The seeming disconnect between the economic tumult created by the COVID-19 pandemic and the record-high levels for the Dow Jones Industrial Average and the S&P 500 Index can be explained when held up against the performance of the mortgage market, ...
Read More »FHFA Announces Milestone Toward Ending Conservatorships
The Federal Housing Finance Agency (FHFA) released a final rule to the Federal Register for publication today that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac, also known as the Enterprises. The final rule makes changes ...
Read More »Forbearances vs. Natural Disasters: Lessons in Damage Mitigation
The forbearance rate during the early part of the COVID-19 pandemic was roughly identical to the rate recorded during the devastating 2017 hurricane season that ravaged regions throughout the Gulf Coast and Atlantic Coast, according to new research published by ...
Read More »FHA 2020 Report Shows How It Helped Struggling Homeowners
The Federal Housing Administration (FHA) released its 2020 annual report today, which covers the financial status of the Mutual Mortgage Insurance (MMI) Fund and its Single Family insurance programs. The 2020 FHA report emphasizes how the government agency helped homeowners ...
Read More »Affordable Housing Impact: Proposed Property Tax Struck Down
A referendum to change how California enacts property taxes, which some argued would address California's housing affordability issues, was defeated by the state’s voters. Proposition 15 was designed to create a split-roll property tax system in California, with commercial properties ...
Read More »FHA Proposes Private Flood Insurance for Single-Family Mortgages
The Federal Housing Administration (FHA) today published a proposed rule on its website that would allow a private flood insurance option instead of insurance through the National Flood Insurance Program (NFIP), when flood insurance is required by FHA. In September, the ...
Read More »FHA’s Response to a National Health Crisis
FHA’s Dror Oppenheimer addressed industry professionals at a recent event, where he discussed how and why the agency implemented a new array of technological tools at just the right time.
Read More »Here’s How President-Elect Biden Could Reshape the Housing Market
Major news outlets announced on Saturday that former Vice President Joe Biden is the president-elect. A Biden administration may bring major policy changes with it. According to an analysis from realtor.com, Joe Biden would be entering the presidency during a ...
Read More »MBS Remain ‘Strong Source of Capital for America’s Homeowners’
"This is a year that continues to set records," according to a Ginnie Mae executive.
Read More »U.S. Workforce Slowly Recovering with More Jobs
There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. ...
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