At the first legislative markup in 2016, the House Financial Services Committee unveiled 10 bills to help grow the economy through regulatory relief and capital formation the nation’s Main Street businesses.
Read More »Final Settlement Test Finds Servicers to be in Full Compliance
The monitor's report covers four of the original parties to the 2012 National Mortgage Settlement—Bank of America, Chase, Citi, and Wells Fargo.
Read More »FDIC Clarifies Rules for Banks on Abandoned Foreclosures
When banks make the decision to stop the foreclosure process after it has already been started, borrowers may have already abandoned or stopped maintaining the property, which can lead to lower property values, blight, and crime.
Read More »Existing-Home Sales Recovering From Temporary TRID Setback
The latest Ten-X Residential Real Estate Nowcast indicates that sales are expected to rise, though the number of homes for sale may be limited by constrained inventory.
Read More »Recent Economic Slowdowns are Eroding Consumer Confidence
News of America's sluggish economy is reflected in the attitudes of consumers. There is good news for the housing market, however.
Read More »Lawmakers to HUD and FHFA: Get with the Program
A group of 45 members of the U.S. House of Representatives have asked housing regulators to make improvements to the way the government handles the sales of non-performing loans. What did they request?
Read More »CFPB: Mortgages Remain the Most Complained About Financial Product
Mortgage loans in today's housing market are not keeping homebuyers happy, as they are most complained about product in the eighth volume of the Consumer Financial Protection Bureau's Monthly Complaint Report.
Read More »The Results are In: How Did the Presidential Candidates Fare on Super Tuesday?
It was survival of the fittest among the 2016 presidential candidates on Super Tuesday as they endured 12 primaries and caucuses in different states, ultimately putting their campaigns to the test. Who came out on top and what do these hopefuls intend to contribute to housing in the U.S.?
Read More »Fannie Mae’s Mortgage Portfolio Kicks Off 2016 With Rare Expansion
January was only the fourth time since June 2010 that the portfolio has experienced growth month-over-month.
Read More »Castro Defends Proposed HUD Budget Increase for FY2017
The HUD Secretary told Congress on Tuesday that 85 percent of the Department's budget would go solely toward renewing rental assistance for nearly 5.5 million households.
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