Leading Off looks at the news, events and reports coming this week that shape the servicing, mortgage and housing industry.
Read More »Lawmakers Urge FHFA Director Watt to Consider More Risk Sharing Options
To date, the majority of credit risk sharing activity by the GSEs has been the back end variety. Representatives Stivers and Moore want to know if the FHFA plans to incorporate more front end risk sharing.
Read More »Will 2016 Bring Unwelcome Surprises for the Housing Market?
The expected interest rate hike from the Federal Reserve is also swaying the views of many consumers for the housing market, causing many to believe that getting a mortgage will be more difficult next year.
Read More »Treasury: Comprehensive Housing Finance Reform Must Be Built on Core Principles
Antonio Weiss, Counselor to the Treasury Secretary, reiterated his stance against Treasury allowing for the recapitalization of Fannie Mae and Freddie Mac and releasing them from the FHFA’s conservatorship, stating that “This approach is simply a bad deal for taxpayers and homeowners alike.”
Read More »What Changes Are Coming to the CFPB’s Consumer Complaint Database?
Many mortgage industry stakeholders are calling for the Bureau to strive for more accuracy and consistency when publishing narratives of consumers' complaints.
Read More »Will November’s Solid Jobs Report Push the Fed to a December Liftoff?
Many economists and analysts have viewed the November employment summary as the final piece of the puzzle in order to encourage a Fed liftoff later this month.
Read More »Comptroller Outlines Proposals to Reduce Regulatory Burden for Small Banks
While Curry said these legislative proposals are meaningful steps taken toward achieving relief from regulatory burden for community banks, he admitted there are other ways to make smaller institutions financially viable.
Read More »Freddie Mac’s Mortgage Portfolio Expands for Ninth Straight Month
Expansion was rare for the GSE's total mortgage portfolio from 2010 to 2014. But in 2015, it has been the norm.
Read More »Underwater Borrowers Are Still a Headwind for Housing
"Negative equity has become almost an afterthought in a handful of the nation's hottest markets, but is holding back the recovery in dozens of large markets nationwide," said Dr. Svenja Gudell, Zillow's Chief Economist.
Read More »American Homes 4 Rent and American Residential Properties Announce Merger
The merger is expected to enhance the size of the largest publicly-traded single-family rental company, Agoura Hills, California-based American Homes 4 Rent, which prior to the merger owned approximately 38,000 SFR properties. The combined company is expected to own and manage more than 47,000 rental properties nationwide.
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