housing market

Reducing mortgage defaults starts with beefing up housing supply


Default risks soar in minority neighborhoods during challenging economic times because, data shows, homes there are overpriced relative to incomes. Zoning and other changes could make loans more affordable by boosting housing stock and driving down prices.


HUD’s disparate impact rule is a ‘get out of jail free’ card


The bar to prove discriminatory patterns is so high that plaintiffs would have slim odds of winning lawsuits against housing providers.


OCC reports surge in 'seriously delinquent' mortgages


The agency reported signs of stress on the credit quality in residential loans serviced by seven large banks as a result of the COVID-19 pandemic.


Pandemic pushes FHFA to keep Fannie and Freddie 2021 goals static


The Federal Housing Finance Agency will extend the same GSE benchmarks of the past three years into 2021.


Why the pandemic isn’t scaring away first-time homebuyers


One segment of the market, at least, has proved more resilient than many feared early on in the crisis.


5 ways the coronavirus could affect home prices


The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker has some thoughts on how it might.


4 questions as CFPB closes in on revamp of key mortgage rule


The agency is sending a strong message that it won’t rush to end an exemption for Fannie Mae and Freddie Mac while also signaling longer-term changes that will affect all lenders.


GSE investors better beware underlying risks


The FHFA’s attempt to move some of its balance sheet into the private sector could leave investors with greater liabilities than they were initially told.


Rate cuts have put U.S. economy on ‘strong footing’: N.Y. Fed's Williams


John Williams said Friday that the Federal Reserve's three interest rate cuts this year have bolstered the housing market and consumer spending.


Don't believe doom and gloom on Fannie, Freddie


There's been chatter that investors are shying away from Fannie Mae and Freddie Mac mortgage-backed securities because Congress may not enact housing finance reform. Be skeptical of those claims.