In this week’s DS5: Inside the Industry, XOME’s CEO, Mike Rawls, discusses pandemic-prompted changes that be here to stay, and the role of innovative technology in the mortgage industry.
Read More »Existing-Home Sales ‘Soar’
Homebuyers' biggest challenges remain "finding a suitable home amid very tight inventory, and qualifying for a mortgage within a framework of tightening credit availability," economists said.
Read More »Leaders From Fannie, Freddie, HUD Discuss 2020 Challenges, Trends
Leaders from Fannie Mae, Freddie Mac, and HUD were among the speakers at a virtual event this week. Click through to find out what they had to say about current events.
Read More »FHA Updates Forbearance Deadline
The Federal Housing Administration (FHA) and U.S. Department of Housing and Urban Development (HUD) today announced it is extending the date for single family homeowners with FHA-insured mortgages ...
Read More »‘Strong Wave of Buyer Demand’ Drives Rising Residential Construction
The U.S. Census Bureau released its construction statistics for September, recording a 1.9% increase in housing starts compared to August. Single-family residential starts rose 8.5% over the month to ...
Read More »FHFA Says Agency Has Kept Borrowers ‘Safe’ During Crisis
FHFA Director Mark Calabria spoke Monday at a virtual event, where his session focused on the agency’s current priorities— the talk included two announcements, one about a new ...
Read More »FHFA Report: Refinance and Foreclosure-Prevention Numbers
As mortgage rates keep falling, there is more opportunity for borrowers to refinance at lower rates, lowering monthly payments, according to the latest FHFA data.
Read More »Former GSE CEO Pens ‘Conservatorship-Exit’ Recommendations
No matter which candidate wins the White House, GSE reform remains very uncertain, according to Freddie Mac's former CEO.
Read More »Mortgage Rates Reach All-Time Low
Even as businesses begin to reopen, the unemployment rate remains a cause for concern among economists. That makes for much fiscal uncertainty. But despite weakness in the labor ...
Read More »How Much Property Damage Did Hurricane Delta Inflict?
Analysts examine the storm's "double jeopardy impact” after it hit the same region as last summer's Hurricane Laura and offer suggestions about how homeowners and insurers can work together toward recovery.
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