The GSE’s latest Credit Insurance Risk Transfer consists of approximately 27,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $8.4 billion.
Read More »Robert Howerton Named CIO of Dovenmuehle Mortgage
Former VP of Infrastructure at Mr. Cooper brings 20-plus years of experience to his new role as CIO, where he will manage, maintain, and expand the company’s IT infrastructure.
Read More »U.S. Housing Market Value Surges More Than $2.6T YoY
The total value of the U.S. housing market surged more than $2.6 trillion year-over-year, nearly 50% higher than pre-pandemic levels, as a new Zillow report revealed which states and metro areas boast the most valuable real estate in the nation.
Read More »Demand for Vacation Homes and Investment Properties Falls to Seven-Year Low
A new Redfin report found that increased housing costs, short supply, and return-to-office mandates have factored into a decline in the demand for vacation homes and investment properties nationwide.
Read More »CFPB Proposes the Removal of Medical Bills From Credit Reports
Proposals are being considered by the Bureau to help end coercive debt collection tactics, clean up inaccurate data, and improve credit score predictiveness by erasing medical bills from Americans’ credit reports.
Read More »Freddie Mac Sells $586 Million in Non-Performing Residential Loans
The GSE has announced the sale, via auction, of more than 3,500 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio as part of Freddie Mac’s Standard Pool Offerings.
Read More »Annual Home Price Appreciation on Pace to Accelerate
Home prices continued to rally nationwide in July, as the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a slight 1% annual change in July, up from no change the previous month.
Read More »Study Examines Why 1 in 5 Americans Regret Moving
Among homeowners who have relocated in the last three years, more than 20% regret moving, according to a new study from All Star Home, with unexpected housing costs cited as the top driver of buyer's remorse.
Read More »Homebuying Power Weakens as Housing Affordability Plummets
Consumer homebuying power decreased from June to July 2023 and decreased 11.0% year-over-year, according to the First American Real House Price Index, sending housing affordability to its lowest level in more than three decades.
Read More »Ginnie Mae Revises HMBS Pooling Eligibility Requirements
Changes to Ginnie Mae’s HMBS program will improve issuer liquidity and provide issuers with continuous access to capital market sources of funding to securitize HMBS participation.
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