The Federal Reserve

Going Commando Under $400K: the Death of the Home Appraisal?

By Candy Evans / December 4, 2018 / 4 Comments

The mood in Washington, D.C. these days is to unwind regulation. So I guess we should not be surprised that the Office of the Comptroller of the Currency recently said it is considering going commando, so to speak, on appraisals for residential real estate transactions under $400,000. The current rules in place now do not […]

Read More

Mortgage Report: Bonds Weaken With News of Syria Bombing, Inflation

By Joanna England / April 16, 2018 / 0 Comments

There’s a lot of news for the market to digest, says our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk. Bonds fell through a key support level, and with news of President Trump’s decision to bomb Syria and the Fed’s watchdog-like concern regarding inflation, […]

Read More

Bernake Talks to Home Builders: Weak Housing Impeding Recovery. Translation to DC: It’s Still About the Lending, Stupid

By Candy Evans / February 12, 2012 / 0 Comments

Just to show you how crucial housing and home building remains to the nation’s economic recovery, Fed Chairman Ben Bernake rubbed shoulders (and used hand gestures) with Bob the Builders last week in Orlando. His talk was the hottest ticket in town at the 2012 National Association of Home Builders International Builders Show in Orlando. Dallas photographer […]

Read More