Has the 30-year, fixed-rate mortgage outlived its usefulness, or is it still the bedrock of the U.S. housing finance system? Fortune Magazine cites three reasons for keeping it, among them,… Read More »

Conventional wisdom in Washington holds that restructuring of the home finance system is inevitable and will eliminate Fannie Mae and Freddie Mac. But analysts at Keefe Bruyette & Woods read… Read More »

“An unwarranted intrusion on personal privacy.” That’s how Republican critics are describing a sweeping data collection initiative launched jointly by the Consumer Financial Protection Bureau (CFPB) and the Federal Housing… Read More »

Think the new Qualified Mortgage rules and tighter underwriting standards generally have reduced default risks? Think again. A Default Risk Index created by University Financial Associates estimates that mortgages originated… Read More »

The CFPB is number one with lenders – number one on their list of concerns. More than 60 percent of the industry executives responding to QuestSoft’s annual compliance survey ranked… Read More »

  DO YOU KNOW Who created the first title insurance company? Which state contains the largest concentration of million-dollar- homes? What is the most expensive private residence ever built in… Read More »