GSE capital rule revamp plan coming soon, investor predicts

The Trump administration’s interest in regulatory capital reform could extend to the government-sponsored enterprises in ways that could build value for a new offering of shares, one investor says. Processing Content President Trump’s executive order on mortgage credit and the Basel III re-proposal point to interest in rewriting the enterprises’ regulatory capital framework, wrote Glen […]

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Where home prices and income diverge the most and least

Even though housing prices have stabilized since the pandemic, homeownership is more difficult in some states than others. Processing Content Hawaii, California and Utah have the highest median sale price to personal income ratios, making them some of the least affordable markets in May, according to a report by BestBrokers. In Midwestern and Southern states

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Appraisal scam leads to $65M worth of defective loans

An appraisal fraud scheme will send the perpetrator behind bars for decades, after his use of stolen credentials left lenders holding the bag for more than $65 million in defective loans, according to the U.S. Department of Justice. Processing Content Former appraiser Armando Martinez was sentenced in early July after previously pleading guilty to bank

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