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CFPB Corrects, Clarifies Final Rule Amendments

The Consumer Financial Protection Bureau has taken two big steps in clarifying its amendments to the 2013 mortgage servicing rules, which were issued in August 2016. The Bureau issued a correction on its amendments, as well as guidance regarding the three-day early compliance period. Born out of industry concern over the rule’s midweek effective dates, today’s announcement could be a game-changer for many in the industry.

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Prices are Up, But So is Affordability

Home prices may be up across the nation—and setting record highs, at that—but affordability is actually up at the moment. What’s causing this increase in homebuying power? An Index released today may have the answers we’re looking for.

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What Can Lenders Do to Stand Out?

As refinance activity declines and housing prices keep rising, lenders are clamoring to attract what few purchase buyers are still out there. But they’ll need to up their game in order to stand out from the pack. What’s the best way to do that? A new report released on Monday has the answer.

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Hottest HPI Cities in the Country

Home prices are appreciating all over the country—and some places are hotter than others. Read on to find out where the best cities are in the country are, and which ones to stay away from.

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Lenders are Loosening Up … But Why?

Lenders are continuing to loosen up their credit standards—and they have been for some time, according to a new survey from Fannie Mae. But what’s causing this easing and how long will it go on? The GSE may have the answer.

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Attention Homeowners: You Could Fix the Housing Shortage

for sale

Homeowners think it’s a great time to both buy and sell, however in the current housing shortage, when it comes to buying, renters tend to dissagree. If homeowners are so positive that it's a good time to sell, what's stopping them from putting their houses on the market?

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The Week Ahead: What the Latest Housing Data Will Tell Us

Next Wednesday, a report by Urban Institute will release updating on the current state of Housing Finance. Last month, household formation, construction activity, and first-time homebuyer share were all moving in a positive direction, but will this months report continue this trend? See more information on last months report plus what else is coming in the week ahead.

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HUD: New Home Sales Above Estimates

The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices…

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Freddie Mac Getting Fat

Freddie Mac’s getting fat, again. Just how much, however, pales in comparison to a few months prior. So just how well is the GSE doing? The answer’s in the numbers.

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Could the Market Be Cooling Off?

It seems the nation’s white-hot seller’s market may be starting to cool off—at least if a recent analysis is accurate. San Francisco, New York City, Miami, and other major cities are all showing subtle signs of slowing down, but does it spell the end of the seller’s market? And more importantly, will it become a nationwide trend? Only time will tell.

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