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FHA Proposes New Rules to Strengthen Risk Management
The Federal Housing Administration is moving to reduce risks to its single-family insurance fund. Today it introduced proposed new rules that include increasing the net worth of its lenders.
Obama Administration "Shames" Mortgage Servicers
The Treasury Department is reportedly going to announce plans to move more aggressively against servicers and lenders who fail to move borrowers out of trial mortgage modifications into permanently restructured loans.
Construction Spending, ISM, Pending Home Sales, Beige Book, Jobs Data
Across the board investors are worried. Equities are down, Treasuries are soft, crude oil is flat, the dollar is weaker and even gold is in sell-off.rnrnTwo hours before the week’s opening bell, Dow futures are off by 14 points to 10,278 and S&P 500 futures are down 2 points to 1,088. WTI Crude oil is up 2 cents to $76.07 per barrel and Spot Gold is $7.54 lower at $1170.09.
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...