After peaking at 4.3 million at the height of the pandemic in June 2020, nearly two years later, an estimated 525,000 U.S. homeowners remained in forbearance plans in March.
Read More »FHA Finalizes Details on 40-Year Mortgage Mod
Geared toward borrowers struggling due to the pandemic, FHA details the latest loss mitigation option to help homeowners remain in their homes.
Read More »Laura Cappiello Joins Pretium as Chief Human Resources Officer
Twenty-year HR vet joins Pretium, replacing the retiring Donna Winston, to lead human resources and talent acquisition efforts.
Read More »Preserving the Property Preservation Space
Kerry Medel of Brookstone Management discusses the impact of the pandemic on field servicing, and how the industry not only kept people in their homes but also put more people in homes.
Read More »Freddie Mac Recognizes 2021’s Home Possible RISE Award Winners
GSE honors national and local lenders committed to the Home Possible affordable lending solution for very low- to low-income homebuyers, making homeownership a reality.
Read More »HUD Provides Framework to Advance Housing Equity Nationwide
The Department’s new Equity Action Plan outlines its commitment to bringing equity to the forefront within the Biden Administration by reducing the racial homeownership gap.
Read More »Ginnie Mae MBS Issuance Drops to $51.18B in March
More than 189,000 homes and apartment units nationwide were financed by Ginnie Mae to close out Q1 of 2022.
Read More »Interest Wanes in Second Homes and Investment Properties
Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.
Read More »Mortgage Connect Finalizes Acquisition of ADFITECH
All-cash merger agreement will offer customers life-of-loan services, enhanced service levels, and tech solutions at every touch point of the mortgage process.
Read More »Fannie Mae CEO Frater to Retire, Board Chair Bair Resigns
Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and will be replaced by ex-Wells Fargo head Michael Heid.
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