Fannie Mae has been honored with the 2023 ENERGY STAR Partner of the Year–Sustained Excellence Award for driving positive impact and the adoption of energy-efficient advancements in housing and finance.
Read More »Closing the Homeownership Gap
Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner of HUD, speaks to MortgagePoint about recent changes such as FHA’s mortgage insurance premium reductions, an ongoing commitment to improving IT infrastructure, and how the arc of her career brought her to her current role.
Read More »Cenlar Promotes Six to New Roles
Mortgage loan subservicer promotes six from within, including Rene Gonzales to Chief Technology Officer.
Read More »HUD Details Disaster Relief for Mississippi Following Tornado
After severe storms destroy hundreds of homes, agency issues temporary moratorium on FHA foreclosures and vows to “help rebuild."
Read More »Homeownership Affordability Inches Upward But Remains Weak Throughout U.S.
Homebuying conditions for house hunters may be improving as the portion of average wages nationwide required for typical major homeownership expenses fell slightly to 30% in Q1, according to ATTOM's latest U.S. Home Affordability Report.
Read More »New CFPB Rule Impacts HMDA Reporting
Under a new order from the CFPB, loans reportable under the Home Mortgage Disclosure Act will not need to be reported under the new small business lending rule.
Read More »Texas Targeted as a Top Relocation Destination
A new analysis from United Regions Van Lines examines the states that offer the greatest housing savings and which states rank highest in employment opportunities.
Read More »Price Declines Continue Across Housing Markets as Affordability Improves
“As the housing market rebalances, price declines will continue across many markets, but those declines would have to be substantial to erase all of the equity gains accumulated by homeowners during the pandemic boom,” said First American Chief Economist Mark Fleming.
Read More »Median Price of Homes for Sale Increased in March
The median price of homes for sale increased by 6.3% annually in March, according to Realtor.com's 2023 Monthly Housing Market Trends Report. The report notes that homes spent an average of 18 days longer on the market than the same time last year.
Read More »Share of Delinquent Mortgages Drops, But Foreclosure Rate Creeps Upward
CoreLogic reports that the share of home loans in delinquency continues to dip nationwide, down from a high of 7.3% in the spring of 2020, and down by 0.5 percentage points from January 2022.
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