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  • FHA will not cut mortgage insurance premiums

    The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive economic net worth of $34.86 billion and an acceptable ratio of capital reserves at 2.76%. The numbers are markedly better than last year, but FHA Commissioner Brian Montgomery said that doesn’t mean the agency will be reducing mortgage insurance premiums any time soon. Click the headline to read more.

Items Tagged with 'Politics'

ARTICLES

  • Monday Morning Cup of Coffee: Reuters publishes hit piece on Invitation Homes

    Plus a $1 billion listing, dwindling numbers of homeowners in the City of Angels and more
    Alright, alright, alright. It’s that time again. Monday is upon us and we’re serving up another round of Monday Morning Cup of Coffee. There’s drama in the single-family rental market after Reuters dropped a bombshell report on the largest single-family home landlord in the nation, Invitation Homes, detailing numerous allegations of neglect and sketchy business practices.
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  • Campaign pain: What does this election season mean for mortgage finance?

    "From caucus to raucous"
    It seems like we've gone from caucus to raucous this election year.  Anyone not bombarded by the rancor is probably hiding under a rock. The rest of us, however, are left wondering not only who will occupy the White House next, but what we're in for. For mortgage and real estate professionals, there's some interesting solace to be found in historical economic data.
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  • Deutsche Bank drops plan to create new jobs in North Carolina amid LGBT controversy

    Bank comes out in opposition of state's recent LGBT law
    A controversial North Carolina law requiring transgender people to use the public bathroom corresponding to the gender on their birth certificate is not without vocal opponents. First some big musical artists cancelled their shows and now Deutsche Bank is putting the brakes on its plans, too. Is this only the beginning?
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  • Fed governor donates to Clinton campaign

    Unusual move raises eyebrows in contentious election year
    A recent move by Federal Reserve Governor Lael Brainard to donate to Democratic presidential frontrunner Hillary Clinton puts the Fed in a position to be criticized in this contentious election year. While Fed officials do identify with major political parties, donations to a presidential candidate by senior policy makers are unusual.
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  • Confirmed: HUD Secretary Castro will endorse Hillary Clinton on Thursday

    Close sources say Castro will give full support at “Latinos for Hillary” rally
    Julián Castro, secretary of the U.S. Department of Housing and Urban Development, will endorse Democrat presidential frontrunner Hillary Clinton tomorrow at the launch of “Latinos for Hillary” in San Antonio, sources confirm to HousingWire. Here's what it could mean for the race and for Castro.
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