News

  • Non-QM origination nearly doubles in third quarter by MPA

    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.

  • Home prices, inflation keep rising while wages stay the same by MPA

    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.

  • Senate confirms HUD deputy secretary by MPA

    The United States Senate confirmed President Obama’s nomination of deputy secretary of HUD in a 68-28 vote on Tuesday.

  • Are banks too big for jail? by MPA

    Hardly any bankers have been prosecuted for their role in the financial crisis. Instead, prosecutors are continuing to settle with large financial institutions outside of the courtroom.

  • Fatal shooting spotlights foreclosure eviction procedures by MPA

    As Detroit tax foreclosure auctions increase and new property owners try to evict tenants on their own without the legal system's help, will the process of evicting occupants from foreclosures be improved?

  • Do wage growth and home sales go hand in hand? by MPA

    The top five cities with the strongest year-over-year home sale growth also experience wage growth, while the five places with the strongest declines saw median incomes drop and home prices rise.

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