Other reports include Wells Fargo adding new personnel in their technology department and an update on the Paycheck Protection Program.

The Housing Financial Services Committee held a roundtable discussion on how the pandemic has impacted homeowners, and how minorities have been “disproportionately” affected.

Values rose for the 35th consecutive quarter during Q1 2020, with the FHFA saying prices are up almost 6% annually.

The ability for Congress to utilize Fannie Mae and Freddie Mac to assist borrowers has helped keep the industry afloat during COVID-19.

A new study on originations found the share of refinances have nearly doubled since April 2019.

A new report said this is the largest drop since inventory began being tracked in 2012.

Sharron Levine, Director of FHFA’s Office of Minority and Women Inclusion, speaks on the challenges, and possible opportunities, presented by remote working. This feature originally appeared in the May issue of MReport.

Charmaine Brown, Senior Consultant of Alignment Strategies, D&I expert, and formerly of Fannie Mae, discusses how companies can promote diversity and inclusion efforts during the remote-working environment in the latest episode of DS5: Inside the Industry.

List prices in some of the most populated metros in the nation were more than five times that average income for prospective buyers.

Buyers are chasing a “dwindling” number of homes as inventory falls nearly 20% year-over-year.