Daily Dose

After half a decade from the bottom of the housing bust, the U.S. homeownership rate still remains stuck at a current 50-year low and a look at the demographics of those Americans that do own homes today, and those that do not, and compares the data to that of past decades may be useful in understanding this phenomenon.

Fannie Mae recently announced the seventh sale of non-performing loans as well as the fifth Community Impact Pool, offered by the company.

The paying agent, Rust Consulting, Inc. will mail payments to eligible borrowers of Federal Reserve supervised servicers who cashed or deposited their initial checks from the Independent Foreclosure Review Payment Agreement.

The number of foreclosure prevention activities completed by Fannie Mae and Freddie Mac has continued to decrease as the number of nationwide foreclosures continues its decline since reaching peak levels in 2009 and 2010.

National foreclosure completions in June were up 5 percent from May, but compared to a year ago, the number of foreclosures is definitively down.

Continuing an unfortunate trend for non-bank mortgage servicers in the second quarter of 2016, Walter Investment Management reported a net loss for the three-month period ending June 30, 2016.

Metro areas that experienced more foreclosures during the housing bust have seen a larger increase in the share of single-family homes that are rented.

Write-off rates are returing to pre-crisis "normals" according to Equifax Inc release of its June 2016 Equifax National Consumer Credit Trends Report.

In Donald Trump’s recent speech at the Detroit Economic Club, Trump called for a temporary moratorium on new financial regulations. According to Collingwood Group, this could mean a boom to the housing and mortgage markets.

Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.