U.S. housing supply jumped to 7.8 months at the current sales rate in August, the highest measure recorded since March 2023, as the inventory of completed homes for sale continued to climb, hitting its highest level since April 2020.
Read More »Fannie Mae Executes its Eighth CIRT of 2023
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 »Mortgage Industry Experts Focus on Property Preservation at Five Star Conference
Managers, owners, and agents alike met to discuss and inform attendees on the ins and outs of property preservation in today’s changing market at the 20th Five Star Conference & Expo in Dallas.
Read More »FORCE Rally 2023: The Who’s Who of REO Agents
The annual gathering of the Federation of REO Certified Agents took place at the 20th Five Star Conference and Expo, exploring everything REO, including data-backed insights from Fannie Mae and a series of informative panels. As Rick Sharga, President & CEO of CJ Patrick Company put it, "If you want to stay ahead in the distressed/default industry, you need to keep moving upstream."
Read More »Regulatory Issues Take Center Stage at Five Star Conference
The Legal League held its Fall Servicer Summit in conjunction with the 20th anniversary of the Five Star Conference in Dallas, spotlighting the latest regulatory developments, lawsuits, and emerging trends within the housing and mortgage space.
Read More »Forbearance Rate Edges Closer to Pre-Pandemic Levels
The MBA reports the share of mortgage loans in forbearance has fallen to 0.33% nationwide in August, just eight basis points shy of where the rate was in March 2020 at the outset of the pandemic.
Read More »Honoring Women Fostering the Expansion of Homeownership
The Five Star Institute will recognize the achievements of remarkable businesswomen working to expand homeownership, especially for first-time homeowners, with its Keys in Hand Award, part of the upcoming 12th Annual Women in Housing Leadership Awards event.
Read More »FHFA Seeks Public Comment on Updated Credit Score Requirements
FHFA is soliciting comments from market participants and stakeholders on the transition to updated credit scoring models and credit reporting requirements for loans acquired by the GSEs.
Read More »Fannie Mae Updates on Perceived Homebuying Sentiment
Fannie Mae’s Home Purchase Sentiment Index revealed that home-selling and homebuying sentiments are up year-over-year, a welcome sign that raised the index as a whole by 4.9 points.
Read More »Recognizing 15 Years of GSE Conservatorship
September marks the fifteenth anniversary of Fannie Mae and Freddie Mac being placed into conservatorship by the FHFA at the height of the Great Financial Crisis, and continues to show no signs of ending, according to a new Q&A from industry veteran Don Layton.
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