Category: Top National News

Scotsman Guide, May 17, 2016–Whitman, Victor
In a speech Monday, Mortgage Bankers Association President David Stevens said that reforms on the government-sponsored enterprises aren’t moving fast enough.

MarketWatch, May 17, 2016–Riquier, Andrea
Rent price growth matched the highest since the financial crisis, another indication of the imbalance in the nation’s housing market. In early May, a report called “Diverted Homeowners, the Rental Crisis and Foregone Household Formation” was released by the Mortgage Bankers Association.

National Mortgage Profesional, May 17, 2016
The Mortgage Bankers Association Opens Doors Foundation announced that it is accepting “Text-to-Give” donations.

New York Times, May 17, 2016–Goldstein, Matthew
Life may soon get tougher for private buyers of distressed mortgages from the federal government. HUD said on Tuesday that it would announce, possibly as soon as this week, a new set of rules governing the sale of mortgages formerly guaranteed by the government.

Huffington Post, May 17, 2016–Navarro, Bernie
The author asserts that criminal activity must be curbed while creating a transparent and level playing field in mortgage lending. Failure to do so will damage a safe environment for consumers.

HousingWire, May 17, 2016–Lane, Ben
Americans are “paying more attention” to their debts in the wake of the financial crisis, and because of that increased attention, the share of consumers’ disposable income that’s going to mortgage debt is now at its lowest level in 35 years.

Bloomberg, May 17, 2016–Chiglinsky, Katherine
Radian Group Inc., the second-largest U.S. mortgage insurer, said Chief Executive Officer S.A. Ibrahim will step down at the end of next year after steering the company through the financial crisis as weaker rivals collapsed.

National Mortgage News, May 17, 2016–Passy, Jacob
Despite a weak first quarter for GDP growth, the Mortgage Bankers Association’s chief economist still predicts that the Federal Reserve will raise short-term interest rates this year.

The Urban Institute, May 16, 2016–Goodman, Laurie; Zhu, Jun
The authors said two-to-four-unit buildings disproportionately provide housing and income to low-income communities and minority owners and renters and suggests that overcorrection by policymakers caused why obtaining these loans has become more difficult.

Wall Street Journal, May 16, 2016–Sparshott, Jeffrey
A gauge of home-builder sentiment was unchanged in May, a sign of steady growth for the housing market.