| Date | Title | Description |
| 17.09.2024 |
Highly leveraged loans on the GSEs’ books are a real fiscal danger, Calabria argues | The spread on mortgage-backed securities (MBS) trouble many industry professionals, and at a recent roundtable discussion, it spurred an interesting discussion on the degree of risk being absorbed by Fannie Mae and Freddie Mac.
At policy pa... |
| 17.09.2024 |
Fed policy is set to change. How will mortgage rates respond? | Federal Reserve policymakers are expected to lower the benchmark interest rate on Wednesday for the first time in more than four years. But it appears to be anyone’s guess as to how large the cut will be.
Interest rate traders were giving s... |
| 17.09.2024 |
Fannie and Freddie aren’t going private anytime soon, Mark Calabria says | If Donald Trump wins a second term in the White House, he’s going to attempt to return Fannie Mae and Freddie Mac to private status after more than 16 years under federal conservatorship. That’s according to Mark Calabria, the former head o... |
| 13.09.2024 | Home Equity and Loan Limits: A Shifting Landscape in Real Estate | The real estate market is a living organism. It breathes, shifts, and evolves. Recent reports reveal a fascinating dual narrative: homeowners are gaining equity, while lenders are adjusting loan limits. Together, these trends paint a pictur... |
| 13.09.2024 | The Housing Market's Uncertain Horizon: Stagnation and Shifting Limits | The U.S. housing market is at a crossroads. This summer, home prices have shown unusual stagnation. Typically, summer is a time of growth, a season when the market blossoms. But this year, it feels more like winter. According to CoreLogic, ... |
| 13.09.2024 |
Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA’s decision | Rocket Pro TPO, the wholesale arm of Rocket Mortgage, upped its agency conforming loan limits to $802,650 in 48 states, ahead of an announcement by the Federal Housing Finance Agency (FHFA) that is expected in November.
For Alaska and Hawai... |
| 13.09.2024 |
Trump allies would seek GSE privatization: WSJ | Allies of former President Donald Trump are developing plans to move government-sponsored enterprises Fannie Mae and Freddie Mac out of federal conservatorship, a long-sought goal of certain politicians and a move that would have a notable ... |
| 11.09.2024 | CrossCountry Mortgage Helps Hispanic Borrowers Through New, Dedicated Tools | Company Builds on Initiatives to Advance Hispanic Homeownership
CLEVELAND, Sept. 11, 2024 /PRNewswire/ -- CrossCountry Mortgage (CCM), the nation's number one retail mortgage lender, expands support for Hispanic homebuyers through new, dedi... |
| 10.09.2024 | Fannie Mae Announces Sale of Non-Performing Loans | 2024-NPL3 Includes the Company's Twenty-Fifth Community Impact Pool Offering
WASHINGTON, Sept. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loans as part of the company's ongoing effort... |
| 09.09.2024 | Mortgage Rate Optimism Spikes, but Homebuying Pessimism Persists | Regional Divergence in Consumer Sentiment Likely a Function of New Supply
WASHINGTON, Sept. 9, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 0.6 points in August to 72.1, as consumers repo... |
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| 05.09.2024 |
Fannie Mae forecasts slower home-price growth in the near future | U.S. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae.
The third-quarter 2024 survey ... |
| 05.09.2024 | Expert Panel Predicts Home Price Growth Will Decelerate in 2024 and 2025 | Panel Also Shares Thoughts on Most Impactful Potential Policy Reforms to Boost Housing Supply
WASHINGTON, Sept. 5, 2024 /PRNewswire/ -- Following home price growth of 6.0% in 2023, a panel of housing experts forecasts annual national home p... |
| 03.09.2024 | Citymark Capital Appoints Michael McRoberts to the Firm's Advisory Board | CLEVELAND, Sept. 3, 2024 /PRNewswire/ -- Citymark Capital, a leading US real estate private equity platform headquartered in Cleveland, Ohio, is pleased to announce that Michael McRoberts has been appointed to the firm's advisory board.
McR... |
| 03.09.2024 |
Fannie Mae’s chief economist forecasts his own retirement | The chief economist of Fannie Mae expects to hang up the cleats this year.
