The FHFA has announced the conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2024, in adherence to the Housing and Economic Recovery Act, which requires periodic adjustments to reflect changes in average U.S. home prices.
Read More »Cenlar Appoints Two New Execs
The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.
Read More »Survey Finds American Dream Still Alive Despite Inflation, Mortgage Rates
A new survey from Falls & Co. finds that Americans still have not soured on the idea of owning a home despite challenging current market conditions.
Read More »Clearing the Path to Affordable Housing
An upcoming installment of the Five Star Webinar Series, in partnership with Xome, will examine the options available to homebuyers seeking affordable housing options and highlight solutions designed to expand homeownership opportunities.
Read More »Mortgage Balances, Delinquencies Up in Q3
Home equity could be ‘viable solution to ease debt pressures,’ experts say as mortgage balances nationwide grew in the third quarter according to TransUnion.
Read More »Fannie Mae Forecast: Economy Will Pick Up in 2025
Home sales are likely to weaken in the near term and will likely bottom out sometime early next year, according to new commentary from Fannie Mae’s Economic and Strategic Research Group.
Read More »FHFA Announces Final Rule Modifying Regulatory Capital Framework for the GSEs
The amendments in the final rule will bolster the ERCF to ensure that each GSE operates in a sound manner and is well-positioned to fulfill its mission to provide stability and assistance to the secondary mortgage market.
Read More »Spotlight Interview: Michael Greenbaum Chair of Property Preservation Executive Forum
Get to know the new head of the PPEF, a group that brings together leadership from the nation’s largest property preservation companies to promote best practices in the field services industry and develop solutions for the challenges that face it.
Read More »HUD Exec Honored With Presidential Rank Award
Jean Lin Pao, HUD’s Director for the Office of Small and Disadvantaged Business Utilization, has been recognized for her contributions to HUD’s procurement equity efforts and work as a public servant.
Read More »Persistent Lack of Inventory Limiting Market Potential
One of the key datapoints of the newest housing snapshot from the National Association of Realtors is that existing home sales in October fell to a seasonally adjusted annual rate of 3.7 million units. Click through for more from this report.
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