CoreLogic: Foreclosure inventory tumbles 35%

CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet

Only “Number Jesters” report 2Q economic growth at 4% pace

Economic revisions infuriate

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Items Tagged with 'Congressional Budget Office'


CFPB warns student DTI ratio blocks housing recovery

Sen. Warren bill refinances half of fed loans
June 4, 2014
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.
Read More

Can you guess the financial weight of Fannie and Freddie?

Bipartisan Policy Center: No, and here's why
March 19, 2014
A huge portion of the nation’s budget is impacted by housing, which includes what goes on with Fannie Mae and Freddie Mac. Housing experts discussed what the federal government’s conservatorship of the government-sponsored enterprises could mean for the budget.
Read More

Flood insurance pits homeowners against taxpayers

Failure to write in real risk keeps unstable program going
January 24, 2014
Thought flood insurance reform was a done deal? Think again. As homeowners push back at rising premiums in flood-prone areas, a push back against reform is stirring once again.
Read More

Housing forecast clouded by uncertain fiscal policies

Debt ceiling debate weighs on potential homebuyers
November 21, 2013
The debt ceiling debate that led to government stalemate in October is expected to linger well into 2014, creating possible repercussions for the U.S. housing market.
Read More

FHA sounds alarm on CBO data

Disputes data on the MMI fund, single-family mortgage program
October 23, 2013
The Federal Housing Administration sounded the alarm on a new Congressional Budget Office report, disputing some of its findings on the mutual mortgage insurance fund and the FHA single-familiy mortgage guarantee program.
Read More

FHA bailout pushes federal deficit to $22B

MMI fund to reach its capital ratio requirement by 2017
October 22, 2013
With the Federal Housing Administration drawing $1.7 billion from the Treasury into its Mutual Mortgage Insurance Fund for the first time in FHA history, the balance of the fund ended up costing the federal government a hefty sum.
Read More

FHA single-family mortgage guarantee program squeezes taxpayers

Program is no longer saving money as borrower defaults increase
October 21, 2013
The Federal Housing Administration's operation of its single-family mortgage guarantee program swung from having a net savings to costing taxpayers money as higher-than-expected borrower defaults struck the bottom line.
Read More

Thanks to Fannie, Freddie, the federal budget deficit looks less frightening

September 9, 2013
The U.S. federal government ran a budget deficit of approximately $750 billion in the first eleven months of the 2013 fiscal year—a reduction of more than $400 billion from a year earlier thanks in part to higher tax revenue, lower defense spending, fewer outlays for the Troubled Asset Relief Program and $82 billion in payments from the government-sponsored enterprises.
Read More

US budget deficit shrinks alongside GSE, FHA spending

June 18, 2013
The nation shrunk its budget deficit during the first eight months of 2013 as government spending declined overall.This was equally true when it came to government...
Read More

Effects of government stimulus remain a mixed bag

February 23, 2012
The American Recovery and Reinvestment Act created jobs in the fourth quarter, but was a mixed-bag for the economy, the Congressional Budget Office said in a...
Read More