The GSEs showed strength in Q1, citing record mortgage volume, and protected hundreds of thousands of at-risk homeowners and renters through forbearance plans.
Read More »New Refi Option for GSE-Backed Mortgages
A new refinance option drafted by the FHFA will benefit nearly two million low-income borrowers and allow them to take advantage of record-low rates.
Read More »CFPB Delays Mandatory Compliance of QM Rule
Governmental actions will provide lender and borrower flexibility as the industry tackles challenging economic times.
Read More »Forbearance Update: How Are Rates Changing?
Despite a drop in unemployment claims and an overall improved economic outlook, forbearance volume declined marginally this week, dipping just one basis point over the previous week.
Read More »Housing Starts Hit 15-Year Peak in March
Constrained by harsh winter weather early in the year, housing starts took off in March, seeing a near 20% month-over-month rise.
Read More »Lipscomb to Lead Compliance Efforts at Homepoint
Ann Arbor, Michigan-based Homepoint has appointed Noelle Lipscomb as the company's Chief Audit Executive, where she will lead risk-based internal auditing functions, overseeing the review, monitoring and evaluation of the company's financial, operational and compliance internal controls. Lipscomb brings more ...
Read More »Economic Recovery Drives Ongoing Forebearance Drop
Forbearance plans declined this week, as the economy begins to pick up steam and Americans get back on the road to financial recovery.
Read More »Optimism Fuels Housing Market Sentiment
As vaccinations roll out and the economy improves, an increasing number of Americans feel it’s a good time to buy, according to the latest survey from Fannie Mae.
Read More »Forbearances Drop for Fifth Consecutive Week
With approximately 2.5 million Americans currently in forbearance plans, a new report notes that the total loans in forbearance dropped to 4.9% of total volume, marking a five-week decline.
Read More »Forbearance Plans Slide Below the 5% Mark
According to a new report, nearly 2.5 million U.S. homeowners remain in forbearance plans, the lowest level since last March.
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