The Week Ahead: Update on Economic Growth
As housing continues to play a large role in economic growth, the upcoming FOMC meeting will include an overview on economic indicators across the country. Here's what else is happening [...]
‘Burdensome’ Laws, Regulations Impacting Housing Growth
FHFA Director Mark Calabria said reform of Fannie Mae and Freddie Mac are key to fixing the nation’s affordability issues. The post ‘Burdensome’ Laws, Regulations Impacting Housing Growth appeared first [...]
FHA Announces New Deputy Assistant Secretary
Joe Gormley first joined the organization in 2017 and previously served under Federal Housing Commissioner Brian Montgomery. The post FHA Announces New Deputy Assistant Secretary appeared first on DSNews. Source: [...]
Goldman Sachs: New IPOs Require Diversity
CEO David Solomon said the bank will not "take a company public unless there’s at least one diverse board candidate, with a focus on women." The post Goldman Sachs: New [...]
Former Wells Fargo CEO Banned From Banking
The Office of the Comptroller of Currency states that John Stumpf has also agreed to a $17.5 million fine. The bank’s new CEO says the actions of former employees were [...]
Survey: Default Rates Expected to Grow
Servicing professionals are expecting these loan types to see an increase in default rates, according to Altisource. Click through to find out why. The post Survey: Default Rates Expected to [...]
Smaller Cities Winning Big in Rental Demand
As affordability persists in the larger metros, a new report found people are flocking to satellite cities. The post Smaller Cities Winning Big in Rental Demand appeared first on DSNews. [...]
Economy: Recovery From Great Recession ‘Largely Uneven’
What caused one expert to say distressed zip codes are “unlikely to ever recover.” The post Economy: Recovery From Great Recession ‘Largely Uneven’ appeared first on DSNews. Source: DS News
Supreme Court Offers Ruling on Bankruptcy Appeals Case
The decision was handed down by the Sixth Circuit in the case of Ritzen Group., Inc. v. Jackson Masonry, LLC regarding the “finality” from relief of stay. The post Supreme [...]