Most everyone agrees that the conservatorships need to end, but cannot agree on how. What did a conservative coalition propose as the solution?
Read More »Blurred Lines in the FHA’s Appraisal Policies
When the FHA announced numerous changes to its Single-Family Housing Policy Handbook last year, many in the industry were confused about the lack of clarity regarding the blurred lines between appraisals and inspections.
Read More »Is the Federal Reserve’s Leadership Diverse Enough?
U.S. Senator Elizabeth Warren (D-Massachusetts) and 10 other U.S. senators addressed what they believe to be a problem in the demographic makeup among the Fed’s leadership.
Read More »The Regulatory Cost of Homeownership
Regulations in the housing market are not only an added responsibility for mortgage companies, but it seems that compliance costs are spilling over into American households.
Read More »OCC Considers New Innovation in the Banking System
The financial industry has been buzzing about the possibility of a national bank charter for non-bank financial technology companies even though such a charter has not been issued since the financial crisis.
Read More »3 Priorities for Banks This Year
Here are the key objectives and priorities that banks need to focus on for the remainder of the year, according to the OCC.
Read More »Castro Dispels Myth About Millennials and Homeownership
The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.
Read More »Quicken CEO Won’t Budge on DOJ Mortgage Allegations
Quicken Loans, the largest Federal Housing Administration lender in the country, is standing its ground in a government lawsuit for allegedly knowingly submitting claims for hundreds of improperly underwritten FHA-insured loans.
Read More »Does This Advocacy Group Have the TRID Answer?
Moody's Investor's Service gave a seal of approval for the Structured Finance Industry Group's TRID compliance proposal, noting that it is adequate to address compliance risks that are likely to cause losses to residential mortgage-backed securitization (RMBS) trusts despite uncertainties.
Read More »Mortgage Repurchases Say Farewell at Freddie Mac
Mortgage repurchases, a seemingly taboo subject in the housing market, are down significantly from their peak at Freddie Mac. What benefits does this phenomenon pose for the mortgage industry?
Read More »