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

Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"

Goldman Sachs: When will our kids move out?

Nearly half of California millennials still with parents

Items Tagged with 'qualified residential mortgage'


RMBS issuance likely to hit $35B in 2014

QRM standard will boost nonagency investor appetite
November 15, 2013
"Assuming the economy continues to recover and there are no major surprises, we expect issuance in 2014 to be more than twice what it was in 2013,” Barclays said.
Read More

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.
Read More

Is a 20% downpayment a life saver, a curse or just an arbitrary number?

September 6, 2013
Former Congressman Barney Frank is now retired from the U.S. House, but his aggressive legislative personality lives on, with fights still erupting over Dodd-Frank—the signature piece of mortgage finance legislation that Frank helped draft to reform the housing market and the entire U.S. economy.
Read More
Sweeping change

Volatile September may lead housing down a different path

Fed tapering, rising interest rates create many unknowns
September 3, 2013
The direction of the housing market may become clearer in September as a series of events challenge rates and the domestic economy.
Read More

QRM proposal caters to private sector

No downpayment requirement spells private capital comeback
August 29, 2013
The expected alignment of the QRM rules with QM standards will likely reduce uncertainty for players in the residential mortgage-backed securities sector and should also support stronger participation in jumbo loan activity by banking institutions.
Read More

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.
Read More

QRM revisions strike the right balance

Mortgage industry remains cautious on 30% downpayment option
August 28, 2013
"The hope has always been that these new mortgage regulations would give banks more clarity and certainty about which mortgages are riskier, giving them the incentive to write more lower risk mortgages," Trulia chief economist Jed Kolko said.
Read More

New proposed QRM standard offers no downpayment option

QRM is equal to QM under the revised plan
August 28, 2013
Regulators offered the market two possible approaches to revamping the qualified residential mortgage rule: a no downpayment requirement for QM-qualified loans or a higher 30% downpayment requirement.
Read More