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The 18.5% increase in Fannie Mae's and Freddie Mac's purchase authority was the driver of a 41% decrease in higher balance originations between December and January.
July 8
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And as long as broader unemployment remains low and inflation stays high, monetary policymakers will likely keep raising short-term rates in ways that could challenge home lending.
July 8
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By leveraging establishing relationships and engaging stakeholders, mortgage companies can play a part in alleviating the home availability and affordability strain, writes the president and CEO of the Federal Home Loan Bank of San Francisco.
July 8
Federal Home Loan Bank of San Francisco -
Prices are starting to fall in one of the most expensive cities in the U.S. but they are still much higher than their pre-pandemic levels.
July 8
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Fannie Mae research shows 81% of consumers think the economy is “on the wrong track.”
July 7
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The court found the sale of a property held by a limited liability company violated bankruptcy-related restrictions because a resident with a Chapter 7 petition was involved.
July 7
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The regulator's mortgage translations website offers the Supplemental Consumer Information Form in the six most-spoken languages in the U.S.
July 7
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The appointment of eight new company leaders comes after months of bleak news including allegations of misleading investors, massive layoffs and a still-unfinished effort to go public.
July 7
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The former lender’s abrupt closure Wednesday and First Guaranty’s recent bankruptcy filing highlight difficulties in the current mortgage environment despite nonbanks being on stronger financial footing than their counterparts of 14 and 24 years ago.
July 7
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The agency issued an advisory opinion warning that credit reporting bureaus and other entities using credit checks can no longer use disclaimers to bypass privacy protections.
July 7
