This week the United States Supreme Court rejected appeals in a case challenging the federal government’s handling of profits generated by Fannie Mae and Freddie Mac since they came under government control during the 2008 financial crisis. On Tuesday, the ...
Read More »A Bump in Rates and Loan Sizes
Interest rates and loan sizes both got a boost in December. With 2017 topped off this rise, could 2018 bring more increases like this?
Read More »Total FHFA Prevention Actions Edge Close to 4 Million
Collectively, Fannie Mae and Freddie Mac sealed 18,034 foreclosure prevention actions back in October, bringing the combined total to 3,990,723 since the GSE conservatorships launched in September 2008, so says the Federal Housing Finance Agency’s (FHFA) October 2017 Foreclosure Prevention Report. By ...
Read More »FHFA Credit Changes Could Expand Homeownership
With the Enterprises considering major changes when it comes to GSE credit score standards, a FICO representative says they welcome the competition—so long as it’s fair.
Read More »Breaking Down Non-Performing Loan Sales
A new report dives into non-performing loan sales through June of 2017, including insights on foreclosure rates on both occupied and vacant homes.
Read More »FHFA: House Prices Remain on the Rise
According to FHFA’s House Price Index analysis, home prices continues to tick upward in Q3 2017, with a significant jump over Q3 2016.
Read More »Stat Insight: Home Prices Lead in the West
The data is in and home price are standing out in these markets...
Read More »Freddie Mac Reports Portfolio Update
Freddie Mac’s just released its newest volume summary, providing a breakdown of everything mortgage-related from the GSE.
Read More »FHFA’s Strategic Plan for the GSEs
What’s in store for the Federal Housing Finance Agency and the GSEs in the future? Take a look at the FHFA’s Strategic Plan for 2018-2022, in which the agency outlined three strategic goals.
Read More »Total Refinance Volume Fell According to Recent Report
The Federal Housing and Finance Agency released their April 2017 Refinance Report Thursday showing falling total refinance volume as mortgage rates in March remained higher than the lows observed in 2016. Overall, mortgage rates decreased in April with the average 30-year fixed being 4.05 percent, down from 4.20 percent in March. Ten states in the U.S. accounted for over 60 percent of the Nation’s HARP eligible loans with a refinance incentive.
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