Daily Dose

Experts suggests that "normal" levels of existing-home sales are still in the distance. What is driving their forecasts?

So far this year, two Federal Open Market Committee (FOMC) meetings have come and gone with no further rate increase.

Whereas pessimism among consumers reigned in February’s report, March’s data showed signs that attitudes toward the economy are slowly improving.

The FDIC claimed in the suit that Goldman Sachs, Deutsche Bank, and Royal Bank of Scotland misrepresented the quality of $2 billion worth of mortgage-backed securities it sold in 2004 and 2005.

Part of the plan includes the GSEs' conservator, FHFA, amending the preferred stock purchase agreements and suspending payment of cash dividends on Treasury's senior preferred stock.

Pending home sales have improved for 18 straight months, but is the news all good?

Why has the homeownership rate remained low while housing fundamentals continue to improve?

As more jobs are added each month and the unemployment rate has dipped to pre-recession levels, the number of foreclosed homes has seen a corresponding substantial decline.

The bank is scheduled to release its Q1 2016 earnings statement on April 14.

The GSEs began their risk-sharing initiatives in 2013 as a way to transfer risk from taxpayers to private investors while the Enterprises remain in conservatorship of the FHFA. Since then, the GSEs have transferred a substantial portion of the credit risk for mortgages totaling hundreds of billions of dollars in unpaid principal balance (UPB).