Donald J. Trump was sworn in as the 45th President of the United States on Friday, while the nation—and the industry—listened in closely as he promised to rebuild the economy by putting American people first.
Read More »Housing Starts: Strongest Year Since 2007
Even with the increase, and the best year for housing starts in nearly a decade, more is needed in order to overcome the ongoing shortage of available homes for sale, according to one economist.
Read More »Builder Confidence Levels Out Following Spike
December was a banner month for builder confidence in the single-family housing market as builders anticipated regulatory relief from the incoming administration. What happened to builder confidence in January?
Read More »Senate Democrats Praise CFPB Director’s Record
As speculation persists that President-elect Donald Trump will fire Consumer Financial Protection Bureau (CFPB) Director Richard Cordray once Trump takes office, lawmakers on both sides of the aisle are pleading their respective cases as to why Cordray should either stay or go.
Read More »HARP-Incentivized Borrowers are Concentrated
Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.
Read More »The CHOICE Act: The Solution or the Problem?
With so much talk lately around the possibly of the soon-to-be-installed Trump Administration rolling back regulations for the financial industry, the House Financial Services Committee Chairman is making his case for the Republicans’ Dodd-Frank alternative, the Financial CHOICE Act.
Read More »How Will the Court’s CFPB Ruling Affect Lending?
The new administration that is about to begin has promised to cut back regulations, so how would a court ruling on the CFPB's appeal of the decision in the PHH case affect mortgage lending going forward?
Read More »Mnuchin and Senate Gearing Up for Hearing
Housing industry stakeholders will be watching closely when President-elect Donald Trump's choice for Treasury Secretary, Steve Mnuchin, answers questions from the Senate at his confirmation hearing this week. Mnuchin has vowed to end the government's conservatorship of the GSEs.
Read More »Home Equity is on the Rise for Seniors
Home equity overall has been steadily increasing since negative equity peaked a few years ago. One particular group that has benefited from home price appreciation creating equity over the last few years is the age 62 and up crowd.
Read More »The Road to GSE Reform
How can the industry tackle GSE reform in the coming years? One housing expert weighs in. (Editor's Note: This select print feature originally appeared in the January 2017 issue of MReport magazine)
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