A lack of desire might not be the reason why millennials in general are hesitant to become homeowners.
Read More »Access to Credit Just Keeps Getting Tougher
A survey shows the demand is there, but the approvals have not been.
Read More »Delinquencies Rebound from January’s Spike
The total non-current inventory dropped to its lowest level in more than eight years, according to Black Knight Financial Services.
Read More »Is Regulation Hurting the Affordability of Housing?
Subcommittee Chairman Blaine Luetkemeyer (R-Missouri) has been an outspoken critic of government regulation when it comes to the housing and the financial industry.
Read More »NAFCU Calls on Subcommittee to Preserve Credit Union Tax Exemption
The National Association of Federal Credit Unions VP of Legislative Affairs, Brad Thaler, sent a letter to the Committee on Ways and Means Subcommittee on Tax Policy, urging them to keep the credit union federal tax exemption as they consider tax reform proposals.
Read More »Distressed Homeowners Still Turning to Permanent Loan Modifications
Foreclosures are way down and many housing fundamentals are at pre-crisis levels. But for those borrowers still facing foreclosure or at risk of defaulting, permanent loan modification remains a popular option.
Read More »Gap Between First-Time Buyer and Repeat Buyer Risk Continues to Widen
Why does the index for first-time buyer mortgages backed by a government Agency continue to rise?
Read More »Survey: Financial Illiteracy is Rampant Among College Students
Recent studies revealed that many Americans do not have any credit and in many cases do not even know what a credit score is.
Read More »OCC: Fintechs Will Not Replace Banks
According to Comptroller of the Currency Thomas Curry, "Innovation has been a hallmark of the U.S. banking system since it was created in 1863 at the behest of President Lincoln."
Read More »Fannie Mae Brings Private Capital Into the Housing Market in a Big Way
It has been a big week for credit risk transfer transactions. Earlier this week, JPMorgan Chase announced a $1.9 billion residential mortgage-backed securities deal, and now Fannie Mae has announced its largest deal to date.
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