Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse
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Items Tagged with 'Cato Institute'

ARTICLES

Lawmakers sound alarm on reducing loan limits

Representatives push back against DeMarco’s strategic goals
Christina Mlynski
More than 60 policymakers took to their soapboxes, sounding the alarm on the harmful effects reducing conforming loan limits would have on the fragile mortgage market.
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Mortgage market built to withstand government shutdown

Short-term effects will not destabilize the industry
Christina Mlynski
Unless both sides of the aisle can reach a compromise or one side folds, the government will have its first shutdown in 17 years, creating even more uncertainty for the already shaky mortgage market.
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The Big Show: Battle lines drawn over next Fed pick

White House shoots down rumors Summers is next
Christina Mlynski
All the chatter on Capitol Hill revolved around an international report that President Obama has chosen his next Federal Reserve chairman pick. However, the White House was quick to shoot down rumors, leaving the market wondering who will take over Bernanke's throne.
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GSE conforming loan limits could adjust again

Is the housing market ready for a lower ceiling?
Christina Mlynski
Policymakers are contemplating a reduction in the maximum size of home loans that Fannie Mae and Freddie Mac are allowed to acquire, hoping this change will reduce the government’s dominant footprint in the mortgage market.
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Foreign affairs could stall housing reform

Competing priorities shift Congressional focus
Christina Mlynski
Housing is a strong catalyst for current economic growth, prompting mortgage experts to urge policymakers about the need for comprehensive housing finance reform this fall. But other fiscal headwinds and policy considerations could take precedence, delaying the housing fix once again.
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Mel Watt unqualified to lead FHFA

Kerri Ann Panchuk
The president’s reported pick of Congressman Mel Watt, D-N.C., to lead the Federal Housing Finance Agency is likely to be stalled by the simple fact that...
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Debate over mortgage interest deduction shows a great divide

Brena Swanson
The housing market is on an upswing and mortgage interest rates are low, making now the perfect time to tweak the mortgage interest tax deduction, Mark...
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Industry reps sound off on CFPB mortgage lending proposals

Justin T. Hilley
Industry representatives say they welcome the Consumer Financial Protection Bureau’s efforts to simplify mortgage lending for borrowers, but worry that the bureau is unwittingly causing future...
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Some housing calls from New York

Jon Prior
Preeminent housing watchers made some interesting calls on the first day of the Mortgage Bankers Association secondary market conference.The first was Lewis Ranieri, one of the...
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NJ lawmakers want to turn foreclosures into affordable property

Kerri Ann Panchuk
Two New Jersey lawmakers believe they can clean up excess foreclosure inventory by creating an entity to acquire foreclosures and sell them as affordable housing units....
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