Home building in the U.S. picked up again in April after reaching the slowest pace in seven months, easing some of the previous concern surrounding the construction sector.
Read More »Are Stress Tests Still Important? To the OCC, They Are
Stress tests have come under some scrutiny lately as to whether or not they are providing any new, relevant information seven years after the Federal Reserve disclosed the results of the first stress tests. To the OCC, however, stress tests are still relevant.
Read More »Regulations Tend to Rise No Matter Who is President
The perception among Republicans is that the financial industry, and the country in general, have been overregulated under President Obama. But the president's political party might not be as much of a factor as some think.
Read More »How Will the Supreme Court’s Ruling Affect Servicers?
In the case of Spokeo Inc. vs. Robins, the Court ruled that consumers must prove that they have suffered “concrete harm” in order to bring a class action suit under the FCRA. What does this ruling mean for mortgage servicers?
Read More »HARP Reaches Another Milestone
For a program that was only supposed to be temporary, The Home Affordable Refinance Program (HARP) is still going rather strong.
Read More »TRID’s Mixed Reviews 6 Months Later
Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?
Read More »Builders Sing the Same Tune for 4th Straight Month
Home builders' sentiment toward the single-family housing market has held firm over the last few months, showing slow, but continued progression in the single-family sector.
Read More »The Effect of the CFPB’s Arbitration Rule on Lenders
The CFPB's push to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts comes with a price.
Read More »Fannie Mae’s Portfolio Gets a Little Less Delinquent
Wall Street has figured in another billion-plus dollar non-performing loan (NPL) sale for one of the GSEs.
Read More »Freddie Mac Keeps Making Taxpayers’ Load Lighter
While the conservatorships continue, so do the Enterprise’s initiatives to ease the risk for taxpayers by further involving investors in the private capital market.
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