Economists say educating struggling borrowers about private-sector and government assistance could be the key to returning to pre-pandemic late-pay rates.
Read More »Biden Nominates Alanna McCargo for Ginnie Mae President
President Biden has nominated Alanna McCargo, Senior Advisor for Housing Finance in the U.S. Department of Housing and Urban Development (HUD), to be President of Ginnie Mae. It has been about four years since Ginnie Mae—which serves as the principal financing ...
Read More »Title Insurance Premiums Reach Historic Volume
The strong purchase market, continued home appreciation, and other factors helped drive a 56% increase, according to the American Land Title Association CEO.
Read More »Housing Report: Competition Cools, Demand Still Strong
Sellers are listing more homes, but buyers are still snatching them up at a feverish pace. Economists predict the market will remain healthy heading into fall.
Read More »How the Moratorium’s End is Affecting Foreclosure Activity
Housing professionals have long been anticipating the response to the July 31 expiration of the federal moratorium on foreclosures. With August numbers coming in, analysts say there has indeed been a rise in foreclosure activity, but they do not expect ...
Read More »Flood Loss in Northeast Tops $16 Billion
Hurricane Ida triggered record rainfall in New York and nearby regions. Due to past disasters, experts say the city was better prepared to withstand severe weather.
Read More »Mortgage Lending Sentiment Mixed
While increased competition has created some pessimism, survey respondents with a more bullish outlook cited GSE policies and strong consumer demand.
Read More »Soaring Equity Levels Could Drive Economic Recovery
Analysts expect this unprecedented growth to reduce foreclosures and incentivize mortgagers to resume payments as 400k forbearance plans end this month.
Read More »Mortgage Finance Leaders Leveling the Field
With the nation growing more diverse by the year, how can the housing industry adapt to meet borrower needs?
Read More »GSEs to Submit Equitable Housing Finance Plans
FHFA announces new requirements from Fannie Mae and Freddie Mac, as part of an interagency effort to advance fairness in mortgage lending.
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