Origination

Rohit Chopra, director of the Consumer Financial Protection Bureau, pledged to make it easier for state attorneys general to draw on the Consumer Financial Protection Act in filing lawsuits against corporate wrongdoers.

The monthly pace of increases have moderated since the spring, with CoreLogic expecting annual growth to decline to 2.5% by this time next year.

Renters are three times more likely to miss their scheduled payment than homeowners, an affiliate of the Mortgage Bankers Association found.

As the real estate finance industry transitions from the highs and lows of the COVID era into the new normal of 2022, industry standards will continue to play a key role in helping us solve ongoing business challenges, regardless of the market environment, writes the president of MISMO.

But rising rates and tightening affordability are slowing appreciation rates, Black Knight found in its latest Mortgage Monitor report.

In a semiannual report on trouble spots in the banking sector, the Office of the Comptroller of the Currency raised concerns that banks are taking on too much risk in pursuit of earnings growth.

The U.S. Treasury Department will begin developing regulations that could expand reporting requirements for all-cash real estate purchases as part of the Biden administration’s efforts to cut down on global corruption, according to two senior administration officials.

Former principal economist at the Federal Housing Finance Agency does the math on how the changes impact the missions of Fannie Mae and Freddie Mac.

Similarities between the current rate of appreciation and what took place between 2004 and 2006 are mitigated by changes in the housing market.

But the latest employment report also reveals that if construction hiring remains sufficiently strong, home purchase originations are on track to grow to $1.7 trillion from $1.6 trillion next year.