The number of U.S. loans in forbearance fell once again, with as an estimated 590,000 homeowners remaining in forbearance plans nationwide.
Read More »Ginnie Mae Announces Two New Executive Appointments
With decades of shared experience in housing finance, policy, and financial services, Sam Valverde and Felecia Rotellini join Ginnie Mae as EVP and Senior Advisor & Chief of Staff to the President, respectively.
Read More »Median Sale Price in February Hits $357,300
Continuing a pattern of recent rises and declines over the last few months, existing home sales dropped in February 2022 according to the Existing Home Sales Report from the National Association of Realtors (NAR). The NAR recorded a seasonally adjusted ...
Read More »AAG Names New Chief Administrative Officer
American Advisors Group (AAG), a company that creates home equity solutions for seniors, announced Scott Slifer as their new Chief Administrative Officer. Part of AAG's 2022 growth and expansion plan, the move is the latest in a series of high-profile leadership acquisitions. As Chief ...
Read More »The Week Ahead: Five Star Webinars Address Return of Foreclosures
Two upcoming webinars presented by the Five Star Institute will examine the state of the foreclosure and REO landscape as business begins to accelerate.
Read More »Bipartisan Measure Introduced to Bring Transparency to Flood Insurance Pricing
Sens. Cassidy and Gillibrand introduce the Flood Insurance Pricing Transparency Act that will require FEMA to publish the formulas used to calculate mitigation credits for policyholders under Risk Rating 2.0.
Read More »Lenders Ease First-Time Buyer Jitters
According to a new survey from TD Bank, America's Most Convenient Bank, first-time homebuyers are feeling anxious and unprepared in this highly competitive housing market. TD's First-Time Homebuyer Pulse found that despite a desire to purchase, nearly 29% of consumers ...
Read More »Home Construction Still Affected by Supply Chain Issues
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
Read More »OCC and FinCEN Levy $140M Fine, Cease and Desist Order Against USAA
Joint actions were taken today by the OCC and FinCEN against USAA, citing violations of the Bank Secrecy Act and failure to establish an effective Anti Money Laundering program.
Read More »Senate Banking Committee Approves Nomination of Thompson as FHFA Director
A special Executive Session of the Senate Banking Committee voted on advancing Sandra Thompson as Director of the FHFA, among other key nominations.
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