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Biden Nominates Acting Director Thompson to Head FHFA

President Joseph R. Biden has nominated Sandra L. Thompson to the serve as the Director of the Federal Housing Finance Agency (FHFA). Thompson has been serving as the Acting Director since June 2021.  “Thompson has over four decades of government experience in financial regulation, risk management, and consumer protection,” said ...

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The Typical Home Sold For $400K This Year

The housing market in 2021 was nothing short of remarkable as it seemingly could not be stopped from rising; even the low points of the year were record breaking. As the economy restarted and began to shake off the pandemic cobwebs, people's habits began to change. Due to ...

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Active Forbearance Numbers Continue to Fall

Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans.  According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...

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Cloud-Based Solutions Lead the Way

Jennifer Henry of Equifax explains how cloud computing allows the mortgage ecosystem to exist in a more holistic and less segmented environment, providing a seamless digital experience.

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