Government

After months of back-and-forth between delays and grace period conversations, the Consumer Financial Protection Bureau finally launched the TILA-RESPA Integrated Disclosure rule nearly four months ago. But were there mistakes and confusing wording in the 1,888-page regulation that went overlooked?

In her testimony before the House Financial Services Committee on Wednesday when discussing monetary policy, Yellen pointed out factors that have weighed on aggregate demand, such as limited access to credit for some borrowers, weak growth abroad, and the dollar’s significant appreciation.

Though homebuilding hiring has increased, the number of unfilled jobs in the overall construction sector is growing and homebuilders can't seem to shake one particular worry looking ahead in 2016.

PennyMac Financial Services, Inc., recently reported higher fourth quarter profits, led by their loan servicing department.

The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.

President Barack Obama had much to reflect on prior to unveiling his final budget plan for Fiscal Year 2017, but one theme remained consistent in every part of his speech to Congress and the U.S. today—economic strength is the key to America's future.

Housing policy has been overlooked many times by the Obama Administration. During President Barack Obama's last State of the Union address in January, he did not mention one housing-related topic at all, but his FY 2017 budget will make a substantial investment toward housing.

Many in the industry believed that the The TILA-RESPA Integrated Disclosure (TRID) rule was the culprit behind the huge decline in existing-home sales in November 2015.

The housing market is six years into the current recovery, and while banks are generally in good health, worrisome signs of credit risk are still prevalent among these institutions.

With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market.