Borrowers should be prepared for higher interest rates but if the economy improves, anobody is going to care," the CEO said.
The Consumer Financial Protection Bureau released a report that found consumers opting in for overdraft protection were vulnerable to higher costs.
Home prices in Phoenix are likely to continue to rise, although at a gentle pace, according to a report from Arizona State University.
Private-equity firm Blackstone has among the biggest investors in real estate over the past year, buying thousands of foreclosed homes. Is it causing a bubble?
The housing giant prefers to sell foreclosed homes to buyers who intend to use the home as their primary residence
Refinancing activity has declined in recent weeks amid higher rates, but there is still significant volume up ahead.
Investors can still find lower priced homes, if they are willing to renovate.
The housing giant has been slow to expand its REO-to-rental program after its pilot last year.
The institutionalization of the single-family rental business is still in its infancy, but an ability to scale up would be a big advantage.
The value investor is making a big bet on Fannie and Freddie's future.