Analysis has shown that building homes for sale generates greater profits, but sometimes it makes sense to build single-family homes for the purpose of renting.
Read More »House to Stumpf: Investigation is Only Beginning
Wells Fargo Chairman and CEO John Stumpf was questioned by the House Financial Services Committee on Thursday over his bank's retail sales practices, which cost the bank $185 million in penalties from regulators.
Read More »Challenges Easing for Millennials and First-Time Buyers
The down payment has traditionally been cited as the most common obstacle to homeownership. But apparently, it may not be as big an obstacle as originally thought.
Read More »Market May Be Primed for Origination Spike
Analysts believe everything is in place for mortgage originations to finish big in 2016.
Read More »Are Slow Pending Home Sales a Bad Omen for Housing?
Pending home sales have cooled off in three of the past four months. Could this be a sign of a stalling housing market?
Read More »Improved Affordability? In Some Places, But Not All
Some recent data has indicated that housing markets are becoming more affordable. But just how affordable are they when compared with historical standards?
Read More »Repeat Homebuyers Are Stuck in Neutral
First-time homebuyers have fared well in the last decade as far as market share. Repeat homebuyers, not so much. Why are they having trouble getting out of their starter homes?
Read More »A House Divided: Differing Views on the Fed’s Oversight
On Wednesday, a House Committee bitterly divided over post-crisis financial regulation examined the effectiveness of the Fed's oversight of the country’s financial system.
Read More »The Ever-Shrinking Pool of Refinance Candidates
The data shows that the mortgage rates of most current homeowners are low enough to where refinancing would not make financial sense. It turns out that it might not make sense for borrowers with higher interest rates, either.
Read More »CFPB Surpasses 1 Million Complaints Handled
The Bureau handled its 1 millionth complaint in September after opening its doors slightly more than five years ago. Where do mortgage products rank on the CFPB's complaint list?
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