FHFA is soliciting comments from market participants and stakeholders on the transition to updated credit scoring models and credit reporting requirements for loans acquired by the GSEs.
Read More »HUD Awards Nearly $160M to Combat Housing-Related Hazards
HUD takes additional action to evaluate and reduce residential health hazards in public housing by eliminating lead-based paints, mold, and asbestos, among other threats.
Read More »Digitalization Can Help, But Also Hurt, Affordability Concerns
A new blog post by David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, explores the concept of digitalization and how it has changed the face of producing, financing, reviewing, and regulating the current housing market.
Read More »New Builds Offer Renters More Options Amid Competitive Market
Midwest markets were a hot spot for renters seeking more affordability during peak rental season, dominating the top half of the nation's 20 most competitive rental markets. Renters now have more options to choose from, as the national supply of apartments experienced a slight increase compared to the same time last year, according to a new RentCafe study.
Read More »Ginnie Mae’s MBS Portfolio Nears $2.5T in August
According to Ginnie Mae, August 2023’s new mortgage-backed securities issuance has supported the financing of more than 123,000 households, including 59,000 of that number comprised of first-time buyers.
Read More »Millennials and Gen Zers in Rough Spot When It Comes to Housing Sentiment
A growing number of millennials do not believe they will ever afford to own a home as they try to battle a confluence of adverse market conditions.
Read More »Number of Underwater Properties Decreased in Q2
In CoreLogic's Homeowner Equity Insights report, in the second quarter of 2023, the total number of mortgaged residential properties with negative equity decreased by 6% from the first quarter of 2023, representing 1.1 million homes, or 2% of all mortgaged properties.
Read More »The Week Ahead: Exploring Options to Boost U.S. Housing Supply
The Senate Banking Committee will host a panel of experts who will share ideas on how to bolster the nation’s housing inventory, as buyers seek more options in an increasingly shrinking marketplace.
Read More »Examining QC Trends in the Mortgage Servicing Space
In an analysis of the top quality control issues found in the mortgage servicing marketplace, missing bankruptcy notices and proof of claims documentation topped the list, with a wave of delinquencies and borrowers seeking bankruptcy court protection creating new levels of demand.
Read More »Freddie Mac CEO DeVito Announces Retirement
Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.
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