The August 2021 DFPI Bulletin focuses on the 2020 Report on the California Residential Loan Mortgage Act and the first Debt Collector Advisory Committee meeting, among other topics.
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The August 2021 DFPI Bulletin focuses on the 2020 Report on the California Residential Loan Mortgage Act and the first Debt Collector Advisory Committee meeting, among other topics.
California home prices soar; Jobs begin their long recovery; Homebuyer purchasing power to level, removing support for increasing prices
The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.
This article forecasts a surge in mortgage modifications in the wake of the coming expiration of foreclosure moratoriums — which will in turn lead to a rise in re-defaulting borrowers.
Inventory rises from the bottom; More construction is the best cure for inventory shortage; Buyer FOMO inflates sales volume
Downpayment Toward Equity Act of 2021 One of President Joe Biden’s campaign promises was to help Americans buy quality housing through financial assistance. To make good on this promise, his administration is to introduce the Downpayment Toward Equity Act of 2021....
The yield spread forecasts no double-dip recession; Stimulus payments distort personal savings rates; Rising home sales volume: a mirage?
Mortgage rates rise from historic lows; Pre-2021 rise in buyer purchasing power is done; Home prices are in bubble territory, again
The April 2021 DFPI Bulletin focuses on COVID-19 relief, PACE solicitor sanctions and financial education grants. Editor’s note — The California Department of Financial Protection and Innovation (DFPI, formerly the Department of Business Oversight), supervises,...