On Tuesday, the House of Representatives passed S. 2155, also known as the Economic Growth, Regulatory Relief and Consumer Protection Act. The bill rolls back reforms from the 2010 Dodd-Frank Act and promises to provide regulatory relief to credit unions and community banks.
The House of Representatives passed its Tax Cuts and Jobs Act, sending it to the Senate, and now the industry is expressing its disappointment. However, as one expert points out, the fight isn’t over yet.
A congressional push to limit the salaries for the CEOs of Fannie Mae and Freddie Mac moves closer this week when the House version of a bill that already passed the Senate unanimously goes to the House floor for a vote. There's little reason to expect it won't have an easy landing, but then it goes to the White House.
The gap between stagnant incomes and rising rents in many parts of the country is growing out of control. Right now, there is no state in the country where someone earning either the state or federal minimum wage can afford a market-rate one-bedroom apartment.
You have your new house picked out and everything sorted out for the move except for one pretty significant problem: you can’t sell your current home. Here are 10 reasons for why your home is still sitting on the market.
When Tim Mayopoulos was vetted prior to joining Fannie Mae nearly 10 years ago in the role of general counsel, board members explained it would only take 12 to 18 months for the company to turn around. That isn’t what it took. It took putting Mayopoulos in charge, years later, to turn the company around. And that’s exactly what he did.
HousingWire began highlighting the unsung heroes of the mortgage finance industry three years ago, recognizing those who continue to make the dream of homeownership a reality for Americans nationwide. Our editorial board selected each of these 40 professionals for their ability to not only transform their companies, but the industry as a whole.
Hispanics have huge purchasing power in the U.S. and the rate of homeownership among this population has grown every year since 2014, reaching 46.2% in 2017. In fact, Hispanics are the only demographic in the U.S. to increase homeownership rates for each of the past three years and are driving gains in the real estate market overall. By understanding the unique needs and expectations of the Hispanic community and positioning yourself to fulfill those needs, real estate professionals can become an important servicer of this consumer demographic and experience related growth.