HUD created the Distressed Asset Stabilization Program (DASP) in 2010 as a way to protect the interests of taxpayers. Were recent proposed changes to DASP in direct opposition to that objective?
Read More »Confusion Kills Confidence: Borrowers Underestimate Home Equity
Research done by Fannie Mae shows that although home prices continue to rise, many homeowners and borrowers alike continue to underestimate the amount of equity they have in their homes.
Read More »GSEs Nearing Loan Modification Milestone
Fannie Mae and Freddie Mac have continued to complete foreclosure prevention actions, and are close to achieving a milestone in the number of permanent loan modifications completed since the start of the conservatorships.
Read More »Parties Spar Over Merits of CHOICE Act
The introduction of the CHOICE Act—the Republicans’ proposed alternative to Dodd-Frank—last month by Rep. Jeb Hensarling (R-Texas) has sparked even more fierce debate between the parties in his Committee.
Read More »Global Turbulence Creates Buyer-Friendly Market
Freddie Mac has revised its forecast for the economy and the mortgage market based on the latest economic developments abroad.
Read More »Are Foreclosure Levels Reaching a New Normal?
With national foreclosure inventory and serious delinquencies now back to pre-crisis levels, is this the new normal for the foreclosure landscape?
Read More »Freddie Mac: Lessons Learned from the Crisis
The mortgage servicing industry has become stronger and more efficient in a post-crisis world, according to Freddie Mac.
Read More »FHFA: Time to Solicit Borrowers for Principal Reduction
The FHFA has determined that borrowers eligible for principal reduction tend to be concentrated in communities across the country that have not yet fully recovered from the foreclosure crisis.
Read More »Is the Labor Market Impeding Housing Growth?
Concerns about job security and income growth may have been the catalyst for why home buying decreased for the previous month, according to Fannie Mae.
Read More »Share of Student Loan Debt-Laden Borrowers Rising
Recent reports saying that borrowers burdened with student loan debt are having a hard time attaining homeownership. Those reports may be exaggerated, however.
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