Officials in Pennsylvania and from HUD held a gathering this week that discussed the recent rollback of the Obama-era “Affirmatively Furthering Fair Housing” rule, and what HUD has set up in its place.
Read More »Freddie Mac: Mortgage Rates Inch Up
Freddie Mac just released findings from its Primary Mortgage Market Survey (PMMS). Survey results reveal that the 30-year fixed-rate mortgage (FRM) averaged nearly 3%. This is up just ...
Read More »Americans Seeking Home Equity and Other Loans
Due to Congress' inability to greenlight an additional stimulus package, a new study shows how Americans are looking to offset the economic impact.
Read More »A ‘Remarkable Recovery’: Home Prices Trends Over Last Year
Some say cancellation of open houses and in-person showings will eventually lead to a decline, but home prices remain strong for now.
Read More »FHFA Updates on Refi, Foreclosure Prevention Data
Forbearance plans declined between April and May but remain the GSEs' top tool for preventing foreclosure.
Read More »Five Star Virtual Conference: Mortgage Servicing Challenges in Focus
As the industry continues to adapt to the challenges of 2020, this annual gathering of mortgage servicers, government representatives, and other industry experts will be entirely virtual this year. Here’s a first look at what to expect.
Read More »CFPB Details New “Seasoned QM” Mortgage Proposal
The bureau said the purpose of the proposed rule would encourage innovation and help ensure access to responsible, affordable mortgage credit.
Read More »HUD Provides Guidance and Flexibility for COVID-Relief Funds
HUD Secretary Dr. Benjamin Carson spotlighted new ways HUD is working with states and local governments to further assist vulnerable populations amid the ongoing COVID-19 outbreak. In an ...
Read More »What is Driving Down Mortgage Applications?
According to findings recently released from the Mortgage Bankers Association (MBA), its latest Weekly Survey showed that mortgage applications took a dive this past week (ending in August ...
Read More »Late-Summer Housing Market Unseasonably Hot
A new housing market study shows a summer that has refused to adhere to the typical seasonal trends. A recent report from Redfin reveals the state of housing ...
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