Fannie Mae’s Economic and Strategic Research Group predicts a gradual return to a more “normal” housing balance in 2024.
Read More »Former Cenlar EVP Joins Ranieri Solutions as CEO
Rob Lux is named CEO of Ranieri Solutions, where he will work to expand the company’s servicing technology and cloud-native servicing platform.
Read More »Freddie Mac Names New Director
The GSE adds Roy Swan, current Director of Mission Investments at the Ford Foundation, to its Board, bringing 30-plus years of experience in law, banking, corporate finance, public policy, and investment management to the role.
Read More »Op-Ed: The Next Default Spike Will Be Different
Michael Krein, President of the National REO Brokers Association, explains how things have changed dramatically in the way the default and foreclosure world operates.
Read More »Expert Insights: Maximizing Loss Mitigation Options
Donna Schmidt, Managing Director and Founder of DLS Servicing, discusses the intricacies and difficulties in administering the loss mitigation waterfall.
Read More »HUD Secretary Testifies Before House Committee
Marcia L. Fudge took center stage before the House Financial Services Committee recently to highlight HUD’s work to boost the nation’s housing supply and expand access to affordable housing.
Read More »Gen Z Homeownership Rates Stagnate; Other Cohorts Post Gains
In 2023, Redfin found that Gen Zers were tracking ahead of where their parents were at the same age, but their homeownership rates still trailed behind compared to those of previous generations.
Read More »Senate Banking Committee Members Address Navy Federal Over Racial Lending Disparities
A group of 10 U.S. Senators have issued a letter to the heads of HUD and the CFPB calling for an examination of Navy Federal Credit Union’s practices after a report claimed the institution was more than twice as likely to deny loans for Black applicants as white applicants.
Read More »Commercial Property Delinquencies Jumped in Q4
According to the MBA, continued challenges in the commercial real estate sector have pushed the delinquency rate on CRE-backed loans higher in the final quarter of 2023.
Read More »Ginnie Mae Planning New Reverse MBS
Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.
Read More »