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Despite the increase, adjustments to single-family loan terms aimed at making payments more affordable remain historically low at the government-sponsored enterprises. But they could grow in line with forbearance expirations soon.
September 24 -
The move marks one of the first actions the two government-sponsored enterprises and the Federal Housing Finance Agency have taken to make a pandemic-related loss mitigation option open-ended.
September 24 -
The filing by Tamara Richards also accused the founder and other execs of encouraging a "frat house" environment that mistreated women.
September 24 -
Thirteen companies, led by FinVC, participated in the Series C round for the financial documentation software provider.
September 24 -
While nearly 1.6 million forborne borrowers remain, about 460,000 are up for review at the end of September.
September 24 -
Sales of new U.S. homes rose in August by more than forecast, reaching a four-month high and suggesting demand is stabilizing as builders make gradual headway on backlogs.
September 24 -
Sales of existing single-family homes in Maine were down almost 5 percent in August compared to the previous year, a sign that the hot real estate market may be leveling off, according to a state real estate group.
September 24 -
The need to size up the impact of hurricanes and pollution is increasing and current measures aren’t as precise as credit or rate models, according to the Research Institute for Housing America.
September 23 -
Saule Omarova supports allowing the Federal Reserve to hold customer deposits and is skeptical of big-bank M&A. While those views are unpopular in the industry, banking critics hailed the choice to lead the Office of the Comptroller of the Currency.
September 23 -
However, the pullback in mortgage-backed securities purchases will be one of the factors in rates rising in the medium term.
September 23











