Are REOs ready for a comeback?

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie
W S

Items Tagged with 'Senate'

ARTICLES

Senate Appropriations Committee approves $55B housing, transportation bill

Housing allocated $2B more than FY2015, $3B less than White House wanted
The Senate Committee on Appropriations today approved the FY2016 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill, making the $55.65 billion measure available for consideration by the Senate. It's more than last year, but less than the White House wanted.
Read More

JPMorgan’s Dimon to Sen. Warren: Hit me with a fine. We can afford it

New afterword from Warren’s book reveals tense exchange
It’s probably safe to say that of all the elected officials that walk the halls on Capitol Hill, Sen. Elizabeth Warren isn’t Wall Street’s favorite, but a newly released excerpt from Warren’s book “A Fighting Chance,” shows just how tense her interactions with Wall Street’s bigwigs can be.
Read More
From HW Magazine

Senate flip

How much will Republicans actually do in the next two years?
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"
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
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
"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

What's next for Johnson-Crapo?

Industry reacts positively; opponents say it's DOA
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
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