Studies show that poverty is continually growing, especially in suburban areas. The problem is whether these cities have the capacity to handle it.
Read More »Small Step for Women and Minorities, Giant Leap for Mankind
Earlier today, the Federal Housing Finance Agency finalized four amendments to its Minority and Women Inclusion rules. What exactly does this final rule require?
Read More »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?
Read More »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?
Read More »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?
Read More »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.
Read More »Minimizing Foreclosure, Maximizing Home Retention
The Federal Housing Finance Agency recently released its monthly report on foreclosure prevention for April, but are the Enterprises doing enough to ensure maximum home retention? You be the judge.
Read More »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?
Read More »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.
Read More »Opened and Closed . . . And Opened Again
A handful of banks may find old cases revived in the near future, after a recent U.S. District court ruling. Will the FDIC take action?
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