Daily Dose

The last several years have been painful for many of the third-party service providers to the mortgage loan industry due to increased regulatory oversight, but performance has improved across all three audit categories.

NAR Chief Economist Lawrence Yun stated that "Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages into next year and hamstring a large pool of potential buyers trying to buy a home."

It has been slightly more than two years since the first single-family rental securitization closed. What has been driving the strong performances of SFR securitizations as of late?

While the number of foreclosure sales is on a rapid pace of decline and is headed toward pre-crisis levels, data released by HOPE NOW on Monday shows that the number of non-foreclosure solutions is falling at almost the same rate.

“Emergency lending is a critical tool that can be used in times of crisis to help mitigate extraordinary pressures in financial markets that would otherwise have severe adverse consequences for households, businesses, and the U.S. economy,” Fed Chairman Janet Yellen said.

Did Citi deliberately ignore breaches in several billion dollars worth of residential mortgage-backed securities?

The FHFA has announced Fannie Mae's and Freddie Mac's maximum conforming loan limits for next year, and they will remain the same in most of the country. What areas will see an increase?

What issues are both borrowers and investors currently facing in the credit default swap market? What can Congress do to revive the market?

Freddie Mac's Multi-Indicator Market Index shows a slowly but surely stabilizing housing market overall nationwide. But one economist says many areas of the country are still struggling to return to their long-term benchmark normal levels.

The Democratic Senator from Ohio is urging the heads of the Federal Reserve, OCC, and FDIC to resist pressure from Wall Street banks to weaken the rules that require the banks to hold more capital.