St. Louis Fed: Foreclosure Crisis Nears Conclusion
The Federal Reserve Bank of St. Louis stated that the final remnants of the recession’s “historically elevated rates of extreme mortgage distress and defaults” are largely in the rear view [...]
Carson Spells Out Plans for Leading HUD
HUD Secretary-Designate Dr. Ben Carson calmly answered questions for nearly three hours before the Senate Banking Committee in his confirmation hearing on Thursday, saying that he wanted to run HUD [...]
Supreme Court Rejects Banks’ Petition
The U.S. Supreme Court rejected a petition by several banks hoping to review a May ruling that challenged the statute of limitations on when federal regulators could sue financial institutions. [...]
Pre-crisis Originations Comprise Bulk of Foreclosures
U.S. foreclosures in 2016 hit a 10-year low, but high numbers of legacy foreclosures remain in some markets. The post Pre-crisis Originations Comprise Bulk of Foreclosures appeared first on DSNews. [...]
Invitation Homes Makes Public Offering Plans Known
Six months after initially announcing its intention to go public, single-family rental platform Invitation Homes has made its plans known for the IPO. The post Invitation Homes Makes Public Offering [...]
The Fluctuating Trend with First-Time Homebuyers
What factors are limiting first-timers from moving forward with the home buying process once it is started? The post The Fluctuating Trend with First-Time Homebuyers appeared first on DSNews. Source: [...]
Bankruptcy Filings Finish 2016 with Upward Turn
After falling year-over-year for five consecutive Decembers, the number of bankruptcy filings bumped up from the previous year, according to the latest AACER bankruptcy data reported by Epiq Systems. The [...]
Will Housing Become Less Affordable?
Affordability may be strong for now in the housing market, but how much longer will that last? Maybe not too much longer, according to one analysis. The post Will Housing [...]
House Dems Write in Defense of Cordray
A group of Democrats from the U.S. House of Representatives have written a letter to President-elect Donald Trump asking him not to remove CFPB Director Richard Cordray before his term [...]