However, the time to close on all loans rose due to increased volumes for lenders.
Read More »Commissioner Montgomery: Preparation, Mitigation Occur Before Disasters
HUD’s Deputy Secretary The Hon. Brian D. Montgomery was one of the many industry leaders discussing natural disasters and responses during Five Star’s Virtual Disaster Preparedness Symposium.
Read More »How Minority Homeowners Are Affected by COVID-19
While the homeownership gap between people of color and white people often worsens amid a recession, the pandemic has brought new challenges.
Read More »Homebuying is Going Virtual
Click through to read about the number of potential buyers who would purchase a home without stepping foot in it.
Read More »Purchase Applications Rise 5%
One analyst said “pent-up demand” is leading homebuyers back into the market. Click through to lead more.
Read More »Report: Homebuilding to Increase in Less-Populated Areas
The spread of COVID-19 within high-density markets could lead to rising residential construction in rural areas.
Read More »Christian M. Lown Appointed Freddie Mac CFO
Donald F. Kish, who has served as Interim CFO since December 2019, will continue serving as SVP, Corporate Controller and Principal Accounting Officer.
Read More »HECM Endorsements Surge in May
The month-over-month increase is more than 200% than April numbers, and is the best month recorded in over two years.
Read More »COVID-19’s Affordable Housing Impact
Despite labor market upheaval, home prices have remained relatively steady throughout the COVID-19 pandemic. Here's how the market may react after a return to normal.
Read More »Mortgage Market Off to Worst Start Since 2013
This is despite the Federal Reserve injecting $688 billion into the market in March to offset the impact of COVID-19.
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