Valuations

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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Homeowners waiting longer to break even on buying a home

Home value appreciation slowing down
Homeowners are waiting longer to break even after buying a home as home price appreciation slows across the nation. In one city, homeowners are waiting nearly two years longer than in 2015 to break even. However, some cities show waits of just a year and a half to recover from the costs of buying a home.
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Senate Republicans unveil bill to replace CFPB director with committee

Will the third time be the charm?
Sens. Deb Fischer, R-Nebraska; John Barrasso, R-Wyoming; and Ron Johnson, R-Wisconsin, introduced a bill this week that would replace the single director of the CFPB with a five-member bipartisan committee, a change the Republican Party has long pushed for. According to Fischer's office, this is actually the third version of this bill, which she previously introduced in 2015 and 2016 to no avail. But will the third time be the charm?
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Ten-X predicts increase in January existing home sales

But will struggle with low inventory
After December’s decrease in existing home sales, Ten-X predicts January will bring a fresh start with new increases. It also predicts a continued rise in home prices for the month. Here’s more on the company’s predictions, and how close those predictions were in December.
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Case-Shiller: Housing market now officially, completely recovered

Blitzer: Uncertainty remains on Trump impact
Home prices increased in November, bringing a chairman of the Index Committee to explain that the housing market is completely recovered from the crisis. Case-Shiller’s top 20 cities all posted monthly increases after seasonal adjustment. One expert explains why the new administration could push home prices even further in the months to come.
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Black Knight: Home prices so close to a new national peak

Hit records in eight of the 40 largest metros
The Data & Analytics division of Black Knight Financial Services released its latest Home Price Index  report, based on November 2016 residential real estate transactions. The company finds that after rising 5.7% from the start of 2016, U.S. home prices are now within just 0.3% of a “new national peak.”
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