Sen. Bernie Sanders will be the second presidential candidate to address housing policy next to Hillary Clinton, who laid out her homeownership goals in February.
Read More »ATR Rule Sends Borrower Claims Packing
Borrower claims appear to be fleeing the housing market two years after the Consumer Financial Protection Bureau introduced the Ability to Repay rule for mortgage servicers.
Read More »Freedom Mortgage Resolves FHA Allegations
Freedom Mortgage Corp., is the latest company to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.
Read More »Reevaluating The Mortgage Interest Deduction
While the industry shudders at the thought of a change to the cherished mortgage interest deduction, the future of homeownership could stand to benefit from such a change.
Read More »Will FHFA’s Principal Reduction Affect GSE Bottom Lines?
Fannie Mae and Freddie Mac will soon be required to offer principal reduction to certain seriously delinquent, underwater borrowers that are grappling with the after effects of the crisis. How will this affect the GSE bottom lines?
Read More »The New 21st Century Housing Financial System
America's housing finance system is in what some call a "dysfunctional limbo." Not only is it underperforming, but it is also outdated and in desperate need of a complete revamping among its mission, activities, products, and services.
Read More »Refinances Hit a Roadblock
Low mortgage rates do not appear to be enough of an incentive to attract homeowners to refinance their homes.
Read More »Regulators Dismiss 5 Big Banks’ Breakup Plans
The Federal Reserve and the FDIC have jointly determined that the 2015 resolution plans, or “living wills,” of five domestic systemically important financial firms are “not credible."
Read More »HUD’s ‘Wall Street Giveaway’ Draws Ire of Advocates
Both HUD and FHFA have recently made changes to their distressed loan sales aimed at improving borrower outcomes. But for some housing advocates, it hasn't been enough.
Read More »The Truth About the GSE Profit Sweep
A federal judge unsealed documents related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position.
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