Kelsey Ramírez is a Reporter at HousingWire. Ramírez is a journalism graduate of University of Texas at Arlington. Ramírez previously covered hard issues such as homelessness and domestic violence and began at HousingWire as an Editorial Assistant.
Last month, news broke that FHFA Director Mel Watt is under investigation for alleged sexual misconduct. Now, the employee who accused Watt, Simone Grimes, is speaking out publicly about her accusations.
While 2019 may still seem like a long way away, U.S. economists are already taking a look at the year and forecasting its growth. Economic growth in the U.S. is expected to remain above average through the end of 2019 but could fall back from growth levels seen in 2018.
The Federal Reserve announced Monday its most significant change in staff since Fed Chair Jerome Powell took office in February. David Wilcox, Federal Reserve director of the division of research and statistics, announced he will retire at the end of 2018.
The housing market has tilted sharply in favor of sellers over the past two years, but there are very early signs that the winds may be starting to shift ever-so-slightly. The latest data shows an increase in the number of homes with price cuts – but is it where buyers really need it?
The Home Affordable Refinance Program continues to shrink, making up just 1% of total refinance volume in the second quarter. And as the program grows closer to expiring at the end of this year, the FHFA shows there are still many borrowers eligible for a HARP refi.
Senate Democrats continue to push back against a decision by the CFPB to stop supervising lending made to active duty service members. The bureau recently began making plans to cut back its investigations on lenders that service military members. Now, Senate Democrats are calling on the CFPB to continue its oversight.
After initially postponing its vote on the future director of the Consumer Financial Protection Bureau, the Senate Committee on Banking, Housing and Urban Affairs announced it has rescheduled the vote.
Mortgage delinquencies and foreclosure rates in the U.S. dropped to their lowest level in the past 12 years. However, two states saw their mortgage delinquencies increase, and CoreLogic is worried about another one. Here’s why.
Home remodeling continues to increase in frequency as more Baby Boomers are electing to age in place and even Gen Xers opt to improve their current homes rather than trading up to newer ones. In fact, home remodeling has surged by about 30% in the past five years, according to the latest report from BuildFax.
Eight years after we began recognizing women for their influential work in the expanding housing and mortgage finance ecosystem, a traditionally male-dominated field, our Women of Influence list is bigger and better than ever! This year, we honor 85 women who are making lasting achievements in each sector of the housing economy. Read on to learn more about these accomplished women and the strides they are making in their industry segments.
The financial world at large is experimenting with changing its workforce culture in ways not fathomable 10 years ago. For example, in 2011, the dress code for female workers at UBS came to light with unflattering results. In it, the Swiss bank instructed female employees on not just how to dress and how to smell, but also preached the importance for ladies to apply lotion after taking showers. Fast forward to today and fellow Swiss bank, Credit Suisse has now created an official role to boost equal opportunities and create a fair treatment environment. Has the American mortgage industry made similar progress?
The conversation around student loan debt and its economic impact on Millennials, those born from 1980 to 1998, has some questioning whether the future of the American Dream is in jeopardy. The nation’s student loan debt has soared to $1.4 trillion, surpassing credit cards in becoming the largest source of personal debt outside a mortgage.