Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.
Read More »Fannie Mae Predicts Lower Home Sales, Originations in 2022-2023
“Tightening financial conditions are slowing economic activity, and consumers are drawing down savings and increasingly relying on credit cards as they seek to maintain current levels of consumption,” said Fannie Mae Chief Economist Doug Duncan.
Read More »GSEs Affirm Commitment to Equitable Housing Access Nationwide
The Federal Housing Finance Agency (FHFA) has released Fannie Mae's and Freddie Mac's (the GSEs) Equitable Housing Finance Plans for 2022-2024. These plans were designed to complement the ...
Read More »Homebuyers Feeling Pressure of Higher Home Prices, Mortgage Rates
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from ...
Read More »Sandra Thompson Officially Named Head of FHFA
U.S. Senate confirms Thompson to formally lead supervision, regulation, and oversight of the GSEs and the Federal Home Loan Bank System.
Read More »New-Home Sales Continue Downward Trajectory
The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years.
Read More »Report: Origination Activity to Total $2.7 Trillion in 2022
Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.
Read More »Housing Starts Decline Slightly in April
The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »One-Quarter of Lenders Familiar With Blockchain Technology
In a new blog post, Ryan Jackson of Fannie Mae discusses how the mortgage industry is embracing blockchain technology and what the future holds.
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