Five-years ago this week, Dodd-Frank was signed into law, ushering in a new era in mortgage lending. While the merits of the bill are still being weighed, mortgage originators and title and settlement service providers are grappling with the implementation of one component of Dodd-Frank – TILA-RESPA Integrated Disclosure (TRID). TRID is part of a ... Read More ›

Housing market improving as underperformance gap between existing-home sales and market capacity shrinks. First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-homes sales are under capacity or over capacity based on current market fundamentals. For the month of June, the EHS-C rate decreased ... Read More ›

Over the weekend, Greece signed up for an agreement with the European Union that saved it from a “Grexit” (Greek exit from the Eurozone). In other news, the Chinese stock market has finally stabilized almost a third off its early June peak. Yet this wasn’t necessarily the result of the market alone, but significant intervention on the part of the ... Read More ›

We have published several blog posts recently on the impact of education on income. It should be common knowledge that higher levels of education correspond with higher incomes. But how do income brackets break down across education levels? Or asked differently, how badly do you need a bachelor’s degree if you want to make six figures? Read More ›

In several of our recent blog posts, we have touched on Millennials and their various characteristics, from the sizeable Hispanic representation, to the importance of education when it comes to owning a home. We have seen that Millennials are the most diverse generation to date. There is also an ever-increasing need for higher education in today’s ... Read More ›

This month in Mortgage Banking Magazine, I have an article entitled “Equity For All” in which I discuss the importance of homeownership for economic mobility and growth. This is particularly important today as the homeownership rate is at 25 year lows and some are suggesting that it may even fall further (see the recent research from Urban ... Read More ›