Experts weigh in on what the interest rate hike by the Fed on Wednesday means for the mortgage industry, especially HELOCs, which are likely to get impacted. Click through to learn what they had to say.
Read More »Banking Committee Votes Aye on Clarida Nom
The nominations of Richard Clarida for Vice-Chairman of the Fed and Michelle Bowman for Member of the Board of Governors of the Fed is now headed for a Senate vote. Click through for the details.
Read More »500 Days: A Housing Industry Snapshot
Which rules and regulations have impacted the housing industry since the Trump administration came to power in January 2017? Click through to learn the impact of this administration’s legislation and nominations on the industry.
Read More »Scrutinizing Reforms at CFPB
Here’s what the Financial Services Committee said during a hearing to discuss CFPB’s Acting Director Mick Mulvaney’s recommendations to promote greater transparency at the Bureau as well as other reforms at CFPB.
Read More »FHFA Credit Scoring and Competition
Does the FHFA’s credit-scoring model need an update? Critics of the current system argue that homeowner demographics are changing and that the FHFA needs to evolve to meet their needs.
Read More »HUD Puts the Focus on National Homeownership
June is National Homeownership Month, and the U.S. Department of Housing and Urban Development kicked things off with a new media push under the banner, “Find Your Place.” Click through for all the details.
Read More »Examining Tax Reform’s Impact on Housing
Half a year after Congress revamped tax laws, a new report attempts to determine what effect it is having on housing. Click through to learn the details.
Read More »President Trump: “This is an Important Piece of Legislation”
Watch what the President had to say about The Economic Growth, Regulatory Relief and Consumer Protection Act, passed by the House on Tuesday, becoming a law. The Bill aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act.
Read More »Mel Watt Outlines GSE Conservatorship Challenges
Saying that the “status quo is not a viable option” on the current conservatorship of the GSEs Sen. Mike Crapo and the Senate Banking Committee heard the testimony of Melvin Watt, Director, FHFA on the status of the housing finance system. Here’s what he had to say.
Read More »Industry Reacts to Brian Montgomery as FHA Commissioner
After months of delays, Brian Montgomery’s nomination for Assistant Secretary for Housing-Federal Housing Commissioner, U.S. Department of Housing and Urban Development, has finally been approved by the Senate ...
Read More »