Valuations

Mark Calabria to serve as chief economist for Vice President Mike Pence

Long-time housing reform advocate joins Pence's staff
Mark Calabria, a long-time housing reform advocate, will serve as the chief economist to Vice President Mike Pence. In his role within Pence’s office, Calabria could play a big role and be a sizable voice for housing finance reform, which he has spoken about frequently in his career.
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Are you one of housing's top young leaders? Prove it

Here's your chance to be a Rising Star
Well, it’s that time of year again. HousingWire is proud to announce the fourth annual HousingWire Rising Stars award program, which honors the next generation of leaders in lending, servicing, investments, and real estate. If you, or someone you know belongs on the 2017 edition of Rising Stars, now is the time to prove it.
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Realtors: Majority of metros hit peak levels in 2016

Housing supply hit record lows
In 2016, the housing market saw existing home prices hit new highs in many markets, and housing inventory hit new lows. While this sounds great for sellers, homebuyers struggle to find an affordable home. NAR explains when homebuyers should start searching for a home to avoid competition and get the best price.
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Housing shortage and high home prices hit these 10 markets hardest

Trulia report shows most mismatched markets
Inventory shortages and high home prices plague the housing market as homebuyers struggle with the competition to find a home. Many markets have a surplus of premium homes and a shortage of starter and trade-up homes. Trulia outlines the nation’s top-10 metros with the most mismatched housing markets.
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Mixed reactions to Trump's push for Dodd-Frank overhaul

Unsurprisingly, of course…
As one might expect, the reactions to President Donald Trump’s initiation of the overhaul of the Dodd-Frank Wall Street Reform Act came in fast and furious after Trump signed an executive order on Friday that calls for the Secretary of the Department of the Treasury to begin reviewing Dodd-Frank. And unsurprisingly, those reactions varied wildly.
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Trump signs executive order to overhaul Dodd-Frank

Directs Treasury Secretary to review financial laws
As expected, President Donald Trump signed an executive order on Friday that begins to roll back the Dodd-Frank Wall Street Reform Act, the landmark legislation passed in wake of the financial crisis. “We’re signing new rules for regulating the U.S. financial system. It doesn’t get much bigger than that, right?,” Trump said just before signing the executive order.
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Trump moving forward with Dodd-Frank rollback plans

Expected to sign executive order today requiring review of financial laws
President Donald Trump is expected to move forward with his plans to roll back the Dodd-Frank Wall Street Reform Act by signing an executive order requiring a review of the comprehensive set of financial laws enacted after the crisis. According to Gary Cohn, a former top exec at Goldman Sachs and the White House National Economic Council Director, the move is the first of many designed to overhaul Dodd-Frank.
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First for 2017: Fannie Mae refines appraisal policies

But will investors change their policies?
Fannie Mae released its first selling guide updates for 2017. And it's a real standout. The GSE clarified rules around property inspections by appraiser trainees. However, some say that more still needs to be done in order for appraisers to act on the clarification.
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Your handy guide to all of Trump's promised deregulation

Fitch Ratings report highlights potential impact
One of the many promises that Donald Trump made as a candidate was a massive deregulation effort. Now that he is president, Trump is indeed following through and leading a massive deregulation effort. And while there are many moving parts still to be sorted out, it’s clear that deregulation in some form is likely, if not a sure thing. But what will the impact of that deregulation be?
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