A proposed rule seeks to expand Tribal participation in HUD-approved housing counseling by removing impediments to counselor certification.
Read More »FHA to Expand and Extend COVID-19 Mitigation Programs
Mortgage servicers can begin offering post-pandemic loss mitigation immediately, regardless of the cause of a borrower's delinquency.
Read More »Cenlar Appoints James Daras CEO and President
With more than 40 years of experience in risk management, banking, and corporate finance functions, and venture capital investing, James Daras is tapped to lead nationwide mortgage loan subservicer.
Read More »Housing Market Begins to Recover from November Low
According to a new Redfin report, mortgage applications are up nearly 30% from early November, as the average 30-year-fixed mortgage rate declined to 6.15% from its November peak.
Read More »Fannie Mae Multifamily Ends 2022 With Nearly $70B in Overall Volume
Marking the 35th anniversary of its DUS platform, the GSE continues to support its mission to provide access to affordable housing nationwide.
Read More »Appraisal Subcommittee Meets to Address Valuation Bias
The first-ever ASC public hearing features experts from across the mortgage lending and appraisal industries delivering testimony on solutions, education, and awareness about valuation bias and fair housing.
Read More »Report: YoY Pending Sales Down 30% Nationally
A new report from the National Association of Realtors shows pending home sales numbers improving on a monthly basis for the first time in six months. Click through to read Chief Economist Lawrence Yun’s thoughts on the matter.
Read More »Study Finds Renting More Affordable Than Starter Homes
According to the Realtor.com Monthly Renter Report for December 2022, on average, a typical renter from the top 50 metros analyzed faced 41.4% lower monthly payments than a first-time homeowner.
Read More »Ginnie Mae Revises Requirements for Pooling Re-Performing Loans
With this new announcement, Ginnie Mae continues its commitment to issuers that maintain the strength and liquidity of the government mortgage market.
Read More »U.S. Mortgage Performance Remained Strong in Late 2022
According to a new CoreLogic report, mortgage delinquency and foreclosure rates remained near record lows in November, although 18 metro areas experienced annual increases in delinquency rate.
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