An upcoming FORCE webinar will forecast the upcoming year for the REO marketplace, with particular attention to new laws that will take effect and their impact on your business.
Read More »Dropping Rates Should Boost Home Sales in 2024
Fannie Mae’s Economic and Strategic Research Group predicts a gradual return to a more “normal” housing balance in 2024.
Read More »Freddie Mac Names New Director
The GSE adds Roy Swan, current Director of Mission Investments at the Ford Foundation, to its Board, bringing 30-plus years of experience in law, banking, corporate finance, public policy, and investment management to the role.
Read More »HUD Honors Wisconsin’s Healthy Housing Initiatives Portfolio
A Wisconsin housing program has been recognized for its efforts in reducing lead paint hazards and enhancing asthma education while ensuring a healthier living space for children.
Read More »HUD Secretary Testifies Before House Committee
Marcia L. Fudge took center stage before the House Financial Services Committee recently to highlight HUD’s work to boost the nation’s housing supply and expand access to affordable housing.
Read More »Senate Banking Committee Members Address Navy Federal Over Racial Lending Disparities
A group of 10 U.S. Senators have issued a letter to the heads of HUD and the CFPB calling for an examination of Navy Federal Credit Union’s practices after a report claimed the institution was more than twice as likely to deny loans for Black applicants as white applicants.
Read More »Ginnie Mae Planning New Reverse MBS
Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.
Read More »FHFA: Appraisers Underutilizing Appraisal Time Adjustments
According to the Federal Housing Finance Agency, a new report revealed that appraisers underutilize time adjustments for local house price growth, but what does this mean for the industry?
Read More »HUD Announces $40M+ in Funding for Housing Counseling Agencies
The U.S. Department of Housing and Urban Development’s Office of Housing Counseling revealed that the millions in available grants will help expand housing counseling services and provide comprehensive financial literacy, homeownership, and affordable housing support to underserved communities.
Read More »Ginnie Mae’s MBS Portfolio Surpasses $2.5T
December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.
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