On average, it may take U.S. homeowners 30 years to pay off their mortgage. Click through to find the nation’s cities with the most unpaid mortgages and cities that have the most paid-off homes.

Delivering solid third quarter earnings while supporting the U.S. housing finance system, Freddie Mac reported net revenues at $5.7 billion, up 10% year-over-year, driven by higher net interest income and non-interest income.

Quarter-over-quarter, the GSE reported that net income decreased $295 million in Q3 of 2023 over Q2, as Fannie Mae assisted with the purchase, refinance, or rental of 428,000 households in the third quarter. Read the full financials in our story after the link.

A new report takes a deeper look at HUD’s Rapid Unsheltered Survivor Housing (RUSH) Program. Click through to read about suggested improvements that should be made before future implementation of the program.

After joining the nationwide mortgage subservicer earlier this year as CFO, former head of CitiMortgage and WaMu Home Loans David Schneider has been named new company President.

An upcoming Senate Banking Committee hearing will focus on protecting our nation’s veteran population, with a discussion on VA housing assistance programs.

The MBA reports that volatile interest rates and stresses on some property markets have increased delinquency rates backed by commercial real estate properties in Q2, trending upward alongside the national residential mortgage delinquency rate.

Through enforcement efforts to address redlining nationwide, the U.S. Justice Department reports it has collected millions in relief for communities of color nationwide that may have experienced discrimination during their homebuying process.

Building on feedback from stakeholders and research, three federal agencies have issued updates to the 50-plus-year-old Community Reinvestment Act to strengthen and modernize its regulations to better achieve the purposes of the law.

The OCC, FDIC, and Federal Reserve have outlined a framework for the safe and sound management of exposure to climate-related financial risks for large financial institutions. Here’s what that means for the industry.