FHFA Director Sandra L. Thompson noted, "Today's announcement exemplifies our commitment to developing a more efficient and equitable valuation system that supports liquid and sustainable housing finance."

As mortgage rates drive upward for the sixth consecutive week, overall application volume fell after a week of rebounding, falling to levels last seen 28 years ago.

NAR, along with the Independent Community Bankers of America and Community Home Lenders of America, have issued a joint proposal to the FHFA, the White House, the Treasury Department, and the Federal Reserve Board, designed to help ease mortgage affordability. Here’s what they propose.

From 2018-2022, the GSE has invested more than $3 billion to expand affordable housing supply and meet critical housing needs in underserved communities through Low-Income Housing Tax Credit equity investments. Here’s how those investments are paying off.

Former ICE, Sagent, and Ellie Mae executive joins mortgage tech provider to spearhead product development of the company’s Empower software and digital products.

The new ADU policy will expand financing options for borrowers to bolster the supply of affordable housing and assist families in creating generational wealth.

The Department issues federal funds to support efforts community-driven efforts nationwide to end youth homelessness, and improve outcomes through secure, stable, and supportive housing.

Freddie Mac reports the 30-year fixed-rate mortgage rose to an average of 7.57% this week, as purchase demand remains at a three-decade low.

Bringing 30 years of industry experience to his new role, Stephen Thomas has launched minority-owned, national correspondent lender FutureWave Finance to expand homeownership nationwide.

Newly branded mortgage tech provider names 25-year industry vet to oversee Dark Matter Technologies’ cloud architecture, incident response, governance, and regulatory audit oversight, as well as compliance and strategic risks at the enterprise level.