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.
Read More »OptifiNow Builds Custom Non-QM Integration With LoanScorecard
The integration enables wholesale lenders to provide fast and accurate scenario quotes to mortgage brokers in a high-volume call center sales process.
Read More »Existing-Home Sales Rise 1.3% Month-Over-Month in July
"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.
Read More »Existing-Home Sales Rise 2.0% in July
Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.
Read More »Mortgage Rates Remain Relatively Flat
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.
Read More »New Legislation Takes Aim at Housing Affordability
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.
Read More »Purchase and Refi App Volume Slips
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.
Read More »New GSE Initiative Aims to Close the Housing Gap
Proposed rules set forth by the FHFA target housing obstacles faced by low-income and rural areas, minority communities, and other underserved populations.
Read More »Soaring Prices Force Prospective Vacation-Home Buyers to Reconsider
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.
Read More »Supply Grows as Demand Continues to Rise
High prices, seller expectations, and multiple offers are forcing more buyers to reconsider, as RE/MAX found housing supply grew in July along with demand.
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