Nov 9, 2012 9:36AM David H. Stevens, President and CEO of the Mortgage Bankers Association criticized the federal government and financial regulators as providing a lack of transparency and an overly burdensome regulatory atmosphere in remarks prepared for delivery at MBA's inaugural Independent Mortgage Bankers Conference. Stevens credited the federal government with driving much of independent bankers' recent successes with programs such as QE3, Operation Twist and HARP but also enumerated the burdens the independent... Nov 9, 2012 4:24PM The Departments of Treasury and Housing and Urban Development released their October edition of the Obama Administration's Housing Scorecard on Friday afternoon. The report highlighted the Federal Housing Finance Agency's housing price index which posted its largest annual gain in five years and new home sales which are at the fastest pace since April 2010, near the end of the homebuyer's tax credit program. Because of the increasing strength of the housing market the scorecard notes that 1.3 million...
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