Doug Duncan, who’s been the chief economist at the government-sponsored enterprise since 2008, will be retiring effective Sept. 22, according to Rob Chrisman, who fi... |
| 30.08.2024 | The Hidden Costs of Early Payoff Penalties in Mortgage Lending | In the world of mortgage lending, early payoff penalties (EPOs) are lurking like shadows. They can turn a seemingly smooth transaction into a financial nightmare. As interest rates fluctuate, these penalties are back in the spotlight, causi... |
| 30.08.2024 |
Opinion: The myth of financing buyer agent commissions | The proposed settlement between the National Association of REALTORS (NAR) and class-action litigants has prompted much discussion about a series of practice changes affecting compensation for real estate professionals. Despite bipartisan a... |
| 29.08.2024 | New Housing Goals and Tenant Protections: A Shift in the GSE Landscape | The Federal Housing Finance Agency (FHFA) is reshaping the housing landscape. With new proposals for Fannie Mae and Freddie Mac, the agency aims to address the pressing need for affordable housing. The recent announcements signal a shift to... |
| 28.08.2024 |
GSEs announce new tenant protection plans for multifamily properties | The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac on Wednesday announced new minimum standards to be included in tenant leases on GSE-backed multifamily properties, following up on a policy announced last month by the F... |
| 26.08.2024 |
EPO fees are back. How mortgage lenders can avoid them | Mike Roberts is about to make his first early payoff (EPO) penalty in two years after finding out that one of his clients refinanced a $355,000 loan with a 7.25% rate that Roberts closed in April.
“The amount that we received in yield sprea... |
| 23.08.2024 | The Housing Market Crossroads: Rates, Proposals, and Political Currents | The U.S. housing market stands at a critical juncture. Mortgage rates have stabilized, while political proposals seek to reshape homeownership dynamics. As Federal Reserve Chair Jerome Powell prepares to address economic concerns, the impli... |
| 23.08.2024 |
FHFA proposes new three-year housing goals for Fannie, Freddie | The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standard... |
| 22.08.2024 |
FHFA updates capital requirements for private mortgage insurers | The Federal Housing Finance Agency (FHFA) on Wednesday updated its capital requirements for private mortgage insurers and allowed rules established during the COVID-19 pandemic to sunset. Companies will have two years to fully implement the... |
| 21.08.2024 |
Fannie Mae economists lower their expectations for 2024 home sales | Mortgage rates have moved lower in recent months, but Fannie Mae economists said Wednesday that this won’t be enough to increase the number of homes sold in the foreseeable future.
Fannie Mae’s Economic and Strategic Research (ESR) Group do... |
| 21.08.2024 |
Consumer groups urge FHFA to update climate standards for GSE-backed homes | A coalition of interest groups oriented around climate issues has launched a social media campaign designed to pressure the Federal Housing Finance Agency (FHFA) into adopting up-to-date energy-efficiency standards for homes backed by the g... |
| 20.08.2024 | What credit score is needed to buy a house? | Credit score needed to buy a house, by mortgage type
There’s no single, specific credit score that will automatically qualify you for a mortgage (though having the maximum score of 850 certainly never hurts). However, while lenders might no... |
| 20.08.2024 |
Mortgage rates hold steady ahead of Powell’s Jackson Hole speech | After dropping significantly during the first two weeks of August, mortgage rates have plateaued ahead of a key economic announcement on Friday.
That’s when Federal Reserve Chair Jerome Powell is set to speak at the annual Jackson Hole Econ... |
| 17.08.2024 | Cybersecurity and Consumer Protection: A Tale of Two Agencies | In the digital age, security and consumer protection are paramount. Two recent reports highlight the vulnerabilities and challenges faced by federal agencies in these realms. The Federal Housing Finance Agency (FHFA) and the American Land T... |
| 17.08.2024 | The Refinance Rollercoaster: A Market on Edge | The refinance market is a wild ride. Just when it seems to gain momentum, it hits a bump. Recent data shows a surge in refinance applications, but the reality is more complex. The numbers tell one story, but the experiences of loan originat... |
| 16.08.2024 | The Housing Market Tightrope: Navigating Challenges and Opportunities | The American housing market is a complex web. It’s a tightrope walk between soaring prices and high interest rates. Many potential homebuyers find themselves stuck, waiting for a better moment to leap. But in this game of patience, time may... |
| 16.08.2024 |
Data suggests refi applications are up. But LOs aren’t seeing a surge of business | When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged.
