housing market

No good reason for banks to offer more government-backed mortgages

01/22/18

Weak profits and the threat of false claims charges are keeping banks out of the market for loans guaranteed by the Federal Housing Administration and the Department of Veterans Affairs.

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For housing market, tax reform is a wrench in the works

01/04/18

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.

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Senate confirms HUD nominees, but not Montgomery for FHA

12/22/17

Sen. Elizabeth Warren, D-Mass., and four other Democrats on the Senate Banking Committee are insisting on a recorded vote by the full Senate for the nomination of Brian Montgomery as Federal Housing Administration commissioner.

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Housing finance needs fixing, but it doesn’t need Fannie or Freddie

12/15/17

The government-sponsored enterprises are at the heart of our housing finance problems, not the solutions.

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Preserving the GSEs is key to preserving affordability

12/15/17

For decades, Fannie Mae and Freddie Mac helped working-class Americans get mortgages. That essential and powerful role in the national economy is fading.

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Mortgage deduction helps housing lobby, but not homeowners

11/10/17

The battle lines are drawn between those seeking to protect the mortgage interest deduction and a legislative effort to greatly reduce its use. Hopefully, this is a battle that taxpayers will win.

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12 markets hit hardest by slashing the mortgage interest deduction

11/09/17

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.

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Quarles’ regulatory vision; Shakeup at State Street

11/08/17

The Fed’s new chief bank regulator wants to change “the tenor of supervision”; Ron O’Hanley, who was named president this week, will also take over as CEO by the end of 2018.

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Fannie, Freddie must be allowed to rebuild capital, say small banks, credit unions

10/19/17

In a moment of rare unity, the Independent Community Bankers of America and National Association of Federally-Insured Credit Unions sent a joint letter to FHFA arguing to stop the GSEs' profit sweep.

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Home Builders soften stance on mortgage interest deduction

10/03/17

The National Association of Home Builders is backing off of long held support for the mortgage interest deduction in hopes that the Trump administration can deliver on its promise of lower taxes.

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