Redfin reports that nearly 60,000 home-purchase agreements fell apart in June, as mortgage rates steadily climbed toward the 6%-mark, thus compounding affordability issues.
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 »Rep. Waters Pushes Further Prevention of Appraisal Discrimination
Chairwoman of the House Financial Services Committee reaches out to PAVE Co-Chairs seeking action plan and timeline implementation of each action.
Read More »Freddie Mac Expands Homeownership Opportunities for Renters
In a move to promote equitable housing for all, the GSE will begin to factor on-time rent payments into underwriting decisions as of July 10.
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 »What’s Inside the June 2022 Issue of DS News?
This month, DS News takes a closer look at protecting the American dream of homeownership, as a panel of industry experts in the property preservation and disaster recovery space share their insight in our June 2022 issue.
Read More »Nominate Your Candidates for the Mortgage Industry’s Top Women Leaders
During the upcoming Five Star Conference in Dallas, the top women leaders will be recognized at the annual Women in Housing Leadership Awards event.
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