HUD: Establishing Equal Opportunities
The U.S. Department of Housing and Urban Development (HUD) recently announced an agreement to resolve a discrimination complaint against the fairness of the Maryland's Low-Income Housing Tax Credit (LIHTC) program. [...]
Mortgages Facing Risk of Fraud
CoreLogic Senior Director of Fraud Solutions Strategy Bridget Berg recently took a look at the overall fraud risk outlook for 2017. Based on CoreLogic’s information, fraud risk increased by about [...]
Industry Reacts to September Employment Report
The U.S. Department of Labor released its September 2017 Employment Situation Friday revealing how real estate, mortgage, and construction jobs faired over the month. Take a look at how industry [...]
Inclusionary Housing: A Potential Solution?
Inclusionary housing programs refer to any programs or policies that require the creation of affordable housing when new development occurs, including impact or linkage fees that generate revenue for affordable [...]
Mortgage Delinquency: A Servicer Handbook
Fitch Rating’s U.S. RMBS Servicer Handbook for October 2017 was recently released showing a decline in delinquencies for most companies that service underperforming loans—but not all. The post Mortgage Delinquency: [...]
Zillow Chief Economist Weighs in on GOP Tax Plan
Many in the housing industry have been concerned over the possible elimination of the mortgage interest deduction, but now that the framework of the plan has been released, their concerns [...]
Mortgage Free Baby Boomers?
One of the biggest concerns of being a retired homeowner is financial security, one thing Baby Boomers may be doing better than their generational predecessors. Take a look at what [...]
Waters Introduces Bill Targeting Big Banks
On Wednesday Congresswoman Maxine Waters (D-California) issued a warning to big banks in the form of a new bill that if made into law would allow regulators to break up [...]
Freddie Mac Securing Seasoned Loans
On Wednesday, Freddie Mac sold $817 million worth of seasoned loans, which completed its third Seasoned Loan Structured Transaction (SLST) of seasoned re-performing loans (RPL) and moderately delinquent loans serviced by [...]