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Ryan Donovan, the Council of Federal Home Loan Banks' CEO, foresees affordable housing mandates becoming more focused on home supply than demand.
February 27 -
Pending sales of existing US homes slumped to a record low in January as severe winter weather slowed activity and consumers balked at high prices and mortgage rates ahead of the vital spring selling season.
February 27 -
The grandson of the PulteGroup founder did not elaborate on plans for a much-anticipated government-sponsored enterprise exit from conservatorship.
February 27 -
January's median payment also grew at its fastest pace since October as volatile interest rates hit homebuyers' wallets, the Mortgage Bankers Association said.
February 27 -
The rapid rise in the cost of both insurance coverage and taxes leaves close to half of homeowners worried about their ability to make payments.
February 27 -
The 30-year conforming fixed-rate mortgage is at its lowest point since the end of December, as Treasury yields are 29 basis points lower since Feb. 19.
February 27 -
The top five lenders have an average retail mortgage origination volume of more than $6 billion, as of the end of the fourth quarter of 2024.
February 27 -
Some precedents from Trump's first term do point to a scenario where depositories could re-enter the government mortgage market, according to one expert.
February 26 -
The Affirmatively Furthering Fair Housing rule, first introduced during the Obama administration and brought back by Biden, was unworkable, opponents said.
February 26 -
The company missed analysts' quarterly forecasts on operating earnings per share due to higher mortgage servicing rights amortization and operating expenses.
February 26