Banking Committee Approves Marcia Fudge’s Nomination to be HUD Secretary
The Senate Committee on Banking, Housing, and Urban Affairs voted 17-7 in favor of Marcia Fudge's nomination as Secretary of Housing and Urban Development (HUD). The committee held Fudge's confirmation [...]
Is the Economy Stuck in Neutral?
There’s a low demand for capital investment due to many factors, which has more or less neutralized the economy. In fact, the neutral rate of interest is at a historic [...]
DS5: Why the Public Capital Market is Attracting Lenders
In the latest episode, DS5 Inside the Industry speaks with Patricia Cook, CEO for Finance of America, who discusses why lenders are seeking to access public capital markets and how [...]
FHFA’s Stats on Mortgage Loan Performance in 2020
When the coronavirus pandemic prevented many Americans from working, many wondered what would happen in the housing market. After all, no employment, no paycheck, no paying the mortgage. The Federal [...]
Damaged Economy Hasn’t Slowed Rise in Home Equity
Being underwater on a mortgage can lead to foreclosure, so the "good news" is that "fewer homeowners across the country are underwater on their loans,” property-data experts say. The post [...]
Teamwork in Troubled Times
Scott Gesell, CEO at Gateway First Bank, shares his secrets to surviving, and thriving, during a national crisis. The post Teamwork in Troubled Times appeared first on DSNews. Source: DS [...]
Study: Most Americans Could Use a Third Stimulus Check
When it comes to rent and mortgage payments, many study participants fear that they will fall behind without help. That’s even more true for people of color and seniors. The [...]
FHFA Announces New General Counsel
Clinton Jones offers a "long-standing career in public service, in-depth legal expertise in housing policy, and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator," says [...]
FHA Updates Policies for In-Person Servicer/Borrower Contacts
Officials say "protecting the health, safety, and homeownership security" of Americans are "urgent and immediate priorities." Waivers issued today are an important step. The post FHA Updates Policies for In-Person [...]