One thing that hasn’t been underreported in housing in 2014 is the crushing amount of student debt out there, but Nick Timiraos looks into just how much it impacts housing and mortgage finance in the Wall Street Journal.
The student debt crisis is a hot topic right now in Washington D.C. Following President Barack Obama's executive order Monday, Senator Elizabeth Warren’s, D-Mass., student debt legislation could also see more movement in coming days.
Once again, reports are streaming in about how student debt is ruining the housing recovery. But this time, the Consumer Financial Protection Bureau weighed in on one of the biggest factors blocking household formation.
Taking out a loan to finance an education is the new American dream. With more citizens needing higher education to get a job, and the price tag on that education going up, the market is now desperately out of whack. The outcome? Mortgages in the U.S. are taking a backseat to student loans.
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More