In the midst of a heated debate in Congress where Republicans are trying to replace Dodd-Frank with a proposal of their own, a poll showed bi-partisan support for greater financial accountability and tougher regulation.
Read More »Builders Battle Shortages But Brighter Days May be Ahead
Builder confidence was down slightly in July—but improved economic fundamentals may bring steady housing market growth later in the year.
Read More »Bank of America: Mortgage Production Up, Profits Down
Mortgage production was up for Bank of America in Q2 despite a drop in mortgage income during the quarter as well as a substantial overall drop in profits.
Read More »Owning is Cheaper than Renting in Most States
The combination of rising rents and rock bottom mortgage rates have made it cheaper to own a home than to rent a single-family home in most states, a recent survey showed.
Read More »The Week Ahead: Will Housing Starts Restart?
Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.
Read More »Consumers More Pessimistic About Mortgage Credit Access
Consumers’ experiences in the credit market have improved compared to earlier in the year, but at the same time consumers seem to be more pessimistic about their prospects ...
Read More »Senate Passes Bill to Reform FHA Housing Policies
A bill offering reforms to some FHA housing policies that passed by a unanimous vote in the House of Representatives has now passed by unanimous consent in the Senate.
Read More »Voters Believe Housing in America Needs Serious Fixing
Voters are widely dissatisfied with access to housing and mortgages and they believe the system is rigged against those who can't borrow money, according to a recent survey.
Read More »Mortgage Activity is On the Move for Banks in Q2
Wells Fargo, U.S. Bancorp, and PNC Financial Services Group all continued what JPMorgan Chase started, reporting increased mortgage activity for the second quarter of 2016.
Read More »Trump’s New VP Pick’s History with Housing
Republican presidential nominee Donald Trump's newly selected running mate, Indiana Governor Mike Pence, has a history of working to improve housing policy in his home state.
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