Rick Sharga: Is this the end of the housing recovery?

Rick Sharga: Is this the end of the housing recovery?

Maybe it wasn’t the snow after all

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper

Items Tagged with 'House Financial Services Committees'


GOP wants CFPB merged with other regulators

Democrats think cost-benefit analysis is 'dangerous'
April 8, 2014
The House Financial Services Committee hearing on the economic consequences of regulatory rulemaking and enforcement got heated because Democrats don't want cost-benefit analysis and Republicans want to merge regulators and bring them under Congressional oversight.
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Sound and fury at CFPB racial discrimination hearing

CFPB execs skip hearing on abuse at agency
April 2, 2014
There was a certain level of disingenuousness that went beyond the usual political posturing at the House Oversight & Investigation Subcommittee investigating discrimination and retaliation at the Consumer Financial Protection Bureau Wednesday morning.
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VIDEO: Yellen uses less than 60 seconds to outline GSE reform

Fed chair takes a minute to win it
February 12, 2014
In other good news, Interactive Data announced in an email to clients that Yellen's speech was also well-received by capital markets.
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CFPB Director Richard Cordray just told off the House Financial Services Committee

Yes, he has friends in manufactured housing
January 28, 2014
Consumer Financial Protection Bureau Director Richard Cordray appeared before the House Financial Services Committee this morning for his Semi-Annual report before Congress. Those of you who remember controversial CFPB hearings from the past are in for a real treat.
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Habitat for Humanity seeks shelter from QM

Says mortgage rules could block affordable lending pipeline
January 14, 2014
The Dodd-Frank mortgage lending rules are not just impacting private sector banks. Housing nonprofits are also seeking shelter from the qualified-mortgage rule storm. One of the agency's firing off warning shots is Habitat for Humanity.
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QM storm could hit in weeks

Lawmakers scramble to set baseline, everyone wants more flexibility
January 14, 2014
House members and industry leaders say the harsh restrictions of QM could close off credit, hurt middle-income buyers, and stall out the housing market.
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SIFMA President Bentsen tapped to serve as CEO

Former Sen. Gregg steps down
December 16, 2013
The Securities Industry and Financial Markets Association has named Kenneth E. Bentsen, Jr. to serve as its president and CEO in the wake of the resignation of former U.S. Senator and SIFMA CEO Judd Gregg.
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Stars align for housing policy firms and data providers

December 5, 2013
Call it a new partnership made in data heaven. The Urban Institute plans to inform the organization's housing reports using CoreLogic data.
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Banks, business trade groups push for CFPB reform

Credit unions simply cannot keep up: NAFCU
October 29, 2013
The Consumer Financial Protection Bureau lacks the check and balances, the financial accountability and the transparency that is generally found at other financial regulators operating out of Washington D.C., experts told the House Financial Services Committee.
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House panel grills FHA Commissioner

Carol Galante: $1.68B funding request is not a bailout
October 29, 2013
Federal Housing Administration Commissioner Carol Galante pushed back at claims from Congress that the FHA’s recent request for a $1.7 billion Treasury draw is a bailout or proof that the agency's model is a failure.
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