Daily Dose

Mark Calabria of the Cato Institute lays out his plan for repairing the broken mortgage finance system in an essay published by the Urban Institute.

Out of the three largest non-bank mortgage servicers rated by Moody's, Nationstar Mortgage did something in 2015 that the other two, Ocwen Financial and Walter Investment Management, were not able to do. What did Nationstar do?

Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.

NCUA Chairman Debbie Matz said that credit unions “are benefiting from an aggressive litigation strategy NCUA continues to follow in order to hold responsible parties accountable.”

A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.

According to the National Association of Realtors, low inventory, affordability, and tight credit are still plaguing the housing market. But NAR President Tom Salomone says he has the solution.

The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?

Republicans have been trying to chip away at Dodd-Frank almost since the law was enacted nearly six years ago. But lately they have made a more intense push, and they won a victory in the House of Representatives recently.

Why is the FHFA extending its principal reduction program to only 33,000 borrowers when there are three million underwater borrowers nationwide?

Mortgage default rates were down while bank card default rates were up in March. What does this reveal about consumer behavior patterns?