The statistics indicate that the Consumer Financial Protection Bureau’s (CFPB’s) new mortgage rules haven’t had the devastating impact that industry executives had predicted. But critics say the statistics don’t paint… Read More »
News
As wildfires consume thousands of homes, droughts tighten their grip on many areas, and violent storms become more frequent and more deadly, I t is getting more difficult to assume… Read More »
While higher interest rates aren’t expected to short-circuit the housing recovery, shortages of builders and construction workers could have that effect. The Census Bureau reports that the number of businesses… Read More »
As the Federal Reserve continues to weigh when (not if) to begin increasing interest rates, housing industry executives are wondering, and many are worrying), about the impact on the housing… Read More »
A CFPB pilot project has concluded that e-closings make the closing process more efficient and less confusing for borrowers. The CFPB’s continuing crackdown on Marketing Services Arrangements (MSAs) has led… Read More »
Consumers seem to be feeling somewhat better about the housing market, based on responses to Fannie Mae’s June National Housing Survey. Although the number of respondents viewing this as a… Read More »
Housing industry professionals view the continuing decline in the nation’s home ownership rate (which hit a new low in the second quarter) as a sign of housing market distress –… Read More »
The home purchase and rental markets usually move in opposite directions: When one rises, the other typically remains flat or falls. Soaring foreclosures and a battered housing market – both… Read More »
When will the Federal Reserve raise interest rates? Economists, business executives and consumers have been asking that question with increasing intensity for the past two years. The July employment report… Read More »
Although the Consumer Financial Protection Bureau (CFPB) has delayed for two months the implementation date for the new consolidated Truth-in-Lending/RESPA disclosure rules, industry trade groups are still pushing the agency… Read More »