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Daily Dose

FHFA Bumps Up 2024 Conforming Loan Limits

The FHFA has announced the conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2024, in adherence to the Housing and Economic Recovery Act, which requires periodic adjustments to reflect changes in average U.S. home prices.

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Cenlar Appoints Two New Execs

The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.

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Clearing the Path to Affordable Housing

An upcoming installment of the Five Star Webinar Series, in partnership with Xome, will examine the options available to homebuyers seeking affordable housing options and highlight solutions designed to expand homeownership opportunities.

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Inventory Inches Up as New Listings Soften

"October had some encouraging signs—especially compared to a year ago," said Nick Bailey, President and CEO of RE/MAX. "Given the interest rate environment, it was good to see the trend of monthly inventory gains continuing, and prices appear to be stabilizing for the moment.”

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