"The job market is steadily improving. Job gains are broad based across all industries and company sizes. Judging from the job market, the economic recovery remains fully intact and is gaining momentum,” Mark Zandi, chief economist of Moody’s Analytics, said.
A full-blown housing recovery could push the nation closer to full employment, but a confluence of factors have made this an illusory goal, researchers claim in a new report from Moody’s Analytics and the Urban Institute.
The U.S. Senate Committee on Banking, Housing and Urban Affairs held an open hearing Thursday to push forward with housing finance reform. The only problem is while most lawmakers know it's needed, a comprehensive, linear and widely accepted solution has yet to gain major traction in Congress.
With its largest quarter-over-quarter drop since the credit crisis began, shadow inventory fell from 3.28 million loans in the first quarter of 2013 to 2.99 million in the second quarter, a 35% drop on an annualized basis.
Mark Zandi, chief economist for Moody’s Analytics, is a rumored candidate to head the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.Sitting FHFA director Ed DeMarco has been at the center...
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