Mortgage Bankers Association

Seven Charts For Bullish Investors To Ignore

Wall Street still exudes widespread optimism that 2017 will provide another year of solid gains for stocks amid stable albeit unspectacular economic growth and only gentle interest rate rises. However, as The FT details, all is not well in reality, and the following seven charts will hearten investors of a more bearish persuasion...

The 50 Altered States Of American Housing

“I think we can let go of the idea that if builders build more homes, then somehow homes overall will be more affordable... We have a permanent housing inflation problem that started four decades ago and will not be easily cured by dithering with the inventory of larger homes.”

So You Didn't Get Rich...

Waa! It’s not fair! We baby boomers were told that if we worked hard and saved, we could spend the last quarter of our lives living comfortably and free from financial worries. Our parents told us. Our employers told us. Even the government told us. But now that we are reaching retirement age, the promise is beginning to feel like a fraud.

Frontrunning: March 1

  • Trump, Clinton poised for big wins on Super Tuesday (Reuters)
  • U.S. Index Futures Signal Equities to Rebound After Monthly Drop (BBG)
  • Barclays Plummets as Bank Slashes Dividend in Plan to Shrink (BBG)
  • Glencore Tumbles to Loss, Promises Accelerated Debt Reduction (WSJ)
  • The Angry Americans: Trump, Sanders and the Aftershocks of 2008 (BBG)

There Is Officially No Difference Between Jeb And Hillary, Whose Biggest Donors Are The Same

What many have tacitly known for a long time was finally confirmed overnight when an analysis of Federal Election Commission data by Vocativ and The Daily Beast found that of the 60 or so ultra-rich Americans - aka the mega-donors - who have contributed to both Jeb Bush’s and Hillary Clinton’s federal campaigns, seventeen of those contributors have gone one step further and opened their wallets to fund both Bush’s and Clinton’s 2016 ambitions.

Forget First-Time Homebuyers, It's A Million-Dollar Mortgage World

As home sales drop and home prices surge, the shifting sands of the housing market are accelerating in a seemingly inequality-expanding manner. As first-time homebuyers struggle to qualify for mortgages in a market that’s shrinking after the housing collapse, Bloomberg reports that lenders are providing more multi-million dollar loans to Americans who (in their opinion) pose less risk. Home loans from $1-5 million were the fastest growing part of the jumbo market in January with the number of loans surging to the highest since 2007.