Daily Dose

Freddie Mac's Single-Family business announced Wednesday that its Credit Risk Transfer (CRT) program transferred credit risk via $6.4 billion of issuance on $167.3 billion of single-family mortgages from U.S. taxpayers to the private sector in the third quarter of 2020. ...

After inching up last week, forbearances fell by 137,000 since last Tuesday, due to October's forbearance expiration activity. The experts at Black Knight say this was "roughly what was expected for the first week of the month, though there is ...

There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. ...

The global health crisis is harming many Americans' financial histories, which, in the long run, could prevent large numbers of families from securing lending for a home. While federal proposals and programs have sought to safeguard consumers' FICO credit scores, ...

  Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution appointing her Chair on October 28, and Bair will be starting ...

About 30-40 million American homeowners and renters face foreclosure or bankruptcy and loss of housing when protective moratoria expire December 31, studies show. The global nonprofit Habitat for Humanity is demanding that Congress return to Washington, D.C., as soon as ...

The uncertainty of the presidential election—however long that lasts—is bound to incite interest rate volatility, something that presents a peril to the mortgage-backed securities (MBS) market, according to Christopher Maloney, a market strategist and former portfolio manager who writes for ...

Of the 58.9 million mortgaged homes in the United States, 16.7 million considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was less than 50% of their estimated market value, according to ATTOM Data Solutions' ...

The National Association of Home Builders (NAHB) is spearheading a legal challenge that questions the authority of the U.S. Centers for Disease Control and Prevention (CDC) to enact a moratorium on evictions.  The NAHB is teaming with the Pacific Legal Foundation, Skyworks Ltd., Cedarwood Village ...

While the results of last night’s presidential election remain too close to call, a leading political science academic is warning that the January 2021 occupant of the White House will be forced to deal with the greatest foreclosure and eviction ...