• New CFPB Complaint Report Shows Mortgage Brokers Are the Best Originators by

    The National Association of Mortgage Brokers (NAMB) has come out in support of the Consumer Financial Protection Bureau’s (CFPB) release of the Consumer Complaint Database, a public database of federal consumer financial complaints, containing more than 90,000 individual complaints on financial products and services. One of NAMB's core beliefs is the protection of consumers and their rights to fair and equal credit as it pertains to the residential mortgage market. It is NAMB’s belief that the CFPB’s Consumer Complaint Database will assist consumers in identifying reputable and efficient sources for obtaining credit needed to purchase a home in today's heavily regulated market.

  • As Housing Market Recovers, As Others Cash In by

    According to reports by the Census Bureau, nearly 65,000 new homes have been sold in the United States in 2012. Median home prices are expected to rise between six and eight percent from now until the end of the year. Mortgage delinquencies are decreasing at a promising rate as more underwater home loans are modified. The housing market recovery is certainly blooming, which means good news for other sectors of the economy as well.

  • Fannie and Freddie Reform Threatened by Profits by

    The financial outlook of Fannie Mae and Freddie Mac, the two government-sponsored entities (GSEs) currently providing financial guarantees to three quarters of all residential mortgages in the United States, is looking better each day. This would be great news under normal circumstances, but it also creates a problem for those seeking to reform the GSEs.

  • Western States Drive Record Double Digit Price Increases by

    Five Western states with the highest home price appreciation in February, Nevada (+19.3 percent), Arizona (+18.6 percent), California (+15.3 percent), Hawaii (+14.6 percent) and Idaho (+13.5 percent), led the nation to the biggest price increase in seven years.

  • Did Real Estate Investing Peak Last Year? by

    Have real estate investments peaked? After years of growth during the Foreclosure Era, investment purchases declined slightly last year after surging 64.5 percent in 2011. With the cost and competition to buy distress sales growing and prices for normal homes rising, will investors pull back and start cashing in their assets?

  • Nothing to Fear from Zombie Houses by

    Are zombie houses where the monsters live in the latest Resident Evil sequel? Or are they fraternities decked out for Halloween? Neither.


Is TILA-RESPA a good or bad thing long term?