Fannie Mae has appointed Jeffery Hayward to the newly created position of EVP and Chief Administrative Officer and Michele Evans as EVP and Head of Multifamily, effective immediately. Hayward, previously Head of Fannie Mae’s Multifamily business, will lead Fannie Mae’s ...

A new report indicated that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7% of those vacant properties in the process of foreclosure, otherwise known as “zombie foreclosures.”  That is according ...

BSI Financial Services, a mortgage-centric financial services company, today announced it has promoted Larry Goldstone to President of Capital Markets and Lending and John Lawrence to President of Servicing and Lender Services. A 20-year veteran of the mortgage industry, Lawrence ...

On Wednesday, September 2, the U. S. Bureau of Labor Statistics will release its monthly update on Unemployment in States and Local Areas. The report will include monthly and annual-average estimates of civilian labor force, employed people, unemployed people, and ...

An industry expert discusses the challenges facing SFR investors, as well as how the industry is innovating during the pandemic

According to a new analysis, the most intense storm to hit the northwestern Gulf Coast since 1856 “brings threat of further economic uncertainty to the region.”

GSE Fannie Mae recently reminded those impacted by Hurricane Laura and the California wildfires that mortgage assistance and disaster relief options are available. Under Fannie Mae's guidelines for single-family mortgages impacted by a natural disaster, homeowners may request mortgage assistance ...

FHFA Director Mark Calabria said the changes would help "keep borrowers in their homes during the pandemic" and protect "more than 28 million homeowners with an Enterprise-backed mortgage."

Now at all-time low, an increase in foreclosure rates may be "inevitable" once state-level moratoria have expired. Here’s the latest.

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will extend buying qualified loans in forbearance as well as several loan origination flexibilities. To support homeowners and mortgage lenders, the agency approved a continued extension ...