Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
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Articles by Trey Garrison

Title agent gets 5 years in multimillion-dollar mortgage fraud scheme

Complex mortgage fraud, sham sale and wire fraud web collapses
Trey Garrison
A former real estate title agent was sentenced to 66 months in prison for carrying out a mortgage fraud scheme in which she obtained seven loans, totaling more than $3.7 million.
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MBA analysts: April housing starts gain not an outlier

12-month running average shows long-term trend
Trey Garrison
Was April’s housing starts report a one-time high watermark, or part of a longer-term trend for spring? MBA thinks it knows.
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Credit unions applaud bipartisan reform bill on FHLB membership

Would create parity between banks and credit unions, restrict FHFA limits
Trey Garrison
The National Association of Federal Credit Unions is lauding a bipartisan bill that would grant credit unions parity with banks under Federal Home Loan Bank membership criteria. Here’s what’s cooking.
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Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?
Trey Garrison
Presidential candidates are stepping into the national limelight as the race for the White House in 2016 edges closer, and now, finally, the topic of housing is creeping into the conversation.
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Fraud enforcement official arrested for mortgage fraud

Feds charge he submitted false application for loan modification
Trey Garrison
The Director of Investigations for the State of Connecticut’s Department of Social Services was arrested on a federal criminal complaint charging him with wire fraud in connection with his submission of a fraudulent application for a personal mortgage modification. This is exactly the story you were looking for.
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Analyst: Housing bubble not a question of if but when

As in, when is it going to implode?
Trey Garrison
Charles Hughes Smith at oftwominds.com warns that the industry may be just two years from an implosion of the bubble we’re in. Also, if you didn’t know, he argues we’re already in an echo bubble from the last bubble. Read on.
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Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
Trey Garrison
The Senate Committee on Banking, Housing and Urban Affairs passed “The Financial Regulatory Improvement Act of 2015” on Thursday, which will, if it makes it through the bill-making grinder and gets passed into law, bring big changes to the red tape the mortgage finance industry is tied up in.
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MBA Forecast: Here’s why mortgage lending will grow despite weak 1Q

Purchases, not refis, will dominate 2015 and 2016
Trey Garrison
Housing and the general economy got off to a slow start in 2015, but MBA is confident that the drag won't last. They predict that 2015 and 2016 will be dominated by purchase applications rather than refinancings. Here's what they're thinking.
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Zillow: Rents gallop past home values in April

Rents grew at 4% annually while home values saw 3% growth
Trey Garrison
Rents for residential housing in the United States grew at their fastest pace in two years in April, surpassing home values. There’s good news and bad news in this, and a growing gap to come. Want to know more?
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Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship
Trey Garrison
A lot of changes could be on the horizon for housing, mortgage finance, Fannie, Freddie and the whole housing shebang. Here's the latest from Washington and beyond.
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