A new survey released by the National Association of Home Builders has found that four out of five U.S. households consider housing affordability in America to be a crisis. So reports LBM Journal.

Bill Bodnar from the Mortgage Market Guide recaps the week, discusses China trade talks, recession fears and why good news is bad for bonds.

The founder of reverse mortgage lender Live Well Financial faces federal charges of running a $140 million fraud by overstating the value of its bonds. So reports Reuters.