Completed foreclosures are way down year-over-year but still concentrated in a handful of areas around the country.
Read More »FHFA: Here’s What HAMP Borrowers Facing Resets Can Do
What solutions have Fannie Mae and Freddie Mac offered to HAMP borrowers facing higher monthly payments due to resets?
Read More »Can Banks and Fintechs Live in Harmony?
The OCC wants banks and financial technology firms to work together on responsible innovation for the financial industry as opposed to just plain innovation.
Read More »Financial Reform and its Possible Effect on Wall Street
Several legislative proposals have been made of late in an attempt to reform Dodd-Frank, most notably the Financial CHOICE Act. Steve Williams, Principal with Cornerstone Advisors, discusses what effect the CHOICE Act might have on Wall Street if it is passed into law.
Read More »Bill Takes Aim at CFPB’s Complaint Database
Rep. Matt Salmon (R-Arizona) is proposing changes intended to provide more context to the complaints received by the Bureau.
Read More »Will GSE Reform Proposal Be a Tough Sell for Investors?
Would a proposal to replace Fannie Mae and Freddie Mac with a corporation gain the support it needs from private investors?
Read More »Majority of Americans Still Value Homeownership
As for the growing sentiment in the mortgage industry that millennials are not interested in homeownership, the survey results seem to indicate the contrary.
Read More »Consumers Positive Despite Weak Employment Data
The BLS employment situation for May did not bring good news. But one would never know that by looking at a survey of consumer expectations from the New York Fed.
Read More »First-Time Foreclosure Starts are Stalling
Foreclosure starts have always been a volatile metric, having experienced many ups and downs over the last few years. But in April, they fell to levels not seen for a long, long time.
Read More »Higher Education Not Leading to Homeownership
Why are millennials not becoming homeowners as quickly as some analysts expected they would? There are different theories.
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