Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S

Items Tagged with 'Elizabeth Warren'

ARTICLES

Sen. Warren is right: Blacks and Hispanics were targeted by subprime policy

But the villain isn’t who you think
Trey Garrison
Elizabeth Warren says minorities were targeted by subprime. And the funny thing is, she's kinda right.
Read More

Monday Morning Cup of Coffee: Mortgage giants warm to principal reduction?

Also 2015 housing finance forecasts galore and key mortgage industry metrics
Trey Garrison
Is principal reduction about to become more common? Who hit the bulls-eye in forecasting 2014, and who just offered bull? And of those hawkeye prognosticators, what do they have to say about 2015? Get it here and get it early.
Read More

Elizabeth Warren chosen for Senate Democratic leadership

Will serve as adviser to Democratic Policy and Communications Committee
Ben Lane
Senator Elizabeth Warren, D-Mass., who has long been at the forefront of Washington’s fight for financial reform, will now serve in an even more prominent position in the Senate.
Read More

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
Ben Lane
Sen. Elizabeth Warren, along with Congressman Elijah Cummings, sent a letter this week to the U.S. Government Accountability Office, requesting an investigation into the risks posed to consumers by the “unprecedented” growth in nonbank mortgage servicing.
Read More

Lawmakers demand more controls on Fed bailout power

Warren, Vitter, Brown, & others lead charge to change "too big to fail" plans
Ben Lane
In the letter, the lawmakers write that the Fed’s proposed rule under Section 1101 "places no meaningful restrictions on its emergency lending powers, and in a time of crisis, invites the same sort of backdoor bailout we witnessed five years ago."
Read More

Here's where the student debt crisis stands

Pay for college vs. save for a home
Brena Swanson
The student debt crisis is a hot topic right now in Washington D.C. Following President Barack Obama's executive order Monday, Senator Elizabeth Warren’s, D-Mass., student debt legislation could also see more movement in coming days.
Read More

CFPB warns student DTI ratio blocks housing recovery

Sen. Warren bill refinances half of fed loans
Brena Swanson
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

Compass Point: What’s next for Johnson-Crapo now?

Plus: Expectations for Mel Watt’s first FHFA speech
Trey Garrison
Now that key Democrat senators have withdrawn their support for Johnson-Crapo, what’s next for the Senate GSE reform measure?
Read More

Warren: Big banks built on "tricking people"

Wanted to lead CFPB
Ben Lane
“This is our moment in history,” Sen. Warren said. “This country will either work great for people who have money and power and can hire all the lobbyists they want in Washington and not work so great for everyone else. Or this will be the country that we used to be with a strong middle class.”
Read More

Sen. Warren publishes "A Fighting Chance"

Will this leave her sitting pretty, or judged as sitting bull?
Trey Garrison
The U.S. senator who helped birth the Consumer Financial Protection Bureau, who raised $43 million to run for senate while decrying money in elections, who allegedly practiced law without a license in Boston, and who many on the right nicknamed “Faux-cahontas” has written a book.
Read More