Last week, FHFA Director Mel Watt gave a speech at the Bipartisan Center in which he declared the GSEs' lack of capital to be their biggest risk, and that he expects that risk to escalate as the conservatorships continue. Will that risk spur the government to end the conservatorships after almost eight years?
Read More »Banks’ Profits Rose in Q4 on Drop in Litigation Expenses
FDIC Chairman Martin Gruenberg said despite the increase in profits, banks are still operating in a "challenging environment."
Read More »Collection Records Show Many Who are Evicted are Repeat Offenders
An analysis revealed that rental-related collection records and prior evictions can be highly predictive of renters' future behavior.
Read More »CFPB Dispels Myths Surrounding New Servicing Rules and QM Rule
In an address at the National Credit Union Association on Tuesday, CFPB Director Richard Cordray answered criticisms surrounding the Bureau's regulatory changes in the mortgage industry.
Read More »Fed: Banks Beginning to Ease Lending Standards
Banks have come under fire for their tight lending standards adopted in the wake of the crisis, but the Fed reported that some banks are beginning to lighten up.
Read More »First-Time Homebuyers Have a Tough Road Ahead
First-time homebuyers have more problems to face than just dwindling supply and higher demand: Income requirements for mortgage lending are also on the rise.
Read More »CFPB Director Cordray Doubles Down on Arbitration Clause Stance
The director said that some of the broader ramifications surrounding arbitration clauses "are surprising and even breathtaking in their scope."
Read More »Agency First-Time Buyer Mortgage Risk Continues Upward Move
What is driving the increasing disparity in risk between Agency first-time buyer mortgage loans and repeat buyer mortgage loans?
Read More »Calendar Pushes 30-Day Delinquency Rate Upward
The number of mortgage loans 30 days or more past due but not in foreclosure hit an 11-month high in January. What role did the calendar play in the increase?
Read More »HUD Invests Further in Housing Counseling
Hundreds of housing counseling agencies nationwide will receive the HUD grants, which will assist families who are buying their first home, attempting to locate affordable rental housing, or trying to avoid foreclosure.
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