Here's proof the housing bubble is about to burst

In California, a reversal of foreclosure fortunes

Lenders adapt to the homeowner bill of rights

Remember Ellie Mae’s cyber attack? It didn’t happen

No evidence of malicious attack found

Items Tagged with 'credit availability'


Freddie Mac repayment to Treasury finally puts taxpayers on top

CEO says big earnings not likely to continue
November 7, 2013
Freddie Mac will make a $30.4 billion dividend payment to the Treasury by the end of the year, meaning the enterprise will pay round $9 million more in dividends to the government than the $71.3 billion investment received upon entering conservatorship.
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MBA calls on regulators to align QRM with QM

Borrowers, investors deserve competitive mortgage market: MBA CEO
October 24, 2013
MBA believes aligning QRM and QM definitions will allow a greater number of borrowers to benefit from lower mortgage costs, resulting from greater access to the private investor market, leading to safer and more sustainable loans.
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Pushback expected against 30% downpayment proposal

Recent revamp of QRM irks affordable housing proponents
August 28, 2013
The latest qualified residential mortgage rule proposal includes an alternate 30% downpayment requirement, which is not only unlikely, but possibly a red herring built into the plan.
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Perfect storm

Access to credit continues to tighten

Qualified mortgage regs will make lenders conservative
August 23, 2013
The perfect storm of economic conditions and regulatory conditions is shifting gears for underwriting standards in the lending environment.
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