CRT, or the Credit Risk Transfer program, was launched by Fannie Mae 10 years ago. A new Fannie Mae blog examines how the program has performed since its inception.
Read More »Housing Dynamics Closely Mirror Those of the Early 1980s
The current housing market is similar to the market of the 1980s. History doesn’t repeat itself, but it often rhymes, says First American Chief Economist Mark Fleming.
Read More »CPFB Offers Guidance on Illegal Junk Fees
Customers will be delighted to know that the CFPB has their back and is helping large banks stop charging junk fees for basic customer service.
Read More »Average Home Price Now Demands Above-Average Salary
It’s no secret that would-be homeowners have been struggling against headwinds of home prices and inflation, but just how much does a typical person need to make to afford a home right now? A new report shines a spotlight on the modern homebuyer’s struggle.
Read More »FHFA Expands ‘Rep and Warrant’ Relief Following Pandemic Forbearances
"Forbearance was an invaluable tool for borrowers experiencing financial hardship due to the COVID-19 pandemic," said FHFA Director Sandra L. Thompson. Here’s what the announced change means for the industry.
Read More »HUD Launches Latino Task Force
In line with Hispanic Heritage Month, the Department of Housing and Urban Development has launched a new task force dedicated to empowering the Hispanic community and bridging disparities in housing, procurement, and housing practices.
Read More »MBA Ups Origination Volume Forecast for 2024
Looking into 2024, the Mortgage Bankers Association (MBA) has announced that it now predicts origination volume to total $1.95 trillion next year.
Read More »Targeting New Outlets for Down Payment Assistance?
With the ever-rising cost of homeownership, down payments requirements have also grown in step. Click through to find out where the next generation of buyers are finding the funds to secure a home.
Read More »Remote Homebuying in a Remote Work World
Today, many Americans can live just about anywhere while working from home. Remote workers looking to move far away from their current residence might not have the time, resources, or motivation to make multiple trips between their current and future cities, but virtual tours combined with other data brings far-flung homes to buyers’ front steps.
Read More »GSEs Sell Off $30B of Non-Performing Loans
Between the non-performing loan sales program’s inception in 2014 and the end of 2022, the GSEs have sold off a collective $30 billion in loans to the private sector.
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