The Consumer Financial Protection Bureau recently conducted a study on financial stability, and homeownership played a pivotal role.
Read More »GSE Portfolio Shows Improvement
The Urban Institute September chart book was recently released, outlining refinances, serious delinquencies, and the government sponsored enterprises delinquency rates, amongst various other statistics related to the industry.
Read More »JPMorgan Chase: Assisting in 4 Economic Growth Areas
In an announcement released Monday by JPMorgan Chase, the bank revealed its third investment in a major U.S. city—Washington D.C.—to help serve underserved neighborhoods, specifically Wards 7 and 8. The program will provide $10 million in aid to the city.
Read More »Home Price Appreciation Growth Rate Slows
According to Black Knight Financial Service’s July Housing Market Index report, home prices are still appreciating, but at a slower rate than earlier in the year.
Read More »Week Ahead: Case-Shiller Home Price Index
On Tuesday, September 26, the Case-Shiller Home Price Index for July will be released. In the face of increasing home prices and constricted inventory, experts await July’s numbers to see if the trend of home price appreciation will continue.
Read More »Fed: Household Worth Climbs with Stock and Housing Market
According to the United States Federal Reserve report, overall national net worth of households rose by 1.7 percent, to $1.7 trillion in the second quarter of 2017, which has been attributed to continued growth in both the stock market and the housing market.
Read More »Is the CFPB’s Regulatory Power Limited?
The Consumer Financial Protection Bureau could potentially run into roadblocks in issuing ramifications for Equifax’s recent data breach of 143 million people, according to a report The Consumer Financial Protection Bureau could potentially run into roadblocks in issuing ramifications for Equifax’s recent data breach of 143 million people, according to a report.
Read More »Gathering of Mortgage Industry Professionals Comes to a Close
As another Five Star Conference has come to a close, the industry reflects upon the opportunities that engagement and learning the previous days have afforded. Insights were delivered during the Five Star Conference Academic Labs, which provided opportunities of edification, ...
Read More »CFPB: Final Ruling on Home Mortgage Disclosure Act
The Consumer Financial Protection Bureau (CFPB) has issued a final ruling on its amendment to Regulation B of the Home Mortgage Disclosure Act, with the intention to assist with compliance with Regulation C. According to the CFPB’s report, the amendment ...
Read More »Continuing Hurricane Season Devastating U.S. Housing Market
Hurricane Maria, the third hurricane to make landfall on U.S. territory, has ravaged Puerto Rico, leaving 21 out of 22 total weather stations without power. The storm's intensity has been attributed to a low pressure system in the area, as well as a shallow storm center.
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