TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Items Tagged with 'Moody's Analytics'


Digging deeper: May new home sales increase has weak foundation

Gains in northeast not so much market-driven
Sales of new single-family houses in May 2015 came in earlier this week at a seasonally adjusted annual rate of 546,000, which is up 2.2% from April, and on an annual basis, were up a staggering 19.5%. Sounds like a sign of strength, right? Not so much, when you peel back the layers. Want to know more?
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Moody’s: FHA premium cut will increase home sales by 45,000 this year

Provides a "meaningful boost" to housing economy
According to the Moody’s report, the FHA premium cut will reach its maximum impact in mid-2016, when Moody’s Analytics’ model expects annualized home sales to increase by 100,000 as a result of the FHA cut, with 40,000 additional single-family housing starts in 2016 as well.
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Making mortgage lemons

Tighter underwriting doesn't make up for strong just limits the market
Requiring very high credit scores may reduce the risk of default, but it doesn’t prevent us from making a mortgage lemon and only serves to dramatically reduce the pool of eligible borrowers, writes Mark Fleming, chief economist for CoreLogic.
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Housing finance reform remains a hurdle for Capitol Hill

Zandi: Since GSE takeover nothing meaningful has changed
The U.S. Senate Committee on Banking, Housing and Urban Affairs held an open hearing Thursday to push forward with housing finance reform. The only problem is while most lawmakers know it's needed, a comprehensive, linear and widely accepted solution has yet to gain major traction in Congress.
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