journal

The Five Star Lending Forum hosted a keynote from Freedom Mortgage CEO Stanley Middleman, as well as an in-depth panel discussion with representatives of Churchill Mortgage Corporation, Fannie Mae, Freddie Mac, Guild Mortgage, Chase, and Xome about how the industry can support the American Dream of homeownership.

Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.

The integration enables wholesale lenders to provide fast and accurate scenario quotes to mortgage brokers in a high-volume call center sales process.

"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.

Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.

After a slight rise last week, mortgage rates have plateaued as a shift in inventory and pricing is offering more choices for buyers, along with more approachable prices.

The introduction of the DASH Act seeks to level the housing playing field for all through a series of initiatives including the issuance of housing vouchers and tax credits.

After a slight uptick last week, mortgage application volume fell this week, as rates began to rise and fear over rising COIVD cases overshadowed strong jobs reports.

Proposed rules set forth by the FHFA target housing obstacles faced by low-income and rural areas, minority communities, and other underserved populations.

After nearly a year of surging activity, interest in vacation and second homes has tailed off for the second consecutive month, falling 21% YoY in July.