Government

The MBA reports that new home purchase applications were down year-over-year in August but made a comeback after four consecutive months of declines.

According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and ...

The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to ...

Homebuyer affordability improved for the third consecutive month in August, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July. This is ...

As the Federal Reserve issues another rate hike to tame high-riding inflation, Freddie Mac reported the fixed-rate mortgage climbed 27-basis points over last week, rising to levels last seen in 2008.

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their ...

With representatives from numerous banks and servicers, as well as government agencies such as FHFA, the GSEs, and the CFPB, the Five Star Educational Labs delved into headwinds and insights from dozens of subject-matter experts.

The annual Five Star Conference gathers mortgage servicing industry executives with government representatives, attorneys, service providers, and others. Sunday’s lineup included programming aimed at the agent membership of Five Star’s Federation of REO Certified Experts (FORCE).

"This bill will hold banks accountable to the local communities where they have branches or do most of their lending,” said Chairwoman Maxine Waters. She added that the legislation would strive to encourage banks’ investment in the communities they serve and to help close the widening racial-wealth gap.

The Senate Banking Committee will host a hearing taking a closer look at the USDA’s loan guarantees to purchase homes in rural areas, through a discussion with stakeholders in the USDA’s housing services.