Policymakers in Washington are increasingly focused on the role of large institutional investors in the single-family housing market. The concern is straightforward: if large private equity firms are buying millions of homes, they could contribute to rising housing costs and reduced access for Americans trying to buy their first house. Processing Content Those concerns deserve […]
Congress risks shutting out small housing investors Read More »
The Mortgage Industry Standards Maintenance Organization has moved a pair of initiatives related to two government-guaranteed mortgage loans programs up to candidate recommendation status. Processing Content First, the data mapping for a key form in the Veterans Affairs loan process has achieved this status, meaning the standard has been thoroughly reviewed by industry participants and
MISMO releases VA, FHA form standards for industry use Read More »
Key insight: The Bureau of Labor Statistics reported that the economy lost 92,000 jobs in February, signaling a cooling labor market. Supporting data: Health care jobs fell by 28,000, while the overall unemployment rate held steady at 4.4%. Forward look: The declining job totals could signal to the Federal Reserve that rate cuts are necessary
Economy loses 92,000 jobs in February Read More »