The housing market is facing constrained inventory and price appreciation that is outpacing wage growth. But that may not be a problem, NAR Chief Economist Lawrence Yun said.
Read More »A Victory for Servicers in Super-Priority Lien Fight
Why did a district judge in Nevada void an HOA's foreclosure sale when the HOA held a super-priority lien on the property?
Read More »Fannie Mae Announces Updates to Servicing Guide
What changes did Fannie Mae make to its requirements for servicers with regard to handling foreclosure proceedings?
Read More »Will Non-Bank Fintechs Receive a Bank Charter?
For a couple of months, the financial industry has been talking about the possibility of a national bank charter for non-bank financial technology companies, or fintechs. What would this mean for the industry?
Read More »FHFA Vows to Keep Fighting HOA Super-Priority Liens
The FHFA repeated its message to HOAs that try to extinguish mortgages backed by the GSEs.
Read More »More Distressed Borrowers are Keeping Their Homes
There has been a growing trend in the number and type of foreclosure prevention actions completed by the GSEs since the start of the conservatorships.
Read More »Castro Dispels Myth About Millennials and Homeownership
The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.
Read More »How Much Can the Fed Really Influence the Economy?
According to Minneapolis Fed President Neel Kashkari, market participants' focus is in the wrong place if they are concentrating on what the Fed does with the short-term interest rates.
Read More »The Effect of Stepups on HAMP vs. Proprietary Mods
Borrowers who received modifications both through government programs and proprietary programs will invariably experience an increase in monthly payments due to interest rate stepups after five years. How are these modifications performing?
Read More »Consumers are Feeling Labor Market Pains
Last week, the BLS reported only 160,000 jobs added during April. How did consumers perceive the labor market during the month?
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