When Marcia Fudge became Secretary of the U.S. Department of Housing and Urban Development earlier this year, she said she faced a staffing shortage that undermined the department's ...
Read More »New Residential Launches Preferred Stock Public Offering
The company reports that it has built a hard-to-replicate portfolio with high quality investment strategies.
Read More »Biden Nominates HUD Advisor as Ginnie Mae President
President Biden has nominated Alanna McCargo, Senior Advisor for Housing Finance in the U.S. Department of Housing and Urban Development (HUD), to be President of Ginnie Mae. It ...
Read More »Cash-Out Refis Drive Rate Lock Volume Rise
High-credit-score and high-balance borrowers were motivated to refinance by early August sub-3% rates, analysts say.
Read More »Homebuyers ‘Snatching Up’ New Inventory
The demand for residential real estate, while nudging down, remained elevated heading into fall. Competition is softening slightly, and prices are still high—that's according to the housing market ...
Read More »Plurality of Home Lenders Expect Dip in Profits
Mortgagees' pessimism, while waning, reportedly is tied to increased competition. Managing workforces well "will be critical to bottom lines," economists say.
Read More »iBuying Transactions Reach Record Numbers
Accounting for 1% of U.S. home sales for the first time in history, the increase in instant buying indicates sellers' desire for "more certainty and less stress," experts say.
Read More »Tappable Homeowner Equity Skyrocketing
Here is why economists believe these "astonishing" gains could be "a key driver in the nation's overall COVID-19 economic recovery."
Read More »FHFA Directs GSEs to Address Homeownership Barriers
By the end of 2021, Fannie and Freddie must submit Equitable Housing Finance Plans, part of a collaborative initiative to close America's racial wealth gap.
Read More »Hometown Lenders Adds Washington Branch
Hometown Lenders announced the addition of another branch location, continuing the company's robust strategic growth, according to a news release from the company. The press alert explains that ...
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