The following list was put together by a veteran housing economist, asked by HousingWire for his opinion on the near-term future of the markets we cover daily. Here's David Berson's take on the 3 things you need to know about housing in 2014.
The CFPB left the grace period open-ended and most in the industry interpreted that to mean that it will last throughout the rest of 2015, at least. Unfortunately, as welcome as that grace period is, TRID remains a costly and complicated fix that has enormous implications for the whole industry..
“Bad letters damage the brand,” Katherine Porter says. “There’s a contagion effect of this. I think bad letters are unjust. They disproportionately harm the borrowers we need to help the most.” Read More