HousingWire, July 12, 2016–Lane, Ben
Problem mortgages nearing pre-crisis lows.
Category: Top National News
Language Question Draws House Scrutiny
Scotsman Guide, July 13, 2016–Whitman, Victor
MBA, House members voice oppopsition to controversial FHFA proposal.
Mortgage Refinances Surge 11%, as Rates Drop to Three-Year Low
CNBC, July 13, 2016–Olick, Diana
Rates at three-year lows.
Will a CFPB Commission Ever Happen?
National Mortgage News, July 13, 2016–Berry, Kate
Republicans, industry support five-person commission based on SEC.
Fight Over Reform Bill Turns into Fight Over Capital Worldviews
National Mortgage News, July 13, 2016–McKendry, Ian
Brexit, other factors widen debate.
Millennials with Student Debt Not Interested in Buying Homes
HousingWire, July 13, 2016–Ramirez, Kelsey
Millennials reluctant to take on more debt.
Law Center Calls Seller-Financed Home Sales ‘Toxic Transactions’
New York Times, July 14, 2016–Stevenson, Alexandra; Goldstein, Matthew
More “skin in the game” makes homeowners more responsible, study says.
Neighbors Say ‘Zombie’ Condominiums Also a Drain
LoHud (N.Y.), July 15, 2016–Matsuda, Akiko (N.Y. MBA mention)
N.Y. Mortgage Bankers Association reiterates call for changes to state foreclosure procedures, longest in country.
Senate Passes Bipartisan FHA Condo Reform Bill
National Mortgage News, July 15, 2016–Collins, Brian
Bill includes major reforms to FHA condo program, Rural Housing Service program.
Tax Credit Certificates on the Rise
UExpress, July 15, 2016–Sichelman, Lew
The certificates help low-, moderate-income buyers offset interest.