To lenders worried about how the Qualified Mortgage Rule will affect mortgage loan liability: never fear, automated assessment tools are here, as a growing number of software companies offer online solutions to help mortgage lenders negotiate the provisions of the QM...
The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government...
The Qualified Mortgage Rule – a piece of the Dodd Frank Act designed to prevent another mortgage meltdown like the one in 2008 – has drawn fire from the mortgage industry and consumer advocates alike. And as we’ve noted before in this space, it offers a mixed message...
Renting to students used to be a landlord’s worst nightmare. All night parties, police raids and trashed properties made anyone except shadier landlords steer clear of college areas renters. But as the rental market continues to heat up and demand for properties...
The Federal Reserve’s decision to postpone – indefinitely – the planned taper-down of its massive mortgage securities buyup is good news for the hard-hit housing industry the stimulus plan was designed to help. But even as mortgage interest rates will likely remain...
