Poll of independent mortgage bankers uncovers their take on automated lending (hint: they like it, with a caveat), their predictions on what’s next in 2018, and if the sellers’ market will continue … or not.
Read More »Facing Housing Market Challenges
MReport talks with John Carroll, Owner of Village Real Estate, and Mayor of Galena, Maryland to discuss some of the difficulties—and potential solutions—facing the housing market today. What can the industry do to take steps toward progression? See the exclusive interview here.
Read More »Fed’s MBS Runoffs Projected at $197B in First Year
A new report indicates this amount is higher than precrisis levels, but less compared to the current level of over $4 trillion.
Read More »Organizations Reach Out for Borrower Mortgage Relief Assistance
This week, a group of housing organizations sent a letter to several U.S. officials regarding mortgage relief options for homeowners living in areas affected by the natural disasters.
Read More »Amazon’s Prime Place
More than 200 U.S. cities are wooing the Seattle-based retail giant in hopes of being home to its second headquarters. (Read: 50,000 new local jobs). Which one has the best chance of being crowned victorious?
Read More »Fannie Mae Reports Q3 Earnings
In Q3 2017 Fannie Mae transitioned its business from mortgage portfolio focus to guaranty focused. While the GSE had some of its credit-related expense eased by a recent legal settlement, see why net income dropped during the quarter.
Read More »How the GOP Tax Plan Will Impact Housing
On Thursday House Republicans released their much-awaited tax reform plan. Originally expected on Wednesday, the plan proposes a limit to property taxes among other sweeping changes.
Read More »President Trump Nominates Jerome Powell as Fed Chair
Today, President Donald Trump announced the nomination of Jerome Powell, a Federal Reserve Board governor who previously worked as a private-equity executive, as Fed Chair to succeed Janet Yellen.
Read More »Yellen Stays the Course, Trump Maps the Fed’s Future
The Federal Reserve has voted to keep its key interest rate unchanged. But things may look a little different come 2018 . . .
Read More »Mortgage Apps Dip Down
Over the last week, mortgage applications have experienced a decrease, a new survey shows. But just how much have they dropped? See the details of the data here.
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