Good News for Households: Poverty Down and Income Up
Recently released data from the U.S. Census Bureau reports that the U.S. annual household incomes showed their first annual increase since 2007 and the strongest pace of income growth in [...]
Holding Off: Why High-Mortgage-Rate Loans Aren’t Being Refinanced
A recent report from CoreLogic further examines the refinance option for outstanding first mortgages in the CoreLogic servicer-contributed database. The post Holding Off: Why High-Mortgage-Rate Loans Aren’t Being Refinanced appeared [...]
OCC Says Banking System is in a Position of Strength
OCC states that in the eight years since the crisis, the banking system has progressed to the point where it would be a mistake to change course. The post OCC [...]
Summer Brings Best Housing Market In Decade
A new report from Fannie Mae states that though summer is normally a popular time to buy or sell a home, this season’s strong housing and economic data may make [...]
The Week Ahead: A Tale of Two Housing Markets
The existing-home sales report covering July was a stark contrast to the new home sales report from HUD and the Census Bureau for the same month. What will August's existing-home [...]
Non-Prime Programs Make a Comeback
Non-prime mortgage origination programs that use securitization as a funding source are are not a simple re-branding of pre-crisis subprime loans. The post Non-Prime Programs Make a Comeback appeared first [...]
Income Growth Outpacing Home Prices In Poorer Cities
Times might still seem tough, but income growth is moving at a faster pace than its ever been, particularly in lower-income areas based on numbers from the U.S. Census 2015 [...]
MHA Report Shows Ocwen Leader in HAMP Programs
Ocwen Financial Corporation recently announced that according to the recently released U.S. Department of the Treasury MHA Report, they are the leader in helping struggling homeowners stay in their homes [...]
KBRA Reflects on Financial Institutions Before Q3 Earnings Release
As U.S. markets near the release of Q3 2016 earnings for financial institutions, Kroll Bond Rating Agency (KBRA) notes that credit conditions continue to reflect a benign profile overall. The [...]