Wells Fargo’s troubles may only get worse from here, according to a new study
Many originators worry that the recently announced entry of RE/MAX into the mortgage space will stifle competition and ultimately hurt borrowers
The U.S. labor market reached its longest stretch of job creation since at least World War II in October. However, the majority of jobs are part-time, or low paying, or both -- a reality, but is best ignored by investors.
In light of the most recent Senate Banking Committee hearing, Black Knight delved into the latest available data in order to quantify the scope of the principal reduction issue.
If you're looking for job security, HUD may be the place to be, according to data from the Office of Personnel Management.
However, the QM rule is continuing to dog lenders, overlays, documentation and DTI were the largest headwinds to the market, according to a survey conducted by NAR.
Rising home prices and stagnant wages have cemented a system where more and more household disposable income is going to housing, something that is unsustainable. Since 1975, home prices and inflation have continued to skyrocket, while real wage growth has remained mostly stagnant.
The United States Senate confirmed President Obama’s nomination of deputy secretary of HUD in a 68-28 vote on Tuesday.