In a letter to President Joe Biden, Sen. Sherrod Brown, Chair of the Senate Banking Committee, has requested that the Administration utilize a “whole-of-government” approach to address housing affordability nationwide.
Read More »Mortgage Servicers and Government Agencies to Converge in D.C.
In April, the Five Star Institute will present its annual Government Forum, an event bringing together mortgage servicers and government officials under one roof to share their perspectives on the industry.
Read More »Managing AI and ML in the Mortgage Space
A new white paper from Black Knight examines how artificial intelligence and machine learning has been subject to concern by regulators and other stakeholders, and how mortgage industry managers and executives can benefit from their usage.
Read More »The Week Ahead: Federal Measures to End the Homeless Crisis
An upcoming Senate Banking Committee Hearing will examine actions the federal government has taken to combat the nation’s homelessness issue.
Read More »Flagstar Donates $1M to Combat Appraisal Bias
Donation to the Appraiser Diversity Initiative will address the lack of racial, ethnic, and gender diversity in appraisal field.
Read More »Mortgage Rates Close in on the 7% Mark
Continued economic growth and a rise in inflation have helped push mortgage rates up for the fourth consecutive week, making it difficult for potential buyers to jump into the purchase market.
Read More »Mortgage Purchase Apps Fall 44% YoY
Overall mortgage application volume fell 5.7% week-over-week, with homebuyers again retreating to the sidelines as a spike in mortgage rates hampered affordability.
Read More »Remote Online Notarization Measure Passes the House
Passage of HR 1059 will allow for the immediate nationwide use of RON; creation of national minimum standards; and provide certainty for the interstate recognition of RON.
Read More »Home Builders Continue to Face Supply Chain Issues
A recent NAHB member poll found that building materials remain a big challenge for home builders, but new issues are coming to the forefront.
Read More »Mortgage Rates Continue to Climb Upward
As existing-home sales fall for the 12th consecutive month, Freddie Mac reports that the rise in rates to 6.50% has exacerbated affordability issues for homebuyers nationwide.
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