On March 22, Mel Watt said the FHFA would make a decision within 30 days on whether or not to offer principal reduction on mortgage loans. Some housing advocates don't want to wait that long, however.
Read More »Credit Unions are Having Trouble Closing with TRID
All told, more than half of the survey respondents said new TRID regulations have added five or more days to mortgage closing.
Read More »Fed Says April Rate Hike is All But Off the Table
The Fed noted in the minutes that “raising the target range as soon as April would signal a sense of urgency (FOMC participants) did not think appropriate.”
Read More »Housing Counseling Moves Toward ‘Modernization’
Government agencies have invested significantly in housing counseling since the crisis. Now technology is going to play a larger role in counseling moving forward.
Read More »Ask the Economist: Tight Inventory is an Effect, Not a Cause
In this installment of Ask the Economist, Genworth Mortgage Insurance Chief Economist Tian Liu offers his forecast for the housing market in the rest of 2016—and why he thinks inventory will pick up.
Read More »SFR Securitizations Keep Delinquency Rates Low
While delinquency rates were low, lease expirations trended higher; what effect did this have on vacancy rates in single-family rental securitizations?
Read More »AACER: Bankruptcy Filings Experience Second Straight Monthly Spike
For the second consecutive month, bankruptcy filings nationwide increased substantially.
Read More »Senate Debates Effects of Consumer Finance Regulations
Are consumer financial regulations put in place since the crisis helping or harming consumers? The Senate Banking Committee held a hearing on Tuesday to discuss.
Read More »Are Stress Tests Still Relevant After Seven Years?
The Federal Reserve has been disclosing results of “stress tests” each year since 2009 for the largest banks. Are they providing any new information? The New York Fed has the answer.
Read More »Homeownership Rate Below Peak Levels Across All Ages
Which age group's homeownership rate is the furthest from its peak 10 years ago?
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