Ocwen Chairman Erbey resigns as company admits misconduct

Ocwen Chairman Erbey resigns as company admits misconduct

Company to pay $150 million to homeowners

Existing home sales collapse 6.1% in November

Tumble comes amid record low declining rates, prices

Monday Morning Cup of Coffee: Oil’s crash will impact MBS market

Mortgage fraud is still a problem, plus the gift of housing metrics
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Items Tagged with 'student debt'

ARTICLES

Student debt costs housing $83B a year

Analysts: Skyrocketing higher ed costs create enormous drag
Trey Garrison
For more than a year HousingWire has been reporting on the link between high levels of student loan debt and the struggling housing recovery. Now there is a real value. And it's staggering.
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WSJ: Student debt could cut home sales 8% in 2014

Effect of debt is major drain, new study says
Trey Garrison
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.
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Mark Cuban talks housing and student loan bubbles

And 4 other things you must read right now
Trey Garrison
Billionaire Mark Cuban talks about the student loan bubble and the housing bubble, plus four other stories you shouldn't miss on discrimination in lending, the surge in apartment demand, and more.
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Here's where the student debt crisis stands

Pay for college vs. save for a home
Brena Swanson
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.
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MBA CEO: Job creation will solve student debt crisis

Brena Swanson
The housing recovery can’t kick into high gear until the student debt crisis is fixed, but there is a solution to the problem: job creation.
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CFPB warns student DTI ratio blocks housing recovery

Sen. Warren bill refinances half of fed loans
Brena Swanson
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.
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Looking for a last minute graduation present? How about crushing debt?

Student loan debt keeps climbing, keeps younger buyers from actually buying
Ben Lane
It’s graduation weekend at many colleges across the nation. It’s a time of celebration and joy. But the real world is about to smack many of these graduates square in the face.
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Home sales slowest since July 2012

Rising prices and weather blamed
Trey Garrison
Existing home sales fell again for the second month in a row, falling 0.4%. February’s pace of sales was the lowest since July 2012, when it stood at 4.59 million.
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Changing Y-bother into Y-not

Student debt...housing's future pitfall?
Brena Swanson
Student debt is becoming too big to just toss under the rug and forget. At its current pace, it could be the next greatest pitfall to housing.
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Your student loan is tanking the mortgage market

Rising education debt spells doom for housing
Kerri Ann Panchuk
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.
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