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Fannie Mae is extending its property inspection waivers to certain purchase mortgages with large down payments.
August 24 -
The gulf between those at the upper ends of the wealth ladder and lower-income Americans has worsened markedly since the financial crisis, despite the trillions of subsidies that taxpayers provide for housing.
August 21 -
Freddie Mac has gotten the green light for its appraisal alternative for purchase loans, and has released information about how similar automated collateral evaluations for refinances have performed.
August 18 -
The Home Affordable Refinance Program will now expire on Dec. 31, 2018, the FHFA said.
August 17 -
Mortgage rates continued to move lower as a result of economic uncertainty, according to Freddie Mac.
August 17 -
Affordability issues along with a lack of knowledge about home buying are holding millennials back from pursuing homeownership, according to a survey from loanDepot.
August 16 -
Critics of recent False Claims Act enforcement argue the Justice Department is too heavy-handed toward lenders and servicers. But in an industry reputed for shoddy processes during the crisis, perhaps stringent oversight is warranted.
August 11National Mortgage News -
For all the talk that Janet Yellen’s plan to shrink the Federal Reserve’s balance sheet will hurt Treasuries, U.S. mortgage bonds face a bigger test.
August 11 -
Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.
August 10 -
Mortgage rates dropped to their lowest point in six weeks as bond investors were concerned about inflation and the U.S. economy, according to Freddie Mac.
August 10