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Housing Headlines
Housing Headlines

ECONOMIC NEWS 
 

MarketWatch

Home-price gains accelerated in November, Case-Shiller shows

National home price gains maintained momentum in November, two months after retaking the high last seen at the height of the housing bubble.

 

MarketWatch

Mortgage rates tread water, alongside Treasurys and broader housing market

Rates for home loans were unchanged after notching their first weekly increase in 2017, mortgage provider Freddie Mac said Thursday.

 

The Wall Street Journal

Why the homeownership rate isn't likely to take off anytime soon

The homeownership rate fell again in the fourth quarter, underscoring the challenges President Donald Trump faces in fulfilling his promise to bring back the American dream of homeownership.

 

HousingWire

Why isn't Freddie Mac on board with all these rosy outlooks?

Latest housing numbers prove robust, so what gives?

 

USA Today

Americans making big compromises to buy homes

Limited housing supplies are forcing prospective homeowners to make significant compromises, such as devoting less money to saving for emergencies and retirement, a new survey says.

 

The New York Times

Better deals on homes can chase away winter doldrums

February typically isn't a month that brings out hordes of home shoppers. Colder weather and postholiday belt-tightening often combine to push sales into the doldrums.

 

The Wall Street Journal

Young people lose confidence in their prospects as homeowners

Young Americans are losing confidence in their prospects for buying a home, suggesting that even with prices at all-time highs the dream of homeownership is losing its grip on some. (Subscription may be required.)

 

USA Today

Fed stands pat on rates, no signal on March hike

The Federal Reserve held its key interest rate steady Wednesday, and gave no signal on when it will act again after raising it in December for the first time in a year.

 

The Wall Street Journal

January jobs report

The U.S. economy posted solid job growth as it kicked off the new year, but wage growth was weaker than expected. Here are some key numbers from the January jobs report released Friday by the Labor Department.

 

HOUSING FINANCE

 

Bloomberg

Fannie Mae-Freddie Mac should be utilities, trade group says

A powerful housing trade group is wasting no time in pushing the Trump administration and Republican-led Congress to address one of the last unresolved issues from the financial crisis, outlining a proposal Tuesday to overhaul mortgage-finance giants Fannie Mae and Freddie Mac.

 

HousingWire

The future of TRID hangs in the balance amid Trump regulatory actions

A freeze on a final rule of the Consumer Financial Protection Bureau's Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule, TRID, could become an unfortunate side effect of Trump's executive order on Monday.

 

Forbes

With a stroke of the pen, Donald Trump will wave goodbye to the Dodd Frank Act

Days ago, President Donald Trump vowed to do a "big number on Dodd Frank," the sweeping banking legislation put in place by the administration of President Barack Obama in response to the 2008 financial crisis. Trump called Dodd Frank "a disaster" that has impeded growth by making it harder for banks to lend to consumers and small businesses. Still in his second week in office, Trump is making good on his statement.

 

The New York Times

Court orders Justice Dept. to release Fannie Mae and Freddie Mac documents

Casting a ray of sunlight on a case that has been shrouded in secrecy, a federal appeals court ruled on Monday that the government must produce a raft of documents to plaintiffs suing over its decision to seize all the profits of Fannie Mae and Freddie Mac, the mortgage finance giants that were put into conservatorship in September 2008, at the depths of the financial crisis.

 

IMMIGRATION

 

The Wall Street Journal

Trump immigration rules likely to exacerbate home builders' labor shortfall

The U.S. home-building industry, which relies heavily on immigrant labor, could face significant challenges under stricter immigration enforcement rules outlined during President Donald Trump's first week in office. (Subscription may be required.)

 

The Wall Street Journal

Draft of executive order looks to re-examine visa programs

The White House and lawmakers in Congress appear poised to take on another contentious slice of immigration policy: the visa programs favored by technology and other companies. (Subscription may be required.)

 

PRODUCT NEWS

 

Professional Warranty Service Corp

Builders Beware: The Court of Public Opinion Is Now In Session

With unhappy customers, whether homeowners' claims are accurate or not, the court of public opinion is in session.  Perception is reality and it's your reputation on trial. Can you afford not to react? 

 

MORTGAGE NEWS

 

MarketWatch

Citigroup exiting mortgage servicing business

Citigroup Inc. on Monday said it would exit the mortgage-servicing business, turning its focus to mortgage originations.

 

APPRAISALS

 

National Mortgage News

Why appraisals are taking so long in the Pacific Northwest

Lenders have been pulling their hair out over extreme appraisal delays in the Pacific Northwest and are trying to figure out why it's happening to a greater degree there than elsewhere. (Subscription may be required.)