Home-price increases continued uninterrupted in early 2018 despite predictions by some industry analysts that tax reform enacted in December could have a negative impact on the housing market. Analysts add that the full impact of tax reform has yet to play out, though early returns look promising.
The American Federation of Teachers has threatened to end a mortgage partnership with Wells Fargo unless the bank stops providing support and financial services to the National Rifle Association and gun manufacturers.
Fitch said the $3 billion reserve should be sufficient to cover income volatility during “the normal course of business, as seen when interest-rate volatility results in valuation adjustments within the GSEs’ derivative portfolios.”
Mulvaney – a former GOP Congressman from South Carolina and a Tea Party acolyte – declared: “The Bureau’s new strategic priorities are to recognize free markets and consumer choice and to take a prudent, consistent, and humble approach to enforcing the law.”
Mark Garland, president of MountainView Servicing Group, Denver, reported that SRP prices are indeed strong these days. “Absolutely, it’s the best it’s been in years,” he said.
According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least four-times what their CEOs make...