Government

The report from the FHFA Office of the Inspector General covered an 18-month period from early 2013 to mid-2014.

The Five Star Institute President and CEO Ed Delgado announced Thursday at the 2016 Five Star Government Forum in Washington, D.C., that the Institute would be partnering with Ten-X to donate $50,000 to Operation Homefront.

Newfound optimism in the housing market from both lenders and borrowers is causing mortgage-related complaints to subside as customer satisfaction improves and financial institutions alter the way they do business.

Housing markets in the U.S. remain stable due to employment and current mortgage payments as 2016 moves forward, according to Freddie Mac.

As overall first-lien mortgage performance improves with more borrowers maintaining their monthly payments, the need for other loss mitigation actions is dissipating.

Since the highly anticipated rate hike last year, mortgage interest rates have not moved up as many in the mortgage industry expected, leaving many to wonder what happened to to the so-called increase in rates.

While many housing fundamentals have been nearing their pre-recession levels for months or even years in some cases, the nationwide homeownership rate sank to a 48-year low of 63.4 percent in the second quarter of 2015.

Though many experts have said housing finance reform is unlikely this year, the time is now to explore the fundamentals of how that reform could happen. Uniform and transparent measures of credit risks will play a key role—whether it’s in 2016, 2017, or beyond. Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.

Leaders from both servicing and government will join together Thursday, March 31, at the 7th Annual Five Star Government Forum at the Newseum in Washington, D.C. to explore the effect that rules of regulation that originates in Washington, D.C. are having on the mortgage servicing industry and homeowners.

Michael Stegman, who currently serves as the National Economic Council's top housing adviser at the White House, is stepping down from that position, a Treasury spokesperson confirmed to MReport.