Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

Monday Morning Cup of Coffee: Goldman's $1B FHFA settlement?

America’s lost decade; FHA fees drag; Mortgage lending, RMBS slow to a crawl

Here’s why the FHFA is not a fan of principal reduction

Who's going to pay for that?

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"
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Items Tagged with 'First-time home buyers'

ARTICLES

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong
July 24, 2014
CNBC’s analysts seem to view millennials as a giant homogenous mound of humans who all think the same way, look the same way, do the same things and look at the world in the exact same way. And every day, CNBC’s analysts opine on why millennials aren’t buying homes, or buying stocks or buying whatever else it is that CNBC thinks is important that day.
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Virginia launches investment plan to spur first-time homebuyers

$50,000 cap on investment; $150,000 cap on tax-free earnings
July 1, 2014
The Virginia Association of Realtors championed the legislation and said the law, called First-time Homebuyer Savings Plans HB331, is designed to “help Virginians prepare for homeownership, remind them how important it is, and improve the long-term health of the housing market.”
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Warren’s student loan bill blocked by Senate Republicans

Is the “crush” of student loan debt here to stay?
June 11, 2014
The bill is just the latest in a line of legislation to fall victim to the warring parties in Congress. Republicans accused Warren and the Democrats of playing politics by putting the bill forward, knowing that it had little chance to pass.
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Obama announces plan to ease “crushing” student loan debt

What does it mean for housing?
June 9, 2014
In his remarks, and in his weekly radio address, President Obama spoke of the “crushing” debt that students face and how it impedes economic growth. The President said: “If somebody plays by the rules, they shouldn’t be punished for it.”
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Buying a home? Bankers say do these 8 things first

Manage your budget, check your credit, and more
June 2, 2014
One of the biggest potential obstacles is obtaining credit to buy a home. Increasingly tight credit standards may be squeezing out potential buyers, but the Independent Community Bankers of America say they’re willing to help.
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How does negative equity create a big obstacle for first-time buyers?

Zillow: 18.8% of homes underwater, 30.2% form bottom third
May 20, 2014
First-time buyers know owning is a better investment than renting, but the type of homes first-time buyers are looking for are being kept off the market in part because nationally, those homes are almost three times more likely to be underwater than the most expensive homes.
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From HW Magazine

Banks can lead by lending

Taking stock of 2014 housing market expectations
March 31, 2014
The housing market clearly has been through the ringer and back. The question is, are we all the way back, or does the housing market still have some improvement left in it?
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Globalization could be stunting the housing recovery

And there’s no NEO to save mankind from its actions
November 11, 2013
Every cause has its effect. We are the victims of causality. The housing market – and its inability to grab first-time homebuyers or a new generation of borrowers – is no exception to this harsh rule.
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CFPB: Student loan debt hijacks the housing recovery

Indebted college grads live with parents because they fear buying homes
October 8, 2013
Nothing is hurting the housing recovery in such a nuanced way as student loan debt, according to a CFPB ombudsman. Three-fourths of the fall in household formation can be directly correlated to student debt.
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First-time homebuyers sidelined by financial challenges

Affordability increases, but rising rates threaten its survival
October 3, 2013
By most accounts, this year is shaping up to be a positive one for housing, with prices, sales and construction numbers consistently on the rise. However, there is a catch. Investors may be buying homes — along with some homeowners — but the overall homeownership rate among Americans continues to fall behind historic homeownership levels.
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