Bank of America’s first-ever look at homebuying trends has found that more buyers want a home more than they want an investment in property.
Read More »Why are Millennials Locked Out of the Housing Market?
Millennials have been cited by many housing analysts as the group that is the key to homeownership growth. What factors are keeping this group from becoming homeowners?
Read More »Credit Unions are Having Trouble Closing with TRID
All told, more than half of the survey respondents said new TRID regulations have added five or more days to mortgage closing.
Read More »Fed Says April Rate Hike is All But Off the Table
The Fed noted in the minutes that “raising the target range as soon as April would signal a sense of urgency (FOMC participants) did not think appropriate.”
Read More »GAO Notes Problems in Financial Regulatory Framework
Fragmentation and overlap have resulted in inefficiencies and in inconsistent regulatory oversight, according to the Government Accountability Office.
Read More »Housing Counseling Moves Toward ‘Modernization’
Government agencies have invested significantly in housing counseling since the crisis. Now technology is going to play a larger role in counseling moving forward.
Read More »Ask the Economist: Tight Inventory is an Effect, Not a Cause
In this installment of Ask the Economist, Genworth Mortgage Insurance Chief Economist Tian Liu offers his forecast for the housing market in the rest of 2016—and why he thinks inventory will pick up.
Read More »Rising Compliance Costs Are Problematic for Home Builders
Home builders have hit a roadblock. The ramped up regulatory environment has made it difficult for home builders to build affordable homes.
Read More »JPMorgan Chase RMBS Deal First to Qualify Under Safe Harbor
JPMorgan Chase Bank has become the first institution to file a residential mortgage-backed securitizations deal that qualifies under the Federal Deposit Insurance Corporation’s six-year-old Safe Harbor rule.
Read More »The Long, Hard Road to GSE Reform
Many, including FHFA Director Mel Watt, have expressed concern over Fannie Mae's and Freddie Mac's lack of a capital buffer. But at this point, how likely is it that they will be recapitalized and released from the conservatorships?
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