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Regulators outline policies for challenging property appraisals -
First-time home buyer program reform is the focus of new legislation -
Brokers support bill that would roll back loan pricing changes -
Regulators propose quality control rules for automated appraisals -
FHA releases draft of new foreclosure prevention option
- Sep 16-17, 2025|San Diego, CA
Prof. Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management. He is also a senior fellow at the Peterson Institute for International Economics in Washington, D.C., a co-founder of BaselineScenario.com (a much cited website on the global economy), a member of the Congressional Budget Office's Panel of Economic Advisers, and a member of the FDIC's Systemic Resolution Advisory Committee. He is also a member of the private sector systemic risk council founded and chaired by Sheila Bair in 2012. Prof. Johnson is a weekly contributor to NYT.com's Economix, is a regular Bloomberg columnist, has a monthly article with Project Syndicate that runs in publications around the world, and has published high impact opinion pieces recently in The Washington Post, The Wall Street Journal, The Atlantic, The New Republic, BusinessWeek and The Financial Times, among other places. In January 2010, he joined The Huffington Post as contributing business editor. Professor Johnson is the co-author, with James Kwak, of 13 Bankers: The Wall Street Takeover and The Next Financial Meltdown, a bestselling assessment of the dangers now posed by the U.S. financial sector (published March 2010) and White House Burning: The Founding Fathers, Our National Debt and Why it Matters to You (April 2012). In his roles as a professor, research fellow and author, Professor Johnson's speaking engagements include paid appearances before various business groups, including financial institutions and other companies, as well before other groups that may have a political agenda. He is not on the board of any company, does not currently serve as a consultant to anyone, and does not work as an expert witness or conduct sponsored research. His investment portfolio comprises cash and broadly diversified mutual funds; he does not trade stocks, bonds, derivatives or other financial products actively. From March 2007 through the end of August 2008, Prof. Johnson was the International Monetary Fund's Economic Counselor (chief economist) and Director of its Research Department. He is a co-director of the NBER Africa Project, and works with nonprofits and think tanks around the world. Johnson holds a B.A. in economics and politics from the University of Oxford, an M.A. in economics from the University of Manchester, and a Ph.D. in economics from MIT. He won the Nobel Prize in Economics in 2024.
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Rep. Andy Barr, R-Ky., who chairs the House Financial Services Subcommittee on Financial Institutions, called the CFPB under the Biden administration and former Director Rohit Chopra an "Orwellian predator."
March 26 -
The Federal Housing Finance Agency found the practice aimed at selling more real-estate owned homes to occupants had downsides, according to a recent order.
March 26 -
The mortgage lender claims its Georgetown, Texas operations, where Thrive Mortgage was previously headquartered, have been "gutted."
March 26 -
Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity.
March 26 -
Self-directed IRAs and non-recourse loans open doors to real estate investing without the restrictions of traditional financing.
March 26
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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NJ Lenders, a nonbank licensed in 22 states, has over 100 loan originators and recorded nearly $1.5 billion in origination volume last year.
April 14 -
White House National Economic Council Director Kevin Hassett dismissed the idea of a recession looming this year.
April 14 -
Executives from three wholesale shops, including PRMG, The Loan Store and Newfi, dissected the regulatory landscape and how some developments might impact the broker channel.
April 14 -
Two recent executive orders could speed up the administration's push to rollback regulations, but they also change the notice-and-comment rulemaking process.
April 14 -
In a sign of how Treasuries' status as a global haven during times of turmoil may be fading, rates on longer-term debt soared last week as equities convulsed, turbocharging bets on a steeper yield curve.
April 13