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Daily Dose

What’s a HELOC Again?

Though a standard industry term, many homeowners are scratching their heads when it comes to HELOCs. In fact, recent studies show that many homeowners don’t consider HELOCs because they simply aren’t aware of how they work. How can lenders better explain them in order for homeowners to take advantage of the opportunity?

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Yellen in the Hot Seat

Janet Yellen completed the second day of her semi-annual testimony in front of the Senate today, and gave her opinion on proposed Dodd-Frank reforms. What did the Chair of the Federal Reserve have to say, and did she agree with members of the committee?

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Analyzing Risks and Disruption

FitchRatings announced it will be placing U.S. residential mortgage backed securities classes on Rating Watch Negative. What brought them to this decision and what does it mean for the company?

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What’s in the Complaint Box?

Complaining is human nature. Now that the CFPB has given consumers a place to publicize their negative financial experiences, companies should check out these numbers.

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Keeping an Eye on Affordability

Incomes and the job market are strong, but homes are still out of reach for some. How has affordability been impacted by the improving economy, and what can we expect in the future?

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Finishing Strong

The FHFA recently settled the 17th of the 18 lawsuits it has filed on behalf of Freddie Mac and Fannie Mae. Read on to see the sum each Enterprise is going to receive.

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