Despite what seems like welcome news for loan originators, who have suffered through t... |
| 15.08.2024 | Corporate Maneuvers: Shareholder Rights and Strategic Partnerships in Focus | In the bustling world of corporate finance, two recent developments shine a light on shareholder rights and strategic partnerships. The investigations by Halper Sadeh LLC into potential breaches of fiduciary duties and the expansion of Lume... |
| 15.08.2024 |
Opinion: Housing industry gut check: Surveying the current landscape | As home prices rise and high interest rates persist, many Americans are delaying purchasing a home, believing they cannot afford it or that now is a bad time to buy. However, waiting is not an option for homebuyers in pivotal chapters of th... |
| 14.08.2024 | The Rising Tide of Piggyback Loans: A Double-Edged Sword for Homebuyers and Investors | The housing market is a turbulent sea. As waves of change crash against the shores of affordability, a new trend is surfacing: piggyback loans. These financial lifebuoys are becoming increasingly popular among first-time and low- to moderat... |
| 13.08.2024 |
Enterprise Community Partners to FHFA: The GSEs have got some work to do | Influential housing nonprofit Enterprise Community Partners this week submitted a comment letter to the Federal Housing Finance Agency (FHFA) regarding the Duty to Serve (DTS) plans submitted by the government-sponsored enterprises (GSEs) F... |
| 13.08.2024 | Fannie Mae Announces Sale of Reperforming Loans | WASHINGTON, Aug. 13, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.
The sale cons... |
| 13.08.2024 |
FHFA is highly vulnerable to hacking threats: OIG | The Federal Housing Finance Agency (FHFA) Office of the Inspector General (OIG) has warned the agency that it has serious network security deficiencies that leave its computer systems vulnerable to hacking, based on “penetration testing” th... |
| 13.08.2024 |
ALTA responds to CFPB’s inquiry on mortgage fees | The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue.
In a 15-page... |
| 13.08.2024 |
Are refis back?! Applications hit highest level since August 2022 | Refinance activity last week hit its highest level since August 2022, when mortgage rates were closer to 5%. But it’s far too early to celebrate.
Refinance activity received a major boost last week as mortgage rates declined on the back of ... |
| 12.08.2024 | Lument Expands West Coast Presence | NEW YORK, Aug. 12, 2024 /PRNewswire/ -- Lument announced today it has entered into an exclusive correspondent relationship with Arcus Harbor Real Estate Capital under which Arcus Harbor will refer all Fannie Mae, Freddie Mac, and FHA loans ... |
| 12.08.2024 |
Refi demand moves to highest level in nearly two years: Optimal Blue | More evidence is emerging that the recent decline in mortgage rates is prompting more borrowers to refinance.
