This week the Federal Reserve is looking to raise interest rates, key housing indicators will show how the market is doing, there's a look at key economic indicators as 2015 closes, and we get a preview of how consumers are looking at things going into 2016. Read on.
Read More »Rental Demand is Surging in Record Numbers
While homeownership rates have mostly been falling the last two years, the demand for rental housing has seen unprecedented increases. What is driving the rental demand surge?
Read More »Forces Join to Protect Borrowers from Foreclosure Relief Scams
“Vigilant, well-informed homeowners are the best protection against these deceitful mortgage rescue scams.”
Read More »Rising Home Equity Gives Housing Market a Lift
The amount of underwater mortgages nationwide continues to decline.
Read More »Senate Votes to Extend Foreclosure Safeguard for Servicemembers
Senator Sheldon Whitehouse has fought for years to protect the rights of servicemembers who are homeowners.
Read More »Shocker: 9 in 10 Loans Don’t Pass TRID Requirements
Consumer Financial Protection Bureau Director Richard Cordray recently passed off the widespread anxiety over TRID compliance as being no big deal and compared the rule to the over-hyped panic over Y2K. But did he speak too soon?
Read More »Morgan Stanley Settles with NCUA Over Faulty RMBS
The NCUA said it plans to continue to pursue litigation in federal courts against financial institutions based on the sale of faulty RMBS that caused five corporate credit unions to collapse.
Read More »Are Banks Approving Riskier Loans?
The OCC conducted a survey of 95 banks. What are some of the trends the survey revealed about underwriting standards?
Read More »Bank of America’s Revised Capital Plan Earns Fed’s Approval
The Fed required Bank of America to submit a revised capital plan due to certain weaknesses in the bank's capital planning process the Fed located in its annual Comprehensive Capital Analysis and Review (CCAR) stress test conducted in early March.
Read More »Fannie Mae, Freddie Mac Suspend Holiday Evictions
The GSEs have made helping families avoid foreclosure a top priority since the housing crisis hit the nation seven years ago.
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