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Freddie Mac's latest survey, conducted in June, found that overall, about 55 percent of renters in both single- and multifamily properties intend to continue renting in the next three years. When dividing up the two categories, however, the data indicated that 53 percent of renters in SFR properties intend to buy a house in the next three years compared to just 36 percent of multifamily renters who plan to buy in that period.

The recipients of the two Ernst Scholarship Awards this year are Gayle VanHooser, register of deeds for Grundy County, Tennessee, and Melissa Dunlap, chief of state to the South Carolina Secretary of State. Recipients receive with the award a one-year PRIA membership with conference registration and travel to one PRIA conference during that year.

For many, the Dow Jones' steep decline on Monday removed any doubt as to whether the Federal Reserve will raise interest rates, which have been at or near zero for seven years. Prior to Monday, many pundits predicted that the country's economy had experienced the growth needed for the Fed to raise the rates; now, they're not so sure.

FHFA said that going forward it will set specific goals in the annual conservatorship scorecard and work closely with staff members at Fannie Mae and Freddie Mac to help the GSEs develop and evaluate their credit risk transfer structures. FHFA is encouraging the GSEs to continue engaging in large volumes of meaningful credit risk transfer.

Aspen Grove Solutions, a Maryland-based provider of property-centric technology solutions to the financial and mortgage services industry, has announced the addition of Atlanta-based nationwide property preservation and inspection company MB Field Services to their list of clients.

The delinquency rate (percentage of properties 30 days or more overdue but not in foreclosure) dropped by 16 percent year-over-year down to 4.71 percent, nearly reaching its lowest point since the crisis. That share of 4.71 delinquent properties represents about 2.39 million loans nationwide. The number of properties in foreclosure pre-sale inventory dropped by 24 percent year-over-year in July down to 711,000.

Fannie Mae announced the winning bidder for its second-ever sale of deeply delinquent non-performing loans (NPLs) on Thursday, which included approximately 3,900 loans.

Waters made the request after reports surfaced earlier in March that one of the borrowers named in the settlement, Citigroup, had missed paying some 24,000 borrowers who were owed money.

The proposed housing goals rule for the GSEs was first issued in August 2014. More than 144 comments were made on the proposed rule, all of which were considered by the FHFA in the development of the final rule. According to the FHFA, the final rule sets identical benchmarks in all categories for both Fannie Mae and Freddie Mac.

In his new role, Ales will have hands-on involvement in the development, implementation, and maintenance of DocMagic’s compliance products and services.