November 21, 2016
The Trump Effect on Mortgage Rates
The Christian Science Monitor quoted me in What Does President Trump Really Mean for Mortgage Rates? It opens, In the week following the election, mortgage rates soared nearly half a percentage point. Average weekly 30-year fixed home loan rates are back above … Continue reading
November 21, 2016 in Federal Housing Administration | Permalink | No Comments
November 18, 2016
Low Down Payment Mortgages, Going Forward
TheStreet.com quoted me in Home Loan Down Payments Are in Decline: Will Uncle Sam Ride to the Rescue? It opens, President-elect Donald Trump has enough problems on his hands as his administration takes shape, with the economy, health care, geopolitical strife and … Continue reading
November 18, 2016 in Federal Housing Administration | Permalink | No Comments
November 9, 2016
Housing Finance Reform, Going Forward
Two high-level officials in the Treasury Department recently posted Housing Finance Reform: Access and Affordability Going Forward. It highlighted principles that should guide housing finance reform going forward. It opened, Access to affordable housing serves as a cornerstone of economic security for … Continue reading
November 9, 2016 in Federal Housing Administration | Permalink | 1 Comment
June 2, 2016
Ensuring Sustainable Homeownership
My short article, Ensuring That Homeownership Is Sustainable, was just published in the Westlaw Journal, Bank & Lender Liability. It opens, The Federal Housing Administration has suffered as a result of many of the same unrealistic underwriting assumptions that led to problems … Continue reading
June 2, 2016 in Federal Housing Administration | Permalink | No Comments
November 16, 2015
FHA’s Clean Bill of Health
The Federal Housing Administration released its Annual Report to Congress on the Financial Status of the FHA Mutual Mortgage Insurance Fund. The MMIF covers the lion’s share of the FHA’s mortgage insurance obligations. In his forward to the report, HUD … Continue reading
November 16, 2015 in Federal Housing Administration | Permalink | No Comments
October 20, 2015
Tuesday’s Regulatory & Legislative Update
The Consumer Financial Protection Bureau (CFPB) has finalized a Rule to expand reporting requirements imposed upon financial institutions under the Home Mortgage Disclosure Act (HMDA). Dodd-Frank included a mandate directing the CFPB to collect metrics to allow, among other things, a better … Continue reading
October 20, 2015 in Federal Housing Administration | Permalink | No Comments
September 25, 2015
CFPB Mortgage Market Rules
Law360 quoted me in Questions Remain Over CFPB Mortgage Rules’ Market Effects (behind a paywall). The story highlights the fact that the jury is still out on exactly what a mature, post-Dodd-Frank mortgage market will look like. As I blogged yesterday, … Continue reading
September 25, 2015 in Federal Housing Administration | Permalink | No Comments
