This month, the Women’s Mortgage Banking Collective (WMBC) unveiled its new logo. This collective was formed in April 2018 to bring together women in all roles and levels in the mortgage banking community to educate, connect, and empower women, and was co-founded by Stacie Rankey and Toni Bramley.
Read More »Why Borrowers Are Still Sweet on HARP
Despite overall refi volumes at Fannie Mae and Freddie Mac declining in Q2, the FHFA’s quarterly refinance report revealed that borrowers were still opting for loans under HARP, a program that’s scheduled to expire at the end of the year.
Read More »Fannie Mae Weighs in on Housing and Economy
The 2018 full-year forecast for the economy was upgraded by Fannie Mae’s Economic and Strategic Group. Here’s how housing fared in the forecast.
Read More »Fannie Mae Changes Requirements for Appraisers
In its latest selling guide updates, Fannie Mae stated it would no longer expect a market conditions form that it began requiring from appraisers in 2009 as a response to the housing crash. Here’s why.
Read More »Testing the GSEs’ Performance in Adverse Conditions
On Tuesday, the FHFA released the results of the annual stress tests for Fannie Mae and Freddie Mac, that determines how well they’re equipped to absorb losses during adverse or severely adverse economic conditions. Click through for the findings.
Read More »Why Are Home Sellers Wary of Trading Up?
Home purchase sentiment has reached a plateau, according to a Fannie Mae report with buyers and sellers both citing one particular factor that’s making them rethink their decision to purchase or sell a home.
Read More »Wages Rise, But Not Enough to Spur Home Purchases
The Bureau of Labor Statistics indicated an increase in wages in July. Here's what experts had to say on how these numbers impact housing.
Read More »Solid Fundamentals Drive Fannie Mae’s Q2 Growth
The GSE earned a comprehensive income in the second quarter and will pay a dividend in the same amount to the Treasury for the quarter. Click through to see the numbers that spelled a good quarter for Fannie Mae.
Read More »Making a Case for Disaster Preparedness
How can the mortgage servicing industry work together to be better prepared for when a disaster strikes? The Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers on Wednesday tried to answer this question. Here are some key takeaways from the event.
Read More »Getting a Mortgage Just Became Easier
Though mortgage credit access has expanded over the past three quarters, one aspect of the market is still lagging, according to a report. Which is that area?
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