In its July 2024 Market Advantage report released on Monday, mortgage technology firm Optimal Blue reported that refinance demand,... |
| 12.08.2024 |
Disadvantaged buyers are turning to piggyback loans. Should investors be worried? | Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges. This is according to a CoreLogic report published on Mo... |
| 09.08.2024 | Navigating the Housing Market: Tools and Innovations for Homebuyers | The dream of homeownership often feels like a distant star. Many aspiring buyers gaze at it, but the path seems obscured by clouds of high prices and rising interest rates. Yet, just as the sun breaks through the fog, there are tools and re... |
| 07.08.2024 | US 30-year mortgage rate drops on weak jobs data, Fed rate-cut signals | U.S. MarketsUS 30-year mortgage rate drops on weak jobs data, Fed rate-cut signals
By Ann SaphirAugust 7, 20247:39 PM UTCUpdated ago
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| 07.08.2024 | Frustration Evident in Consumer Housing Sentiment | Only 17% Say It's a 'Good Time' to Buy, Despite Known Aspiration to Own
WASHINGTON, Aug. 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 1.1 points in July to 71.5, as an overall lack of ... |
| 06.08.2024 |
Implementation deadline for appraisal review policy pushed to Oct. 31 | A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) requests for appraisals — originally scheduled to be implemented between Aug. 29 and Sept. 2 — has been pushed back to Oct. 31, 2024. T... |
| 05.08.2024 | Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports | FinanceFannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports
By ReutersAugust 5, 20246:07 PM UTCUpdated ago
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| 05.08.2024 | Free tools and resources that can help make buying a home a reality | (BPT) - Many of today’s homebuyers and renters face affordability challenges. Higher mortgage rates and low housing supply have increased homeownership costs. Corresponding increases in rent have also made it more difficult for potential bo... |
| 05.08.2024 |
The financial markets are freaking out. That should be good for mortgage | Fears of a recession in the U.S. sent shockwaves through financial markets around the world on Monday. The Dow-Jones dropped 1,000 points by 10:30 a.m. Eastern time, the NASDAQ lost up to 6% of its value and Japanese stocks suffered their b... |
| 05.08.2024 | MIAC Enhances Originator Capabilities with Fannie Mae's Mission Score API Integration | MIAC's Integration with New API and Product Grid Brings Greater Clarity and Competitive Pricing to Originators
NEW YORK, Aug. 5, 2024 /PRNewswire/ -- MIAC Analytics™, a leading provider of proprietary secondary marketing technology, is exci... |
| 02.08.2024 | The Real Estate Landscape: Navigating Change Amidst Competition | The real estate industry is on the brink of a seismic shift. As the 2024 Summer Olympics in Paris approach, real estate agents across the U.S. are preparing for their own version of the Games. The stakes are high. On August 17, the National... |
| 02.08.2024 |
Opinion: The Biden administration needs to pave the way for a rapid end to appraisal bias | The federal government’s effort to address appraisal bias has stalled and needs a jump start. The Biden administration chose June 1, 2021, the historic 100th anniversary of the Tulsa race massacre, to announce the Property Appraisal and Val... |
| 01.08.2024 |
Real estate agents prepare for their own Olympics — the navigation of business practice changes | It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the real estate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions.
Like the a... |
| 01.08.2024 |
CHLA: Lack of competition has driven up third-party closing costs | The Community Home Lenders of America (CHLA) on Thursday issued a comment letter to the Consumer Financial Protection Bureau (CFPB), saying that a major reason for the increase in mortgage closing costs from third parties is due to a lack o... |
| 31.07.2024 | The Balancing Act of Homeownership: Fannie Mae and Private Mortgage Insurance in Focus | In the intricate dance of the American housing market, two players stand out: Fannie Mae and private mortgage insurance (PMI). Each plays a crucial role in shaping homeownership, especially for first-time buyers. Their recent performances r... |
| 30.07.2024 |
Opinion: Title insurance pilot program could undermine state-based regulatory system | For the millions of Americans looking to purchase their first home, housing affordability remains a difficult hurdle to overcome. Home prices rose 6.3% in April, compared to the same month a year ago, and are 47% higher than just four years... |
| 30.07.2024 | Homebuyers Used Private Mortgage Insurance to Purchase Homes in a Challenging Real Estate Market | New Report Finds Private Mortgage Insurance is a Key Resource for Low Down Payment Buyers
WASHINGTON, July 30, 2024 /PRNewswire/ -- In the midst of ongoing housing market challenges, characterized by high interest rates, high home prices, a... |
| 30.07.2024 | Fannie Mae Reports Net Income of $4.5 Billion for Second Quarter 2024 | WASHINGTON, July 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its second quarter 2024 financial results and filed its Second Quarter 2024 Form 10-Q with the Securities and Exchange Commission. The filing provides condens... |
| 30.07.2024 |
Despite a big uptick in acquisition volume, Fannie Mae income stays relatively flat in Q2 | Fannie Mae recorded $4.5 billion in net income in the second quarter, pushing its net worth to $86.5 billion as of June 30.
