News

  • NAR Continues to Oppose FHA Reform by

    (AEI - American Enterprise Institute) -- Today, the National Association of Realtors (NAR) will be running its third ad presenting what it calls “FHA Facts“. The NAR apparently supports the FHA’s decades-long loan insurance nightmare that has resulted in an estimated 3.2 million dashed homeowner dreams since 1975. This represents a failure rate over 37 years of 1 in 7 families who have gotten an FHA loan. This is nothing short of scandalous.

  • Does The CFPB Have Qualified Mortgage Remorse? by

    Could the CFPB be worried that its ability-to-repay/qualified mortgage rule is already contracting the availability of mortgage credit?

  • Construction Spending in U.S. Unexpectedly Fell in January by

    (Bloomberg) - Construction spending in the U.S. unexpectedly fell in January following the biggest back-to-back gain in a year, reflecting a slump in nonresidential and government projects.

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