Flexing Its Might

Get ready for the CFPB to play an even larger role in housing finance

A home equity buffer will mitigate financial distress

Last year was an eventful one for the U.S. housing market. Mortgage interest rates increased at the fastest pace since the 1980s. Home price growth matched that of 2021 but most of the acceleration occurred in the first quarter of the year. The latter half of 2022 was marked by home price declines along with […]

Recessionary fears stoke concerns about vulnerable homeowners

Some 8% of all mortgages originated in the first nine months of 2022 were already underwater by year’s end, an eyebrow-raising statistic reported this past December by Black Knight. To put it another way, one in every 12 new homebuyers, or about 270,000 borrowers, owed more than their home was worth. Oftentimes, buyers who take […]