Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

LandCastle Title’s operations will not be affected

8 avoidable mistakes first-time homebuyers keep making

Stop doing these things

Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
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Items Tagged with 'Urban Institute'

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Trending Thursday: CFPB data collection worse than the NSA?

Slowly but surely GSE shareholders cutting into Treasury, FHFA secrecy
Trey Garrison
If you liked the NSA spying on innocent Americans, you’ll love what the CFPB is up to. Plus, is the mortgage industry ready for the coming surge of minority homebuyers, Dodd-Frank is turning five this month, and more.
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Urban Institute: Rental surge to drop homeownership rate to 61.3% by 2030

Rental housing stock not nearly enough to handle coming wave
Trey Garrison
A new paper by the Urban Institute says that the homeownership rate will continue to decline through 2030 and that a major rental surge is upon us, a surge the United States is not truly prepared to meet.
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Is the rental crisis bringing down housing?

Renters can’t afford to own
Brena Swanson
The big problem facing the housing market: Renters are not turning into homeowners. But what is the correct solution for this and will it ever happen?
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Monday Morning Cup of Coffee: The end of “disparate impact” in housing today?

Plus two Realtors held at gunpoint, interest rates and whither RMBS?
Trey Garrison
Today is a big legal day for housing, as the Supreme Court will determine whether housing policy is subject to the onerous burdens of “disparate impact.” Plus, housing metrics for the week and a look at mortgage bond performance. Do you want to know more?
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Monday Morning Cup of Coffee: Setting the stage for higher interest rates

Delinquencies drop, call to delay TRID grows, and housing metrics
Trey Garrison
Lots of changes in markets foreign and domestic are aligning that could press the Fed into admitting weak US data, with a resulting impact on interest rates. Plus, Ginnie Mae has a glitch, and much more. Read on.
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Urban Institute’s Goodman blames “broken” servicer rules for tight credit

Claims lenders are reluctant to lend to borrowers with “slight” risk of default
Ben Lane
Speaking recently at an Urban Institute seminar on mortgage servicing, Housing Finance Policy Center Director Laurie Goodman said that the current “broken” state of mortgage servicing regulations is partly to blame for the current tight lending environment.
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Monday Morning Cup of Coffee: FHFA g-fee, PMI shift too much or too little?

Clouds on housing finance horizon; Zillow/Move fight gets personal
Trey Garrison
Things are looking rough for housing with a sluggish start to the spring buying season, and that trickles all the way up to the outlook for agency MBS. Plus, Move takes off the gloves in its ads, and the industry reacts to recent FHFA moves. Read on.
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Urban Institute: 6 benefits to alternative credit scores

Could help millions access lending
Brena Swanson
Millions of previously “unscoreable” consumers are finally able to receive credit scores due to recent advances in alternative data and credit scoring methods. And thanks to these advances, industry experts found these significant positives for the housing market and future of lending.
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Urban Institute: 4 million missing mortgages

Study says tight lending strangled 4 million mortgages
Trey Garrison
The Urban Institute thinks credit standards are too restrictive, and that as a consequence some 4 million mortgages that could have been written, were not. Here's what they found.
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Epic Twitter discussion erupts: Is credit really that tight?

Two views: Heading toward more fairness, or a set up to Housing Crash 2.0
Trey Garrison
So which is it? Is credit loosening too much and we're heading for a subprime kind of breakdown, or is it too tight, and millions of good mortgages aren't being made? Here are two competing views.
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