Trump’s promise to “ban” large institutional investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability. Continue reading
FHFA Director Bill Pulte’s tweet dented Equifax, Experian and TransUnion shares as the MBA renewed calls to do away with tri-merge reporting. Continue reading
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more. Continue reading
Trump administration claims quotas for low-income borrowers hurt the middle class. NAR says where is the data? Consumer and civil rights groups say hundreds of thousands of working class and minority homebuyers will be sent packing. Continue reading
The next Fed chair may be more receptive to the president’s calls for rate cuts, but they’ll have to convince other central bank policymakers to give up their independence. Continue reading
Monthly purchases of $13 billion in mortgages and MBS may be taking pressure off mortgage rates — and setting the stage for a more attractive public offering. Continue reading
Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading
Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading
Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries. Continue reading
Zoomer co-buying is on the rise. Knowing what makes this generation tick and how to help them architect a deal will lead agents to a new stream of income in a stalled market, writes Annette DeCicco. Continue reading