Fed Rate Drop Ahead?
A new report shows how many believe mortgage rates could be impacted if the Fed cuts interest rates this week. The post Fed Rate Drop Ahead? appeared first on DSNews. [...]
Combating Urban Blight With Cheap Homes in Detroit
Homes in Detroit are being auctioned off for as low as $1,000 thanks to a program from the Detroit Land Bank Authority, but there's a catch. The post Combating Urban [...]
Fighting Foreclosures on the Hill
In an effort to combat foreclosures for borrowers with Federal Housing Administration (FHA) mortgages, Congresswoman Maxine Waters introduced the FHA Foreclosure Prevention Act of 2019. Here's what is in the [...]
Liquidity’s Impact on Default Rates
According to research from JPMorgan Chase, borrowers can reduce their risk of default by increasing their liquidity. Here's why. The post Liquidity’s Impact on Default Rates appeared first on DSNews. [...]
CFPB Seeking Comments on the GSE Patch
The Consumer Financial Protection Bureau recently issued an Advance Notice of Proposed Rulemaking seeking information relating to the Qualified Mortgage Patch The post CFPB Seeking Comments on the GSE Patch [...]
GDP Exceeds Expectations
Gross domestic product has slowed down, but not as much as expected, according to the latest report from the Bureau of Economic Analysis. The post GDP Exceeds Expectations appeared first [...]
The Week Ahead: Will the Fed Reduce Rates?
The much-anticipated announcement by the Federal Open Market Committee this week will determine whether interest rates will fall or remain unchanged. Here’s what else is happening in The Week Ahead. [...]
Preparation is Key for Natural Disasters
Hurricane Barry struck the coast of Louisiana on July 13. It is one of a possible 14 storms predicted by Colorado State University, with the chances of a major storm [...]
Ask the Economist: First-Time Buyer Misconceptions and the Global Economy
DS News spoke to Fannie Mae Chief Economist about how the global economy is impacting housing. Editor's note: This feature originally appeared in the July issue of DS News, out [...]