Supply-and-demand dynamics have given homebuyers more leverage to start the year, providing them with an advantage at the negotiation table.
Read More »Appraisal Subcommittee Meets to Address Valuation Bias
The first-ever ASC public hearing features experts from across the mortgage lending and appraisal industries delivering testimony on solutions, education, and awareness about valuation bias and fair housing.
Read More »Report: Forbearances “Reach a Floor”
For the third consecutive month, the nation’s forbearance rate has remained relatively flat, with new forbearance requests and re-entries being reported at nearly the same pace as exits.
Read More »GSEs Update Single-Family Pricing Framework
Fannie Mae and Freddie Mac have changed their upfront fee structure to strengthen their safety and soundness by enhancing their ability to improve their capital position over time.
Read More »Homebuyer Interest Wanes in Former Pandemic Hotspots
Declines in pending home sales were found by Redfin in pandemic homebuying hotspots of Las Vegas, Phoenix, and Austin, with each city reporting that pending sales plummeting more than 50%.
Read More »Ginnie Mae MBS Portfolio Continues to Grow in November
Ginnie Mae’s November new MBS issuance supports the financing of more than 122,000 households nationwide, including more than 55,600 first-time homebuyers.
Read More »Fed Raises Interest Rate to 15-Year High
FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.
Read More »Examining Q3 Mortgage Delinquencies
After a recent report found nearly 1.4 million home loans nationwide were in some stage of delinquency, a new MBA report examines how the multifamily side of the housing sector compared during Q3 2022.
Read More »The Week Ahead: What Lies Ahead for Loss Mitigation
An upcoming Urban Institute event will spotlight loss mitigation tools and how they have kept borrowers in their homes while dealing with hardships.
Read More »Pending Home Sales Dip for Fifth Consecutive Month
After experiencing a near 5% monthly drop in pending October sales, NAR reported the near-20-year high in mortgage rates and expensive home prices forced many prospective buyers to the sidelines.
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