New home sales improved in August, but still fell below economists’ consensus forecast and the annual sales rate was weaker than in May and June. Read more.
National Mortgage Professional Magazine | September 17, 2013
Sens. Jon Tester (D-MT), Bob Corker (R-TN) and Johnny Isakson (R-GA) stressed
that ongoing efforts to reform the U.S. tax code and overhaul the housing
finance system should take into account the important role that housing plays
in the economy. Read more.
The Federal Reserve could begin withdrawing unconventional life support for the US economy as early as next week. It raises questions anew, especially for the housing sector, about what happens when an era of cheap borrowing costs comes to a close. Read more.
September 13, 2013
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) finalized amendments and clarifications to its January 2013 mortgage rules in order to help industry comply and to better protect consumers. The changes made today answer questions that have been identified during the implementation process. Read more.
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