Its net income was up only $164 million from the first quarter, despite a large uptick in purchases of single-family... |
| 30.07.2024 |
Wholesale lender OCMBC fires back at HMAC’s poaching lawsuit | In response to a poaching lawsuit filed two months by Home Mortgage Alliance Corp. (HMAC), wholesale lender OCMBC Inc. has denied the allegations while countersuing HMAC and its co-founder, Alfred Hanna, on behalf of an employee, Michael Tu... |
| 30.07.2024 |
Private mortgage insurance fueled 800K low down payment home purchases in 2023 | As the mortgage and real estate markets continue to face challenges, nearly 800,000 low down payment home purchases in 2023 leveraged private mortgage insurance (PMI), with first-time homebuyers accounting for 64% of the total. This is acco... |
| 26.07.2024 | The Housing Market's Tightrope: Balancing Prices and Affordability | The housing market is a complex web, intricately woven with threads of supply, demand, and economic forces. As we step into the latter half of 2024, the landscape is shifting. Home prices are expected to moderate, but the path is fraught wi... |
| 26.07.2024 | Navigating Uncertainty: The Current Landscape of Commercial Real Estate Finance | The commercial real estate (CRE) finance sector is at a crossroads. Recent surveys reveal a growing sense of caution among industry leaders. The CRE Finance Council (CREFC) released its Second-Quarter 2024 Sentiment Index, showing a notable... |
| 26.07.2024 | The Future of Mortgage Verification: A New Era of Efficiency and Affordability | In the ever-evolving landscape of the mortgage industry, two players are stepping into the spotlight. Halcyon and CoreLogic have forged a strategic alliance that promises to reshape income verification solutions. This partnership is not jus... |
| 26.07.2024 | The Mortgage Maze: Navigating New Challenges in Income Verification and Insurance Premiums | The mortgage landscape is evolving. Two recent developments highlight the industry's shifting terrain: the integration of Fannie Mae's Income Calculator into Blueprint Solutions' software and the surge in home insurance premiums. Both issue... |
| 26.07.2024 | Navigating the Storm: The Current Landscape of Commercial Real Estate and Mortgage Rates | The commercial real estate (CRE) and mortgage markets are in a state of flux. As the winds of economic uncertainty blow, stakeholders are feeling the chill. Recent reports from the CRE Finance Council (CREFC) and HousingWire reveal a landsc... |
| 26.07.2024 | Home Prices on the Brink: A Shift in the Housing Market | The housing market is a delicate dance, and right now, it’s teetering on the edge. Fannie Mae’s latest insights reveal a complex landscape for home prices, driven by a surge in listings and shifting economic conditions. As we move through 2... |
| 26.07.2024 | The Future of Income Verification in the Mortgage Industry: A New Era of Efficiency and Accuracy | The mortgage industry is undergoing a transformation. Technology is reshaping how lenders verify income. Two recent collaborations illustrate this shift. Blueprint Solutions and Halcyon are leading the charge. They are integrating advanced ... |
| 26.07.2024 | Fannie Mae and Valinor Pharma: A Tale of Strategic Moves in Finance and Pharma**
** | ** In the bustling world of finance and pharmaceuticals, two recent transactions stand out like beacons in the fog. Fannie Mae, a stalwart in the housing finance sector, has priced its fourth Multifamily Connecticut Avenue Securities (MCAS)... |
| 26.07.2024 | Aven: $142 Million In Series D Raised To Offer Consumer Credit Cards Backed By Home Equity | Aven, a technology company offering consumer credit cards backed by home equity, announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors, including Caffeinat... |
| 25.07.2024 | Florida's Condo Market Faces a Perfect Storm of Challenges**
** | ** Florida's condominium market is in turmoil. Rising insurance costs and new safety regulations are creating a perfect storm. The once-booming market is now struggling. Buyers are hesitant. Sellers are feeling the pinch. The landscape has ... |
| 25.07.2024 | Navigating the Storm: Florida's Condo Market Faces Dual Challenges**
** | ** The Florida condominium market is in turbulent waters. Rising insurance costs and new safety regulations are creating a perfect storm for buyers and sellers alike. The once-thriving market is now a cautious landscape, where uncertainty r... |
| 25.07.2024 | The Real Estate Tightrope: Navigating Legal Battles and Market Challenges**
