Freddie Mac sellers/servicers brace yourself for some significant changes regarding the way that they you do business in the coming year.
Read More »Expanding Home Equity Boosts Market Health
While many factors contribute to the overall health of the housing market and economy, home equity is providing a major boost to the overall position of U.S. households.
Read More »Risky Business: OCC says Banks Getting Looser with Lending
A survey of 95 national banks and federal savings associations revealed overall on average, those institutions have eased their underwriting standards for the third consecutive year, according to a report from the Office of the Comptroller of the Currency.
Read More »Here’s What’s in Store for the Mortgage Market in 2016
Although the housing market is expected to see slower growth in 2016, the industry is expected to continue on the path to recovery as the market expands and more households are formed.
Read More »Here are the Best and Worst Housing Markets in America
Housing in some metros over the last four years has recovered more quickly driven by substantial economic growth, while housing has been slow to recover in some metros based on sluggish economic growth.
Read More »Homeowner & Appraiser Opinion Gap Narrows
Homeowners and appraisers are inching closer to seeing eye to eye in terms of home value opinions. Quicken Loans’ national Home Price Perception Index found that the average appraisal in November was 1.87 percent lower than the value the homeowner expected.
Read More »Financial Stability Oversight Council: ‘Too Big to Fail’ Existent or Nonexistent?
"Too Big to Fail” was the prime topic of discussion at an oversight hearing for the Financial Stability Oversight Council in the House Financial Services Committee on Tuesday.
Read More »Real Estate & Construction Job Sectors Show Strong Growth
Although overall job openings, hires, and separations were little changed at the end of October 2015 compared to the previous month, the construction and real estate and rental and leasing sector experienced some positive changes.
Read More »Comptroller Introduces Proposals to Lower Regulatory Burden for Small Banks
Speaking at the sixth interagency outreach meeting on The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) of 1996, Comptroller of the Currency Thomas J. Curry outlined specific legislative proposals that have been introduced to reduce regulatory burden on smaller banks.
Read More »2016 Housing Forecast: Home Sales and Prices Rise, Refi Volumes Fall
The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday.
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