News

The Bureau issued two Notices of Proposed Rulemaking, proposing an amendment to the General QM definition to replace the DTI limit with a price-based approach, and an extension of the Patch until the first amendment takes effect.

According to a new reports, 4.3 million homeowners are now past due on their mortgages or in active foreclosure.

Which market can LGBTQ buyers expect to pay 200% more for the average house? Click through to find out.

Spring EQ CEO Jerry Schiano spoke to MReport about the impact increased demand could have on home prices if inventory does not pick up.

Analysis of the report adds the residential construction needs to “robustly ramp up” to meet buyer demand.

How looking back at the last recession can help the housing and mortgage industries to be better prepared moving forward. This feature originally appeared in the June issue of MReport.

Also in The Week Ahead, are forecasts on home prices from the Federal Housing Finance Agency and a webinar on COVID-19’s impact on regulations.

“This is a historic moment for the LGBTQ+ community,” said AMDC Chair Lola Oyewole. “Extending protections aimed at prohibiting discrimination is a positive step towards the change we all need and deserve.” 

Austin Niemiec, EVP, Quicken Loans Mortgage Services, says the industry needs to be prepared adapt to new customer needs following COVID-19 in the latest DS5: Inside the Industry.

While the median home price is up more than 2% year-over-year, what is the outlook for the remainder of 2020?