Category: Top National News

Washington Post, Feb. 3, 2017–Renae Merle”We expect to be cutting a lot out of Dodd-Frank,” Trump said during a meeting with business leaders Friday morning. “Because frankly, I have so many people, friends of mine, that had nice businesses, they just can’t borrow money … because the banks just won’t let them borrow because of the rules and regulations in Dodd-Frank.”

CNBC, Feb. 3, 2017–Berkeley Lovelace Jr.Economic activity in the services sector grew in January for the 85th consecutive month, according to data from the Institute for Supply Management on Friday.

UExpress, Feb. 3, 2017–Lew SichelmanThere are good reasons for sellers to limit the times and hours their home can be shown to prospective buyers. But if you put too tight a window on viewings, your place is likely to linger on the market or remain unsold.

Philadelphia Inquirer, Feb. 5, 2017–Caitlin McCabeLost in the initial noise of Trump’s action, it seemed, was one important thing: Reversing Obama’s decision did not mean costs were going up. The cut had not yet taken effect, meaning the FHA insurance rate – currently 0.85 percent of the loan amount–will stay exactly where it has been since January 2015.

Wall Street Journal, Feb. 5, 2017–Telis Demos; Peter RudegeairThe six biggest U.S. banks could potentially return more than $100 billion in capital to investors over time through dividends and share buybacks if the Trump administration succeeds in a push to loosen bank regulation.

Wall Street Journal, Feb. 5, 2017–Rachel Witkowski; Ryan TracyLegislative challenge will primarily play out in Senate, where GOP holds 52 seats but passage of overhaul likely would require 60 votes.

National Mortgage News, Feb. 3, 2017–Joe AdlerThe immediate questions about the order focused on what authority the White House has to enact real change, since congressional Democrats are resistant to rolling back the law and those running the regulatory agencies are still Obama administration appointees.

National Mortgage News, Feb. 3, 2017–Allison PrangA number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

HousingWire, Feb. 3, 2017–Kelsey RamirezThe homeownership rate for Hispanics increased in 2016, contrary to other ethnic groups, who all saw a decrease in homeownership.

CNBC, Feb. 5, 2017–Trent GilliesMore than 6 percent of home sales last year were “flips”, according to a new report from Trulia. The real estate data website defines a flip as the selling of a home at least twice within a year. That’s the highest number in a decade.