Urban Institute Last year, we wrote about the need to address the expiration of the government-sponsored enterprise patch, or “GSE patch,” which currently allows higher debt-to-income (DTI) ratio mortgages to qualify for the protections provided under the qualified mortgage (QM) rule. Read More
Debtwire RS&P/Case-Shiller Home Price Indices futures have been a lonely corner of activity for the CME Group over the past decade, perhaps as home values have been reliable gainers amid falling unemployment, growth in the number of households, and a dearth of available homes. Now, the abrupt shift in the US economic outlook might draw attention to the derivatives, according to one market maker. Read More
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