A Former Freddie Mac CEO says, “no,” but the FHFA calls it a necessary step prior to the enterprises’ conservatorship exit.
Read More »Fairway Independent Mortgage Earns No. 1 Workplace Award
Madison, Wisconsin-based Fairway Independent Mortgage Corporation won the 2021 Top Workplaces USA award issued by Energage, an organization that develops solutions to build, brand, and incentivize a healthy ...
Read More »Marcia Fudge’s HUD-Secretary Bid Moves Forward
The Senate Committee on Banking, Housing, and Urban Affairs voted 17-7 in favor of Marcia Fudge's nomination as Secretary of Housing and Urban Development (HUD). The committee held Fudge's confirmation ...
Read More »Most First-Home Shoppers Misunderstand Their Budgets
Several factors can contribute to affordability for Gen Y’s aspiring homeowner, but shoppers must first fully understand their financial situations, economists say.
Read More »DS5: Lenders Entering the IPO Market
This week’s DS5: Inside the Industry features an interview with Patricia Cook, CEO for Finance of America, who discusses lenders' interest in accessing public capital and more.
Read More »Mortgage Performance During the COVID-19 Crisis
When the coronavirus pandemic prevented many Americans from working, many wondered what would happen in the housing market. After all, no employment, no paycheck, no paying the mortgage. ...
Read More »Home Equity is Increasing Even in Unstable Economy
For many homeowners, the "uncertainty of the economy during the pandemic looms large," but the Q4 decrease in underwater loans is “the good news" in this report.
Read More »Homes Are Selling at Record Speed
Not only do home shoppers have to be fast to win a home, "they have to be prepared and resourceful,” economists say.
Read More »January 2021: Highest Reverse Mortgage Volume Since May
January's numbers built on an uptick that started in December; prior to that, HECM activity had declined during the last few months of 2020.
Read More »FHA Aims to Improve Safety for Mortgagers, Borrowers
A series of "waivers of provisions" will allow important mortgage servicing activities to continue "in a manner that allows for safe social distancing," the administration announced.
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