GSE reform could increase costs to borrowers: CBO
The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing. ... Read full article
The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing. ... Read full article
The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations. ... Read full article
From medical expenses to home improvements, here's a look at some of the most frequently cited reasons homeowners are borrowing against their home equity. ... Read full article
Despite soaring home prices, other factors needed to inflate a housing bubble are absent from the real estate market. But experts warn falling home values and rising mortgage defaults are inevitable, even if conditions naturally cool off. ... Read full article
Here's a look at the 10 housing markets with the biggest gap between growth in home prices and wages that could indicate a housing bubble is forming. ... Read full article
Here's a look at the 10 housing markets with the biggest gap between growth in home prices and wages that could indicate a housing bubble is forming. ... Read full article
The recently enacted tax reform bill is likely to encourage more consumers to rent instead of buy and tamp down on the rapid rise in home prices. ... Read full article
The maximum loan amount for Federal Housing Administration mortgages will go up in more than 3,000 counties for 2018. ... Read full article
Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said. ... Read full article
Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan. ... Read full article
More FHA homeowners than expected are refinancing out of the program and into conventional mortgages, despite an increase in mortgage rates over the past year. ... Read full article
A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods ... Read full article
The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of ... Read full article
Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions. ... Read full article