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 »Home Values Hit All-Time Highs in Q3
Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.
Read More »Fay Financial Adds Cari Gordon as Chief Audit Officer
With nearly 30 years in the industry, including time spent at both Fannie Mae and Freddie Mac, Cari Gordon joins Fay Financial to oversee the company’s integrated, risk-based audit plan.
Read More »Biden Administration Invests in Climate Resilience Upgrades for Low-Income Households
HUD Secretary Marcia L. Fudge said, “The Green and Resilient Retrofit Program continues to improve our nation’s climate resilience by making sure low-income families and individuals have access to affordable housing that is strong, healthy, and energy efficient.” Click through to learn more.
Read More »REO Agents to Share Some Scares
An upcoming webinar presented by Five Star’s FORCE group will explore a number of horror stories told by experienced REO agents, and the lessons learned from these perilous tales.
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 »Rent-Burdened Households Reach Their Highest Level in More Than a Decade
The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened in America in 2022 per U.S. Census data.
Read More »Florida Court Hears Foreclosure Case Despite a Notice of Removal to Federal Court
Attorney Kathleen Achille examines a recent Florida Circuit Court case where the lender was allowed to proceed with its foreclosure case in a state trial court, even with the borrowers’ notice of removal to federal court.
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.
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