Fannie Mae has named 24 new members to its 44-member National Advisory Council.The National Advisory Council includes mortgage bankers, commercial bankers, investment banking executives, real estate agents, homebuilders, government and community leaders, housing authority officials, and representatives of consumer groups. It meets three times a year with Fannie Mae's senior management to discuss "the challenges and opportunities" facing the government-sponsored enterprise and the housing finance system, the GSE said. The chairman of the council this year is James R. "Bobby" Rayburn, president of Rayburn and Associates LLC, Madison, Miss. Fannie Mae can be found online at http://www.fanniemae.com.
-
Higher costs than expected, not just for the mortgage but for repairs and more, have recent buyers' regretting their purchase, Clever RE and Redfin found in separate reports.
1h ago -
New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.
2h ago -
Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
3h ago -
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28