** | ** The real estate landscape is a complex web of regulations, market dynamics, and legal battles. Recently, two significant stories have emerged from the world of real estate that highlight the tension between regulations and market realiti... |
| 25.07.2024 | The Real Estate Rollercoaster: Ohio's Growth and Florida's Struggles**
** | ** The real estate landscape in the United States is a tale of two cities. In Ohio, a surge of talent is reshaping the market. Meanwhile, Florida's condo market is grappling with challenges that threaten its stability. These contrasting nar... |
| 25.07.2024 | Navigating the Shifting Sands of Florida's Condo Market**
** | ** Florida's condo market is in turmoil. Rising insurance costs and new safety regulations are creating a perfect storm. The once-booming market is now a cautious landscape. Buyers are hesitant. Sellers are anxious. The aftermath of the Sur... |
| 25.07.2024 | The Olympic Stage: Women’s Soccer in Paris 2024**
** | ** The 2024 Olympics are set to ignite in Paris, and the women’s soccer competition is a hotbed of intrigue. This tournament is more than just a series of matches; it’s a canvas painted with stories of redemption, ambition, and change. The ... |
| 25.07.2024 | Halcyon and CoreLogic Announce Strategic Alliance to Enhance Income Verification Solutions in the Mortgage Industry | RED BANK, N.J., July 25, 2024 /PRNewswire/ -- Halcyon, the innovative leader in digital IRS integrated income verification solutions, and CoreLogic®, a global property information, analytics, and data-enabled solutions provider, announced a... |
| 25.07.2024 |
Surging home insurance premiums challenge mortgage industry, regulators | Home insurance premiums have risen by as much as $865 this year for homeowners who originally purchased their policies in 2021. In response, the mortgage industry and federal regulators are aiming to determine the best courses of action to ... |
| 24.07.2024 |
State officials push back against FHFA’s title waiver pilot program | Attorneys general in 14 states have joined together to send a letter to Federal Housing Finance Agency (FHFA) director Sandra Thompson that urges the termination of the agency’s title waiver pilot program.
The letter, which was sent on Mond... |
| 24.07.2024 |
Double whammy: Florida condo market grapples with rising insurance costs, milestone inspections | While there is no doubt that the Florida housing market has slowed since the height of the post-pandemic homebuying boom, the state’s condominium market has been especially hard hit, according to local agents.
“It has definitely slowed,” sa... |
| 23.07.2024 |
Mortgage rates continue their descent | Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market.
According to data at HousingWire’s Mortgage Rates Center, the average rate for 30-year confor... |
| 23.07.2024 |
Mortgage income software vendor integrates Fannie Mae income calculator | Blueprint Solutions, a mortgage technology company that offers income verification tools for the industry, announced this week that it is implementing Fannie Mae’s Income Calculator into its two primary software offerings.
This will help th... |
| 23.07.2024 |
Fannie Mae economists expect two rate cuts in 2024, moderating home prices in 2025 | Home price growth in the second quarter was stronger than previously anticipated, but economists at Fannie Mae believe it will likely moderate soon, closing 2024 and 2025 at annualized rates of 6.1% and 3%, respectively.
Even with more list... |
| 23.07.2024 | Home Price Growth Expected to Moderate as Listings Outpace Sales | Forecast of New Home Sales Downgraded, Existing Home Sales Upgraded
WASHINGTON, July 23, 2024 /PRNewswire/ -- Home price growth in the second quarter was stronger than previously anticipated but will likely moderate soon, closing 2024 and 2... |
| 22.07.2024 | CREFC's 2Q 2024 Sentiment Index Indicates Heightened Caution Amid Continued Economic Uncertainty | NEW YORK, July 22, 2024 /PRNewswire/ -- The CRE Finance Council (CREFC), the industry association representing the nearly $6 trillion commercial and multifamily real estate finance industry, today released the results of its Second-Quarter ... |
| 22.07.2024 | Fannie Mae Prices Fourth Multifamily Connecticut Avenue Securities Deal | $250 Million Transaction Complements Fannie Mae's Multifamily Credit Insurance Risk Transfer and Delegated Underwriting and Servicing Loss-Sharing Programs
WASHINGTON, July 22, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced its fourth... |
| 21.07.2024 |
President Joe Biden ends 2024 reelection bid, endorses Harris | President Joe Biden announced Sunday that he is stepping out of the race for reelection. This follows a disastrous debate performance three weeks ago that spurred high-level calls from his own party to step aside.
