The Mortgage Bankers Association June 18 submitted a comment letter to the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency, recommending improvements to the Basel III re-proposal.

The Federal Reserve June 17 held interest rates steady, maintaining the federal funds rate in its current range of 3.5%-3.75%.

For more than a decade, policymakers, researchers, and industry stakeholders have focused on addressing a persistent shortage of housing in the United States. However, changing demographic and market conditions suggest that the housing landscape may look markedly different in the years ahead. This is according to a new white paper released by the Mortgage Bankers Association (MBA) examining recent and emerging shifts in U.S. housing demand and supply.

Affordability challenges and rising economic uncertainty are squeezing housing conditions for both owners and renters, the State of the Nation’s Housing report from the Harvard Joint Center for Housing Studies found.

Genstone’s Bryan Lysikowski says many of the investors he speaks with remain as active as they were several years ago. "What has changed is not their appetite to invest, but the environment and the level of precision now required to generate attractive returns."

LendingTree, Charlotte, N.C., released a new analysis, finding that borrowers who compare mortgage offers could save an average of $62,572 over the life of a 30-year, fixed-rate mortgage.