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Parting FHFA Director DeMarco gives one last call for GSE reform

Parting FHFA Director DeMarco gives one last call for GSE reform | Mortgage News | Scoop.it
“My earnest hope is that recent legislative initiatives in the House and the Senate lead to the consensus needed to bring such legislation to enactment,” DeMarco said in his parting letter to director Mel Watt.
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Equifax: First Mortgage Balance Rises for First Time in Six Years | Mortgage News | Daily National and State Headlines

Equifax: First Mortgage Balance Rises for First Time in Six Years | Mortgage News | Daily National and State Headlines | Mortgage News | Scoop.it
Equifax announced its latest National Consumer Credit Trends Report, which shows that the total balance of first mortgages increased 2.8 percent from same time a year ago, realizing the largest year-over-year increase since September of 2008. At $7.97 trillion, the total balance of first mortgages is the highest since December 2011.
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