Daily Dose

Fannie Mae Chief Economist Doug Duncan recently discussed with DS News the weak economic growth in Q1 and lingering supply issues in housing—and the possibility of another recession.

The CFPB has proposed a ban on the use of arbitration clauses that prevent consumers from bringing class action suits against businesses. A coalition of more than 160 groups, including AFL-CIO and NAACP, wants the Bureau to take the rule even further, however.

While nearly everyone was expecting weak GDP growth for the first quarter, the advance estimate reported weaker growth than what was expected.

Marc Morial, President and CEO of the National Urban League and former the Mayor of New Orleans, proposes some ways to close the economic gaps between races and reform the housing finance system in America.

CFPB Director Richard Cordray acknowledged that the Bureau's TRID rule has been a source of consternation for the mortgage industry—and he suggested that some changes may be on the way.

The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.

FHFA's conservatorship scorecard called for Fannie Mae and Freddie Mac to lay off a certain amount of risk on single-family mortgages in 2015. Exactly how much credit risk did they transfer?

The first quarter of 2016 has not been kind to the profits of banks. If Ocwen's Q1 earnings report is any indication, it was not such a great quarter for non-bank servicers, either.

Why has an advocacy group asked HUD to impose a moratorium on reverse mortgage foreclosures?

The Office of the Comptroller of the Currency has had a clear message as of late: Technology is not always helpful.