Although most consumers indicate that they had a positive homebuying experience, despite a more time consuming mortgage process, they also called attention to three things that banks need to improve on.
Read More »Ten States Where Home Prices are Heating Up
Home prices have been consistently rising for the last few years and although the pace has slowed, they are still ticking upward in these 10 housing markets.
Read More »Wells Fargo Extends Outreach in Underserved Communities
Wells Fargo unveiled new corporate social responsibility goals that are intended to address global social, economic, and environmental challenges, including a multibillion-dollar mortgage pledge to minority and low-income communities.
Read More »Mortgage Insomnia—Homeowners Stressed With Payments
Financial hardships are keeping Americans tossing and turning at night, and mortgages are one the top concerns causing sleeplessness, according to a new CreditCards.com poll.
Read More »Home Price Gains Slow to a Crawl
Although home prices continued their upward trek all over the country, they are doing so at a much slower pace, according to data on the recent U.S. House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA).
Read More »Assessing the Full Impact of Principal Reduction
Elyse Cherry, CEO of Boston Community Capital, spoke with DS News about concerns surrounding the FHFA's recently-announced principal reduction program, and what the Agency should do about it.
Read More »Where are the Most Overleveraged Mortgage Debtors?
Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.
Read More »Trump Hints at Fed Chair Yellen’s Future
Although he approves of the current low-interest rate environment, Donald Trump does not approve of the woman in charge of rates. If Trump wins the presidential election in November, Federal Reserve Chair Janet Yellen could be out of a job.
Read More »Back to Basics: 4 Ways to Transform the GSEs
Andrew Davidson, President of Andrew Davidson & Co., Inc., says that the GSEs should be striped down to the functions that promote standardization, liquidity, and access to credit, and adopt the best governance structures for those functions using these four methods.
Read More »Is TRID to Blame for Jumbo MBS Disappearance?
For the last 10 years, jumbo mortgage-backed securities have been climbing their way back into the market, but did the implementation of TRID and other factors put a stop to growth in this sector?
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