Dear Parents, don’t expect your homebuying Millennials to pay you back

Dear Parents, don’t expect your homebuying Millennials to pay you back

laonDepot graph shows they can barely save for retirement

Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Yale legal scholars on #FannieGate

Here's how to handle electronic delivery of mortgage disclosures

So many aren't even ready for TRID
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Items Tagged with 'Mark Calabria'

ARTICLES

FHFA watchdog sounds alarm on $4.6B loss

GSE fails to recover losses from strategic defaulters
"I think it reinforces the current nature of mortgage finance policy, which is not to hold borrowers responsible. This isn’t just about Freddie, but it’s also about these borrowers sticking it to the taxpayer," Mark Calabria of the Cato Institute said.
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GSE conforming loan limits could adjust again

Is the housing market ready for a lower ceiling?
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
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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Some housing calls from New York

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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