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The Federal Housing Administration, the agency that oversees government-sponsored enterprises Fannie Mae and Freddie Mac, and the VA extended additional relief to those living in single-family rental, real-estate owned properties.
July 30 -
A renter making minimum wage would have to work 77 hours a week — nearly two full-time jobs — to afford a two-bedroom apartment in Michigan.
July 30 -
The pandemic made it harder for many Americans to qualify for mortgages. But it hit middle-to low-income minority borrowers harder than most.
July 30 -
The REIT also reveals plans to expand in the single-family rental market with a new brand and target of $5 billion in acquisitions over five years.
July 29 -
The company’s results included some transitory revenue sources, including early buyouts of loans in forbearance from securitized pools, but executives plan to maintain growth over time through economies of scale.
July 29 -
New customer growth and increased adoption of a digital workflow by mortgage lenders resulted in better than expected results for the Intercontinental Exchange unit.
July 29 -
Borrowers reacted positively to the increased interaction and engagement resulting forbearances and payoff requests, J.D. Power found.
July 29 -
The government-sponsored enterprise's single-family credit reserve release caused earnings to spike.
July 29 -
A hike in guarantee fees charged to lenders for the companies’ backing of loans was due to expire this year, but lawmakers now want to extend it to raise $21 billion for the bipartisan package.
July 29 -
The National Association of Realtors’ index of pending home sales declined 1.9% from May, according to data released Thursday.
July 29 -
The tool is designed to help lenders adjust their underwriting to address the growing faction of non-W2 employees, which is expected to make up half of the workforce by 2027.
July 29 -
Federal Reserve officials are moving closer to when they can start reducing massive support for the U.S. economy.
July 29 -
A change in the relationship between fixed and adjustable loans has increased some consumers’ interest in the latter market.
July 28 -
Two large government-sponsored enterprises added a notification period for tenants in collateral properties on Wednesday while a trade group and public agencies stepped up efforts to connect renters with aid.
July 28 -
The bank produced $1 billion less in originations while its gain on sale fell 49 basis points from the first quarter.
July 28 -
Such applications have declined on an annual basis for the past three months, but overall weekly numbers increased due to a jump in refinances amid plummeting rates.
July 28 -
In the midst of ongoing discussions on how to better leverage analytics and digitize the home inspection process, there are some clear actions that we can take to reduce bias in the mortgage industry, writes the executive vice president of corporate strategy at Clear Capital.
July 28Clear Capital -
The National Apartment Association claims that by the end of last year, more than 10 million delinquent tenants owed $57 billion in unpaid rent.
July 28 -
The MISMO protocols are aimed at ensuring nothing is lost in translation when information about billing, late payments and related processing moves to a new system.
July 28 -
States have the option of adopting the oversight framework issued by the Conference of State Bank Supervisors, which resembles capital and liquidity plan proposed by the Federal Housing Finance Agency.
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