Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
W S

Items Tagged with 'Senate'

ARTICLES

From HW Magazine

Senate flip

How much will Republicans actually do in the next two years?
HousingWire Staff
Some economists believe the Republican sweep of both the Senate and House will reduce gridlock, increase pro-business legislation, and perhaps even lead to tax and immigration reform. One thing’s for certain — Democratic efforts to raise the minimum wage are now dead in the water.
Read More

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"
Trey Garrison
The Terrorism Risk Insurance Act is critical to the housing industry, and despite passing the House on a bipartisan vote, the Senate failed to reauthorize it before recessing. Here's what the industry has to say.
Read More

Short sale tax break passes in House

Now on to the Senate
Ben Lane
According to a recent estimate from RealtyTrac, there have been more than 170,000 short sales representing a mortgage debt forgiveness of $8.1 billion total in the first three quarters of 2014 alone. All those borrowers will be facing massive tax bills if the bill doesn't pass in the Senate as well.
Read More

Castro’s confirmation as HUD Secretary met with industry approval

President Obama, others praise San Antonio mayor
Ben Lane
"I applaud the bipartisan majority of Senators who today confirmed Julián Castro as our next Secretary of Housing and Urban Development," President Obama said. "Julián is a proven leader, a champion for safe, affordable housing and strong, sustainable neighborhoods."
Read More

Senate votes Wednesday on confirming HUD head, FHFA IG

Castro, Werthheimer sworn in for last leg of Obama administration
The Senate Banking Committee will vote Wednesday at 10 a.m. on Julian Castro's nomination to be the next Secretary of Housing and Urban Development.
Read More

Senate approves Fed vice chairman nominee

Brena Swanson
The Senate approved Stanley Fischer’s nomination to the Federal Reserve Board of Governors. However, a separate vote that is still unscheduled still must be held to confirm his appointment as vice chairman of the U.S. central bank.
Read More

What's next for Johnson-Crapo?

Industry reacts positively; opponents say it's DOA
Trey Garrison
With the GSE reform approval vote from the committee, the next move will be up to the Senate majority leader, who decides when or if to bring the bill to a vote in the full Senate. Reaction within the housing industry was largely positive.
Read More

Senate delays Johnson-Crapo housing reform vote

MBA Stevens: Vote likely next week
Trey Garrison
The Senate Banking, Housing and Urban Affairs committee is kicking the housing reform can down the road a week or so, delaying a markup of the Johnson-Crapo housing reform measure to enable supporters to get a few more votes after a two-week recess.
Read More

7 problems NAFCU, CUNA and ICBA have with Johnson-Crapo

Trade coalition says GSE reform favors big lenders
Trey Garrison
Three financial trade associations have issued a joint letter protesting the direction in housing finance reform as biased in favor of large lenders, and they list seven specific concerns they have about Johnson-Crapo.
Read More

What does GSE reform mean for the housing recovery?

The side effects of reform
HousingWire Staff
The new U.S. Senate plan to dismantle Fannie Mae and Freddie Mac may in fact deal an unintended blow to the current housing recovery.
Read More