Daily Dose

The SEC has authorized Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO), to rate financial institutions and corporate issuers under its NRSRO registration.

Despite ongoing concerns over tight inventory and declining affordability, there are still markets around the country where homes are for sale that are both large enough and affordable enough to accommodate working class households.

After taking a break for the month of August, the House Financial Services Committee resumes activity on Wednesday, September 7 in the Monetary Policy and Trade Subcommittee with a hearing examining the economic health of Federal Reserve Districts.

A number of current economic conditions are supportive of the housing market—although demand for housing is being hindered somewhat by tight inventory levels.

Nearly a third of the top 100 U.S. metros are overvalued compared with their peak levels during the bubble years of 2005 and 2006. But one analysis says this doesn't necessarily mean another bubble is on the way.

Rebound in U.S. cities is being driven more by wealthy buyers, whereas outer suburban growth is being driven by those who can’t afford to buy into urban neighborhoods, according to one analysis.

The August jobs report from the BLS fell short of expectations, leaving analysts to wonder whether or not the widely-forecasted September rate hike by the Fed will still happen.

Hardly any mortgages originated in the last five years are defaulting. But the near-zero default environment has come at a cost to the industry, according to one analysis.

Purchase applications in June hit their highest level since December 2007, close to their historical benchmark level.

Complaints made by consumers to the Consumer Financial Protection Bureau (CFPB) are difficult to track and address. What are the potential effects of these complaints on mortgage lenders and servicers?