Here are the 20 hottest housing markets right now

Here are the 20 hottest housing markets right now reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds

Items Tagged with 'GSE reform'


BPC discussion: Fannie, Freddie reform can happen but one step at a time

Separate housing finance and housing policy
Reform of the GSEs and housing finance may come, but it’s more likely to come in small bites rather than the big prix fixe Johnson-Crapo or the PATH Act. Republicans and Democrats agree on some things, like getting government out of housing finance outside of liquidity. But more? Read on.
Read More

Was the Third Amendment sweep of Fannie, Freddie a sham?

One leading legal scholar says yes; shareholders get louder
Last week in a teleconference hosted by Investors Unite, one of the guests — noted legal scholar Richard Epstein — didn’t mince words about what he thought of the Treasury’s “Third Amendment sweep” of GSE profits. He called it a “sham transaction.” Does that rustle your feathers?
Read More

Trending Thursday: Conservatorship will never die

Plus Democrats are unhappy on how regulators are handling diversity
People upset with Fannie and Freddie and the FHFA? Check. Counterintuitive survey on financial outlook for minorities? Check. Congressfolks saying the regulators are dropping the ball on diversity? Big check. Read on, traveler.
Read More

Caution: GSE reform could have serious unintended consequences

Guest blog by former Ginnie Mae president Joseph Murin
Former Ginnie Mae president Joseph Murin knows first-hand how important the government backstop to the mortgage industry is…and it’s not just for lenders. Without the government guarantee for mortgages, it will be the consumer who suffers most, Murin says.
Read More

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
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.
Read More

MBA's Stevens: Time for a clarification on Fannie, Freddie reform

Protecting GSE role in housing supersedes profit-focused shareholders
Right now, Fannie Mae and Freddie Mac are providing liquidity in the secondary market for residential mortgage in the absence of private capital. The unbalanced dependence here puts the entire system on untenable ground and presents enormous risks to taxpayers.
Read More