitalization or stabilization activities are eligible to receive Community Reinvestment Act consideration.
Read More »CFPB Reform Bills Just Keep Coming
The latest in a long line of calls to overhaul the Consumer Finance Protection Bureau comes from Congressman Roger Williams (R-Texas).
Read More »Where are the Most Stable Housing Markets?
Housing markets in metros all over the country are improving and many metros are making their way back to their benchmark ranges, according to an index from Freddie Mac.
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