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FHFA Announces Three Staffing Updates

Effective November 1, the Federal Housing Finance Agency (FHFA) has announced the appointment of three people to permanent executive positions within the agency.  Firstly, Acting COO Katrina Jones was named the permanent COO of the agency.  Jones, who has been the acting COO since August, brings 35 ...

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GSEs Report Strong Q3 Results

Fannie Mae reported gains in net revenues in the third quarter of 2021, and Freddie Mac experienced a 4% rise, spurred by mortgage portfolio growth and higher average G-fees.

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Zombie Foreclosures Decline in Q4

A new study has found that one in 75 homes nationwide were considered zombie properties in the fourth quarter of 2021, with counts likely to rise as national foreclosure moratoria end.

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Flagstar Bank Names New EVP, Servicing Head

James Campbell comes to the company from Caliber Home Loans, where he has a track record of working with origination partners in all four lending channels—retail, wholesale, correspondent, and direct-to-consumer.

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New Home Buyers Can Expect to Pay a Premium

New research by Knock, a digital homeownership platform, confirmed something that many homebuyers have already discovered: they are being priced-out of the new home market.  While the uptick in new construction has been viewed as a positive sign for buyers, soaring prices and low ...

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