News

Mortgage Contracting Services, LLC (MCS) has announced the formation of MCS Solutions in order to incorporate the company’s valuations, title services, and steel security product line, according to an announcement from MCS.

Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.

Although he approves of the current low-interest rate environment, Donald Trump does not approve of the woman in charge of rates. If Trump wins the presidential election in November, Federal Reserve Chair Janet Yellen could be out of a job.

Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.

NCUA Chairman Debbie Matz said that credit unions “are benefiting from an aggressive litigation strategy NCUA continues to follow in order to hold responsible parties accountable.”

A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.

According to the National Association of Realtors, low inventory, affordability, and tight credit are still plaguing the housing market. But NAR President Tom Salomone says he has the solution.

The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?

Andrew Davidson, President of Andrew Davidson & Co., Inc., says that the GSEs should be striped down to the functions that promote standardization, liquidity, and access to credit, and adopt the best governance structures for those functions using these four methods.

For the last 10 years, jumbo mortgage-backed securities have been climbing their way back into the market, but did the implementation of TRID and other factors put a stop to growth in this sector?