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Four tranches of AAA-rated notes in the $342.2 million JPMorgan Mortgage Trust 2020-8 may utilize a term-SOFR rate should the benchmark improve on the weighted-average coupon of the deal.

The upcoming shift may help to prepare the government-sponsored enterprise for a conservatorship exit by reducing interest-rate volatility in Fannie’s earnings.

The government-sponsored enterprise also saw a 22% increase in net worth from the second quarter.

The proposed regulation would codify a 2018 pronouncement by regulators that guidance does not carry the force of law.

A gauge of pending home sales unexpectedly declined in September for the first time in five months, a sign elevated asking prices and lean supply are tempering the boom in housing despite the record-low interest rates.

The Assistant Secretary for Housing and Federal Housing Commissioner at the Department of Housing and Urban Development says HUD is removing regulatory barriers to the proliferation of manufactured housing.

Mortgage rates remained relatively flat this week, helping housing to stay as one of the bright spots in the U.S. economy during the current uncertainty, according to Freddie Mac.

Researchers are increasingly focused on the risks related to owner-occupied loans with low balances and low-income properties with a limited number of renters.

The scheme targeted distressed homeowners in the Filipino community, most of whom were nonnative English speakers, forcing some of them into bankruptcy and homelessness, according to law enforcement officials.

The company said it is "engaging with third parties" that are reportedly willing to pay at least $14 per share more than Senator Investment and Cannae Holdings.