Despite an ongoing boycott by Senate Democrats, the GOP members of the Senate Finance Committee used a parliamentary rule to advance the confirmation of Treasury Secretary nominee Steven Mnuchin to a full Senate vote on Wednesday.
Read More »Fannie Mae’s Mortgage Portfolio Continues to Fall
Fannie Mae’s continuing efforts to wind down its mortgage portfolio are certainly clear when viewed through their latest report.
Read More »Can’t Stop, Won’t Stop: Home Prices Continue to Climb
The S&P CoreLogic Case-Shiller National Index has reached a new high thanks to favorable economic conditions for the real estate market.
Read More »Freddie Mac Portfolio Growth at 8 Year High
Freddie Mac released a summary detailing the performance of it’s mortgage portfolio, showing not only record high gains year-over-year for December but a strong 2016 overall for the GSE. See just how much better the company fared in 2016 over previous years...
Read More »New Home Sales Get Cold Shoulder in Winter…
Data from two government agencies estimates that the number of homes sold last year was substantially higher than the figure seen in 2015 but lower than predictions.
Read More »CFPB Battle Heats Up on Multiple Fronts
Attorneys general across America went to bat for the Consumer Financial Protection Bureau while a bill to change the Bureau’s structure was introduced in the Senate.
Read More »Fannie Mae Backs Up Blackstone
For the first time, a GSE is guaranteeing the debt of an institutional owner of single family homes.
Read More »Cordray Shares Expectations for New Administration
The Director of the Consumer Financial Protection Bureau said he has no plans to step down before his term is up in July 2018.
Read More »Senate Committee Clears Carson for Full Vote
The Senate Banking Committee on Tuesday recommended the nomination of Dr. Ben Carson as the 17th HUD Secretary be sent to the U.S. Senate floor for a full vote.
Read More »FHA Rate Cut: What It Would Have Meant To Lenders
What exactly is at stake following Friday’s suspension of the FHA mortgage insurance rate cut?
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