According to Chronos Solutions, the acquisition will further expand its suite of products and services that support mortgage lenders and mortgage technology talent.
Read More »GSEs 2016 Focus: Liquidity, Credit Access, and Common Securitization
The Federal Housing Finance Agency (FHFA)’s 7-year-old conservatorship of Fannie Mae and Freddie Mac will continue for at least another year despite the fact that it was meant to be temporary.
Read More »Mortgage Lenders Predict More Easing of Credit Standards in 2016
The Fannie Mae survey found that the easing of credit standards may help solve some of the affordable housing problems that the housing market has been experiencing.
Read More »So the Fed Raised Rates, Now What?
So now that the rates are higher, mortgage industry professionals are now wondering how this change will be impact their business moving forward into the new year. Several executives sat down with MReport to give their thoughts on if the housing market will thrive, stall, or completely shatter in the near future.
Read More »Young Homeowners Finally Ready to Re-enter in the Housing Market
Many factors have been contributed to the lessening number of young homeowners over time—excluding a brief spike during the housing boom—but this may be about to change in the near future.
Read More »U.S. Comptroller Warns Banks of Risks From Sub-par Underwriting Standards
Careless underwriting standards is causing an influx of credit risk in bank lending portfolios, which could be a huge mistake for these lenders over the long-term.
Read More »Housing Starts Skyrocket from Last Month’s Slump
Despite yesterday's report that home builders' confidence was down, they have certainly been busy with new construction in November 2015.
Read More »It’s Official: The Fed Finally Raises Rates
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero level where it has been since 2006.
Read More »Summit Valuations Unveils a New Website for 2016
In order to provide its users with more information about valuation services, Summit Valuations, LLC, recently announced that the company has launched a new website for the new year.
Read More »Economic Headwinds Won’t Affect Year-End or 2016 GDP Growth
Soft economic growth in Q4 to this point has done nothing to change Fannie Mae’s forecast for economic growth forecast for 2016, as current economic conditions suggest that that a long-anticipated increase in the federal funds target rate will be announced Wednesday afternoon
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