The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”
Read More »The Changing of the Guard: A Conversation With NMSA’s Leadership
DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.
Read More »Non-Performing GSE Loans Totaled $29B as of Year-End
The Federal Housing Finance Agency (FHFA) has released its latest report on the sale of non-performing loans (NPLs) by Government Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs). The latest edition of the Enterprise Non-Performing Loan Sales Report includes ...
Read More »Andrew Weiss Named Partner at Blackfin Group
Management consulting firm adds 35-plus-year industry veteran whose team pioneered the development of Fannie Mae’s Desktop Underwriter.
Read More »FHFA Provides Foreclosure, Refi, REO Updates
Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.
Read More »A Look at the GSEs’ Equitable Housing Finance Plans
Don Layton, Former CEO of Freddie Mac, lays out four major points the GSEs should consider as related programs go online.
Read More »Single-Family Home Inventory Up YoY in May
Despite housing inventory falling slightly to a 7.7 months’ supply month-over-month, the nation's supply was up 34.5% over last May, with 444,000 units available for sale.
Read More »Pace of Monthly Forbearance Exits Slows in May
The MBA reports that the share of U.S. loans in forbearance fell to 0.85% in May. However, the report cautious that pressure may be placed on those in workout options due to inflation and a rise in rates.
Read More »Housing Starts Down in May
With residential construction continuing to slow, the Fed’s rate hike of last week and its ripple effect on mortgage rates may push housing starts down for months to come.
Read More »Slowing Housing Market Expected Soon
According to a new report from Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and elevated inflation will continue to weigh on the housing market and are now predicting a 1.2% full-year market growth. The ...
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