With a trailblazing real estate mogul entering the Oval Office on January 20, a sharper focus on the U.S. housing delivery system is possible, if not likely, according to Collingwood Group Vice Chairman and former FHA Commissioner Brian Montgomery. Editor's note: This select print feature originally appeared in the January 2017 issue of DS News magazine.
Read More »Price Appreciation—Good for Driving Down Defaults
Home price appreciation has been steady every year since prices bottomed out in 2012. While some analysts may point out that this has hurt affordability, since wage growth has largely not kept up, at least one pointed out a positive result of rising prices.
Read More »Providing Potential Homeowners with a LIFT
A partnership between a bank and a non-profit has allowed thousands of buyers to attain homeownership while learning pertinent homebuyer education.
Read More »CFPB Updates Congress on Mortgage Industry Rules
The Consumer Financial Protection Bureau recently reported on what it has done to assist the mortgage industry with the smooth implementation of three of its major initiatives: TRID, HMDA, and the August 2016 updates to its new mortgage servicing rules.
Read More »Decline? The Delinquency Rate is ‘Simply Normalizing’
The percentage of 30-day delinquent residential mortgages has been dropping, but the rate of decline is beginning to slow, according to one analysis.
Read More »How Would Ben Carson Handle HUD?
The Senate Banking Committee will hold a confirmation hearing for HUD Secretary Nominee Dr. Ben Carson on Thursday, Jan. 12. What do industry stakeholders have to say about how the retired neurosurgeon would run the Department?
Read More »Regulator Releases HSBC from Consent Order
Improvements made by HSBC to its servicing operations over the last few years have led the Office of the Comptroller of the Currency to terminate the consent order against the bank originally issued in 2011.
Read More »Borrowers are Getting Back Into the Black
The number of homeowners in negative equity dropped to its lowest level in a decade and the amount of available home equity rose to its highest level since before the recession.
Read More »The Week Ahead: The Falling National Foreclosure Rate
The industry will be watching to see how much further the national foreclosure inventory rate will decline in the latest report from CoreLogic coming out this week.
Read More »Some Markets Go from Hardest Hit to Healthiest
Eight years has made all the difference in several single-family housing markets that were affected most by the recession. Many of these markets now rank among the healthiest, one analysis reported.
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