Freddie Mac: U.S. Housing Market Improving But Still ‘Weak’ Overall

Freddie Mac: U.S. Housing Market Improving But Still ‘Weak’ Overall
April 22, 2015
Although anecdotal evidence might suggest otherwise, depending on what market you’re in, Freddie Mac’s Multi-Indicator Market Index, or MiMi, shows that the U.S. housing market is getting back on track [read more]

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Backlog Forces CFPB to Slow Down New Investigations

Backlog Forces CFPB to Slow Down New Investigations
American Banker | April 22, 2015
The Consumer Financial Protection Bureau’s enforcement attorneys have pulled back on new investigations in order to clear out a slew of pending cases, according to multiple current and former officials at the agency

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These Charts Will Tell You Where the Housing Market Is Headed This Year

These Charts Will Tell You Where the Housing Market Is Headed This Year
Bloomberg | April 21, 2015
A pending interest-rate rise is overshadowed by other housing challenges.

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Mortgage Applications Rise 2.3%, Led by Homebuyers

Mortgage Applications Rise 2.3%, Led by Homebuyers
CNBC | April 22, 2015
Total mortgage application volume rose 2.3 percent week to week on a seasonally adjusted basis for the week ending April 17, according to the Mortgage Bankers Association. The gain was driven largely by purchase applications, not refinances, even despite lower mortgage rates.

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Who’s Afraid of the CFPB?

Who’s Afraid of the CFPB?

This July marks the fifth anniversary of the passage of the Dodd-Frank Act, which set forth the creation of the Consumer Financial Protection Bureau (CFPB). While it has only been operational for a relatively short time, the CFPB has made a profound impact on the mortgage banking industry. … KEEP READING …

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After Strong 2014, Wall Street Lending to Landlords Tapers Off

After Strong 2014, Wall Street Lending to Landlords Tapers Off

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Former Owners of California’s Foreclosed Homes Re-Entering Market

Former Owners of California’s Foreclosed Homes Re-Entering Market
by ROBERT DIGITALE
California had the largest share of the nearly 9.3 million U.S. owners who lost their homes in the housing crisis, and it is expected to have the biggest portion of those who have or will become buyers again in the coming years.
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