In a letter posted on X on... |
| 18.07.2024 | Home Prices Advance Another 3 Percent in Second Quarter, Show Signs of Slowing | Latest FNM-HPI Reading Showed Year-over-Year Increase of 6.9 Percent in Q2 2024
WASHINGTON, July 18, 2024 /PRNewswire/ -- Single-family home prices increased 6.9 percent from Q2 2023 to Q2 2024, down from the previous quarter's upwardly rev... |
| 16.07.2024 |
Radian to lay off employees in Pennsylvania | Mortgage insurer Radian Group plans to lay off 70 employees in Pennsylvania in September, according to a Worker Adjustment and Retraining Notification (WARN) sent to the state’s Department of Labor and Industry.
The jobs cut will affect Rad... |
| 15.07.2024 |
Mark Calabria on housing and GSE conservatorship under Trump 2.0 | How would the housing market fare under a potential second Trump administration? Mark Calabria, the former Federal Housing Finance Agency (FHFA) director under Trump, has some ideas. And no surprise — he’d like to be part of that administra... |
| 12.07.2024 |
Foreclosures expected to grow slowly to end 2024: Auction.com | A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclo... |
| 11.07.2024 | No Findings Result from HUD Secretary-Initiated Complaint; Conciliation Agreement Signed | WASHINGTON, July 11, 2024 /PRNewswire/ -- The Appraisal Foundation concluded a conciliation agreement with the United States Department of Housing and Urban Development (HUD) following the completion of HUD's investigation of the Foundation... |
| 10.07.2024 | Lument Launches Conventional Multifamily Investment Sales Platform | NEW YORK, July 10, 2024 /PRNewswire/ -- Lument announced today that it has launched a market-rate multifamily investment sales platform under the leadership of John Sebree, who has joined the company as senior managing director and head of ... |
| 10.07.2024 | AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for July 2024 | BETHESDA, Md., July 10, 2024 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for July 2024. The dividend is payable on August 9... |
| 09.07.2024 | Vice Capital Markets Launches Integration with Fannie Mae Mission Score API | PRESS RELEASE: Vice Capital Markets Launches Integration with Fannie Mae Mission Score APIIntegration aligns mortgage lenders' mission-focused lending efforts with secondary market execution to maximize profitability
Source: Vice Capital Ma... |
| 08.07.2024 | The Black neighborhood home appraisal gap is real. Can we close it? | —In predominantly Latino neighborhoods, fully 15.4% of homes for sale were appraised at below the sale price, per Freddie Mac.
—The Black homeownership rate in the first quarter of 2024 was 45.7%, compared to 74% for White Americans, accord... |
| 08.07.2024 |
Restoration of historic Frank Lloyd Wright home complicated by reverse mortgage | An historic home in Chicago’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. This... |
| 08.07.2024 | AGNC Investment Corp. Announces Date for Second Quarter Earnings Release and Stockholder Call | BETHESDA, Md., July 8, 2024 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today it will report second quarter 2024 earnings after market close on July 22, 2024. AGNC will hold a... |
| 08.07.2024 | Housing Sentiment Rebounds, Returns to Likely Plateau | Consumers Slightly More Optimistic about Homebuying and Home-Selling Conditions, But Affordability Pessimism Persists
WASHINGTON, July 8, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased 3.2 ... |
| 05.07.2024 | How generative AI is changing the mortgage process | One commonly used technology in underwriting is OCR, or Optical Character Recognition. OCR allows a loan officer or underwriter to upload an image of text, printed or handwritten, and have that text transferred to a digital format.
“I’d put... |
